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Board hears July financials and an unofficial 112-student enrollment increase that could add roughly $700K$800K
Summary
Business office presented July financials including a $3,194,448 basic grant payment and ending general fund balance of $1,750,353; superintendent reported an unofficial ADM increase of 112 students, estimated to yield approximately $7,100 per student in state tuition support, materially improving the yearbudget outlook if verified on Oct. 1.
The board reviewed July financial reports and received an early enrollment update that could affect the districtbudget.
Valerie (business office) presented July figures: the basic grant payment for the month was $3,194,448; monthly expenses totaled $2,206,802; and the reported ending general fund balance was $1,750,353. She noted that state tuition support is calculated from February Average Daily Membership (ADM) and that October and later counts can shift revenue projections.
Separately, the district administrator reported an unofficial enrollment increase of 112 students as of last Friday and said the district is watching the number cautiously until the state's official count on Oct. 1. He described the per-student tuition support figure as about $7,100 and estimated the enrollment change could represent roughly $700,000$800,000 in additional revenue if the count holds. "We're an $800,000 of extra revenue this year, which is amazing," he said, while cautioning that the October 1 state count is the official tally.
The board approved the July financials by roll-call vote (600). Presenters said they are building dashboards tied to the recently approved strategic plan to provide regular district- and building-level metrics to the board in the coming semester.
