Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Kuna district CFO warns of steeper fund-balance draw, outlines two-year plan to recover
Summary
CFO Jonathan Gillard told trustees the district now projects a $2.1 million draw on fund balance this year—larger than the $1.5 million assumed in last year’s budget—primarily because of salary-schedule minimums, rising special-education costs and operating expenses; he proposed savings spread over two years and options to increase enrollment revenue.
CFO Jonathan Gillard told the Kuna Joint School District board that the district’s financial picture is weaker than anticipated, projecting a roughly $2.1 million reduction in fund balance this fiscal year, up from the $1.5 million draw assumed when last year’s budget was adopted.
“Based on the projections I’ve run, you’ll be around $2,100,000 that we’ll lose this year based on expenses,” Gillard said. He warned that the shortfall reflects several drivers: state-mandated changes to salary-minimum schedules,…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
