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Finance director reports June fiscal close; district expects to submit FY25 numbers by Aug. 31

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Summary

Finance director reported preliminary June fiscal data showing 97% of legal fund budgets expended and revenues collected above budget by about $3 million; staff expects to finalize FY25 financials for state submission by Aug. 31 and anticipates a special budget meeting in September.

Pulaski County Special School District finance director Miss Rowlett presented a preliminary June fiscal update and told the board staff are finalizing numbers ahead of the state deadline.

Rowlett said the district began the month with approximately $32 million, expenditures for the fiscal year total about $3,023,000,000 (as presented in the packet), and the gross legal ending balance was about $16 million. After…

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