Sioux City school board adopts FY25 financial report, approves budgets and routine contracts

The Sioux City Community School District Board of Education on Nov. 20 adopted its FY25 annual financial health report and approved a suite of budget and routine business items, voting unanimously on multiple motions.

Finance director Patty Blankenship presented the unaudited FY25 annual financial health report and told the board the general fund ended the fiscal year with an $87,600,000 balance, approximately $80,100,000 of which was unassigned. Blankenship said general fund revenues totaled about $204,700,000 and expenditures about $196,800,000, producing a net increase in fund balance of roughly $6,000,000. She noted governmental funds totaled about $137,300,000 and highlighted balances in the Student Activity ($898,000), Management ($4.8 million), Sales Tax ($34.9 million), PPEL ($1.1 million) and Debt Service ($7.6 million) funds. "The general fund at 06/30/2025 had an ending fund balance of $87,600,000," Blankenship said.

After questions about budget line items —…