Appoquinimink finance director reports November figures, explains data-entry error; board approves report

The Appoquinimink School District's director of finance presented the district's November 2025 revenue and expenditure report and asked the board to approve the presentation after answering questions on tax receipt timing, reserves and a reported data-entry error.

Miss Stewart reported the district had received about $41.6 million in revenues as of November, with encumbrances around $1.4 million and expenditures of roughly $33.1 million, leaving an end-of-month balance near $7.1 million. She said the district is operating in austerity mode and was projecting a $4.8 million carryover for FY2026, while warning that the number is a projection and depends on December and January tax receipts.

On a correction: Stewart acknowledged a prior mistake in the October presentation where she reported a $26,945 federal homeless-funding amount that did not exist. "That was my error, and so I have corrected that for November 2025," she said, describing the mistake as a manual data-entry issue from the DGL 060 reports and promising the new consolidated reporting system should reduce such manual steps.

Board members asked for clarity on the district's cash-flow timing and the temporary use of state appropriations to cover payroll during a lag in county tax receipts; Stewart said the state-created appropriations allowed the district to bridge payroll until county collections were transferred. When asked about reserves, Stewart said the district borrowed $1,000,000 from its reserve balance to fund tuition obligations and plans to reimburse that amount when December tax receipts arrive.

The board voted to approve the monthly financial report as presented after concluding the discussion.