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Board previewed District 39 tentative 2025 budget and proposed interfund transfers
Summary
District staff reviewed the tentative fiscal 2025 budget and associated routine year-end fiscal actions: treasurer's bond renewal, a capital projects fund transfer, an anticipated interfund transfer of up to $1.5 million from the Educational fund to O&M if needed, and a potential temporary loan from the Ed Fund to O&M not to exceed $2.5 million; these items will be included in next Monday's packet for formal board action.
District finance staff presented the tentative fiscal 2025 budget and a set of routine fiscal-year-end actions the board will be asked to consider.
Staff said the District 39 tentative budget was reviewed last month and that the board will be asked next Monday to approve it as a procedural step; the tentative budget will be on public display over the summer and staff expect many individual line-item changes before the final budget in August. Separately, staff…
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