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Finance consultant: MSD Martinsville fiscally stable but enrollment warrants monitoring
Summary
Baker Tilly presented DUAB dashboard metrics showing a modest 2% enrolment decline from 2023 to 2024 and roughly 6% out‑of‑district transfers; fund balances, a budget surplus and a 6% rise in net assessed value contributed to a stable fiscal outlook and a favorable S&P rating, the consultant said.
A Baker Tilly financial consultant presented the district's DUAB (Distressed Unit Appeals Board) dashboard for calendar year 2024 and described MSD Martinsville's overall fiscal condition as stable while flagging enrollment trends to monitor.
The consultant said average daily membership (ADM) decreased about 2% from 2023 to 2024,…
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