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Woodburn SD business office projects lower year‑end fund balance; staffing remains largest cost
Summary
Business office director Sarah Bishop told the board the district projects an ending fund balance of $11.9 million (down from $15.3 million) and reviewed cash‑flow details as the district enters budget season; board members emphasized staffing and enrollment as key budget drivers.
Sarah Bishop, the district’s business office representative, told the Woodburn School District Board of Directors that the district is projecting a lower year‑end fund balance as it heads into budget season.
"Beginning fund balance is $15,304,000," Bishop said while walking the board through the monthly financial statements, and she later cited a projected ending fund balance of $11,900,000. Bishop reported year‑to‑date actual revenue of about $77,717,780 and actual year‑to‑date expenditures of about $42,750,000, which leaves roughly $34,900,000 in cash on hand as of the report. She also described projected annual revenue of about $102,000,000 and noted those figures produce an estimated $3.39 million decrease in fund balance compared with the start of the fiscal…
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