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Dennis‑Yarmouth reports FY25 closeout, $809,666 year‑end balance; E&D certification to follow
Summary
The district closed FY25 with approximately $809,666 remaining and reported roughly $1.8 million in excess & deficiency expected after certification. Officials described an unclosed $2,273 encumbrance and an unexpected $169,000 McKinney‑Vento reimbursement.
Dr. Gilson, who presented the FY25 budget summary, told the Dennis‑Yarmouth Regional School Committee that the district closed the year with nearly all funds expended and roughly 1% of the operating budget remaining.
“We ended with 1% of the budget remaining after the full year,” Dr. Gilson said and later identified the year‑end balance on the screen as roughly “809666.” He explained one lingering encumbrance in the ledger was tied to a retiree’s health‑insurance premium…
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