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Lansing School Board approves budget amendment after audit shows $7.4 million gain
Summary
The board approved Budget Amendment No. 1 after auditors showed a $7.4 million increase to the district’s fund balance; the amendment nets a conservative projected June 2025 fund balance of about $48.3 million and passed 8-0.
The Lansing School District Board of Education approved Budget Amendment No. 1 on Dec. 19 after an auditor-driven increase of $7.4 million to the district’s fund balance. The motion, moved by Trustee Williams and seconded by Dr. Cavanaugh, passed by unanimous voice vote (8-0).
The amendment updates the fiscal assumptions made when the budget was adopted in June. According to the presentation, the district’s adopted June 2025 fund-balance estimate of…
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