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District reports December financials: $101.3M ending fund balance, state transfer to Fund 14 cited
Summary
Chief School Financial Officer presented December 2025 financial statements showing an ending fund balance of $101.3 million and a $14.9 million year‑over‑year decrease attributed to a state‑recommended direct deposit of 6 mills into Fund 14; staff flagged enrollment‑driven staffing projections and the end of ESSER funds as budget considerations.
The district’s finance officer presented the December 2025 financial statements to the Montgomery Public Schools board on Feb. 10, highlighting a reported ending general fund balance of $101,300,000 and explaining a year‑over‑year decrease tied to a change in how the district accounted for a 6‑mill allocation.
Miss Watkins told trustees the $14.9 million decline compared with…
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