Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the District Finance topic
No spam. Unsubscribe anytime.
Audit shows surplus; board approves capital and fleet moves as part of budget planning
Summary
The district's auditor reported a clean 2024–25 audit with revenues up roughly $1,000,000, a $3.5M surplus added to capital reserves, and approval to buy five low‑mileage buses; the board also discussed a five‑year long‑range facilities plan and the 2026–27 budget calendar.
The operations and transportation committee presented the 2024–25 audit from auditor BKC. The committee reported that district revenues increased by about $1,000,000 this fiscal year — driven mainly by the general fund tax levy — while operating expenses fell by approximately $608,000 and total expenses decreased by just under $2,800,000. As a result, the district ended the year with a surplus just over $3,500,000, which the committee recommended adding to the capital reserve to fund future projects with less taxpayer impact.
The committee also recommended purchasing five low‑mileage buses through successful bids, increasing the fleet to roughly 47 vehicles and reducing reliance on rentals. Committee materials and discussion noted ongoing enrollment declines (119 students) and presented a long‑range facilities plan covering renovations to TED labs, culinary kitchens, turf fields, auditorium renovations, HVAC and roof replacements, security and accessibility improvements.
Superintendent Jessica Candelosi Haid and operations lead praised business office staff for delivering a clean audit with no recommendations. The board moved to approve the items brought forward by the committee (including the bus purchases and capital projects authorizations); roll calls recorded necessary recusals and carried the motions.
