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Nyssa SD 26 finance officer: October revenue roughly $2.4M; food service $51,000 deficit, bond payment due
Summary
The district reported October operating revenue of about $2.4 million, expenses of roughly $2.2 million, a projected middle-school bond balance near $76,000 with a $74,000 debt payment due, and a food-service program deficit of about $51,000.
The Nyssa School District 26 board received October financial statements on Nov. 10 that showed the district received just over $2.4 million in revenue for the month and spent a little more than $2.2 million, increasing the district’s cumulative balance by about $200,000.
"Just quickly looking at October, you see we received a little over $62,000 in current year taxes ... Our revenue for the month was a little over 2,400,000.0. Our expenses ... were a little over 2,200,000.0," Crystal said while presenting the operating statement for the general fund.
Crystal (identified by the board chair before her report) walked directors through a set of internal reports: a county tax breakdown, the middle-school bond operating statement, and the food-service operating report. She said the middle-school bond balance rose to about $76,000 after recent receipts and that an upcoming debt-service payment of $74,000 will reduce that balance to just under $2,400.
On food service, Crystal reported the program ended October approximately $51,000 in the red.
She told the board the next debt-service payment is scheduled for June 2026 and that she would re-run a bills-approval report once a software issue is resolved; she plans to present the bills formally in December.
Board members asked clarifying questions about timing and report availability; Crystal said the software vendor has not fixed an approvals issue and she will circulate corrected materials when ready.
The board did not vote on financial policy at this meeting; the auditor is scheduled to present in December and the board reiterated the need to complete outstanding reviews before year-end.
