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Finance consultants: East Stroudsburg SD posted $10.28 million loss in 2024–25, consultants say long-term tracking will improve budgeting
Summary
School-district finance consultants told the East Stroudsburg Area SD finance committee the district realized a $10,279,584 loss for fiscal 2024–25 but said many variances were driven by non‑operational capital items and one‑time receipts; staff touted new PDE building‑level reporting as a tool for future transparency.
East Stroudsburg Area School District finance consultants told the committee that the district realized a loss of $10,279,584 for fiscal year 2024–25, a result they said reflects a mix of operational pressures and accounting for capital transactions. "We actually realized a loss in 20 fourtwenty 5 of 10,279,584," a consultant reported.
The consultants explained the gap by separating recurring operating variances from capital and timing items. They said nearly $6 million in bus purchases and roughly $4.45 million in construction paid from ESSER funds increased both revenues and expenditures because of how the transactions are recorded, and that when those capital items are netted out the district came in under budget on operational spending.
Consultants emphasized revenue-side timing effects. The district received a $5.5 million tax‑equity supplement in cash during 2024–25 that, under…
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