Superintendent says audit closing soon; general-fund snapshot shows enrollment dip and year-to-date shortfall

Superintendent Robert reported the district’s financial audit is nearing completion after the Office of Management and Budget released an audit-supplement guide that allowed auditors to close remaining items. "We are now in a position where we can finish that up," he said, and added, "we don't foresee any changes."

Robert presented an updated general fund balance of about $21,600,000 (rounded) per the audit draft and said the district has seen a decline in average daily membership; the 10th- and 45th-day counts were both reviewed. He said the district is still within expected seasonal cash patterns and that local tax collections forthcoming through January and February should improve cash flow.

On a year-to-date basis, Robert said revenue compared with expenses shows a larger negative this year (about $4.9 million) than last year (about $4.2 million). He noted the district has used about 28% of its budgeted expenditures so far this fiscal year — below an idealized 33% pacing figure — and described the special-revenue and federal-grant timing as slower than usual but manageable. Robert invited questions and said staff would provide further detail in finance and facilities appendices.

The report included operational items (debt-service timing, activity-fund balances, and food-service participation rates) but no immediate board action was recorded on the finance items during the meeting.