Yuma Elementary board approves December revision to FY25–26 budget after state recalculation boosts revenue
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Summary
The Yuma Elementary District governing board voted Dec. 9 to approve a December revision to its FY2025–26 budget after a state ADM recalculation and carry-forward funds increased projected revenues by about $3.22 million; capital (DAA) funds rose by roughly $2.0 million.
The Yuma Elementary District governing board voted Dec. 9 to approve a December revision to its fiscal-year 2025–26 budget after state recalculation and prior-year carry-forward boosted the district's revenue outlook.
Miss Walden, the district finance presenter, told the board the statewide recalculation raised the district's Average Daily Membership (ADM) from 8,234.8461 to 8,249.4787 and that the revision incorporates increased Group B weights and growth in ESS and free-and-reduced counts. She said the FY26 adopted budget previously totaled $72,000,955.15; Revision 1 shows $76,179,560, a difference she cited as $3,224,445 that includes the FY25 rollover.
The revision also increased the district's DAA (capital) budget from $7,315,745 to $9,302,899, which the presenter described as an increase 'almost $2,000,000.' Miss Walden noted the board was not required by statute to prepare the December revision because statutory thresholds were not exceeded, but the administration prepared the update to capture carry-forward and ADM changes.
The board moved to approve the FY25–26 revised budget 'as written' (motion moved by Mr. Stoner; seconded by Miss Rico) and passed the motion by voice vote.
Procedural context: the finance presentation and figures were discussed earlier in the meeting as part of a public hearing notice and then again when the item was placed on the action calendar. Miss Walden said she will provide updated beginning budget balances for M&O and capital (DAA) at the next meeting.
The board also approved a related housekeeping item: consolidating the Food Service clearing account. Miss Walden recommended opening a Wells Fargo account for Child Nutrition and closing the account at National Bank to align with the district's other accounts. The motion to open the Wells Fargo account (moved by Miss Rico; seconded by Mr. Stoner) passed by voice vote.
What happens next: The budget revision takes effect in the district's accounting records as adopted by the board. Miss Walden said staff will bring a more detailed beginning balance for M&O and DAA at the next monthly report.
Sources: Presentation and motions during the Dec. 9 Yuma Elementary District governing board meeting (Miss Walden; motion language and votes recorded during the meeting).