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Plymouth board approves preliminary 2024–25 budget for publication despite projected shortfall
Summary
The Plymouth Joint School District board voted to publish its preliminary 2024–25 budget, which projects about $34.04 million in revenue, $34.8 million in expenses and a preliminary deficit of roughly $764,500; members earmarked fund balance for one-time needs and noted uncertainty over TID receipts and special-education reimbursements.
The Plymouth Joint School District Board of Education on a unanimous voice vote approved publishing the district's preliminary 2024'25 budget for the annual meeting. The budget as presented projects roughly $34,040,000 in revenue and about $34,800,000 in expenses, producing a preliminary deficit of approximately $764,500.
Amy, the district finance presenter, told the board, "So right now, our budget is projected at $34,040,000 for revenue." She identified two large items that help explain the gap: a $350,000 Fairview roofing project expensed this fiscal year and an estimated…
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