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St Clair board adopts FY25 budget, affirms long-term facilities plan

St Clair County Schools Board of Education · June 24, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The St Clair County Schools board approved a proposed FY25 budget that projects roughly $10.3 million in general fund revenues and a modest increase in fund balance, and discussed LTFM capital priorities including roofs, parking and playground work.

The St Clair County Schools board approved the district's proposed fiscal year 2025 budget after a presentation from district finance staff that forecast $10,314,626 in general fund revenues and $10,300,882 in expenditures.

The finance presenter said the FY25 projections assume 804 students and include $329,000 of long-term facility maintenance (LTFM) revenue with $132,000 in corresponding LTFM expenditures. The budget materials estimate a projected general fund balance of $2,853,469 at the end of FY25, an increase of roughly $13,000 over the current projection, the presenter said.

The budget review noted changes…

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