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District finance presentation shows FY25 fund balance at 23.25%; proposed amendment would lower current-year balance to ~18.37%
Summary
Finance consultant Carol Embry presented a new financial reporting format and a budget amendment reducing all‑fund revenues by $6,366,001.32 and expenditures by $5,000,005.53, with transfers including $15,150,000 to capital and $16,089,055 to the teacher fund. Board members requested a June study session for deeper review.
Carol Embry, a finance consultant working with North Kansas City Schools, presented an expanded financial report on Feb. 24 that the district intends to use going forward to improve transparency and compliance with Missouri statute.
Embry reviewed fund structure and statutory requirements, explained a five‑year forecast included in board materials and recommended a budget amendment. She said the district closed FY25 with a 23.25% operating fund balance and that the posted budget…
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