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Superintendent Pascal Muebenga and Chief Barnes say Buffalo district ended year with $444 million, explain budget process
Summary
On BPS Connections, Superintendent Pascal Muebenga and a district official addressed the Buffalo City School District's finances, reporting an audited, low-risk status, a $444 million total fund balance and outlining the district’s January–May, five-stage budget process and public transparency steps.
Superintendent Pascal Muebenga and a district official identified in the episode as Chief Barnes said the Buffalo City School District ended the 2024–25 year with strong reserves and described how the district produces its annual budget.
Chief Barnes summarized the external audit, saying the district received an unmodified opinion and was categorized as a low-risk auditee. "We just completed an external audit of our 24, 25 results. We received an unmodified opinion across all our funds," he said, reporting an actual deficit of $37,000,000 versus an approved $83,000,000 deficit and a $387,000,000 fund balance, including $125,000,000 in unassigned funds. "When you combine all our funds, we ended the year with $444,000,000," Chief Barnes said, adding that…
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