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Jefferson board hears budget hearing, approves preliminary 2024–25 budget
Summary
School finance staff told the board the district faces a smaller-than-expected deficit and a healthy reserve as federal ESSER funds wind down; the board approved a preliminary 2024–25 budget and set October as the final adoption milestone after DPI and valuation updates.
The Jefferson School District Board of Education held a public budget hearing Aug. 26 and approved a preliminary 2024–25 budget after a presentation by district finance staff.
During the hearing, district finance presenter Mr. Bant said auditors’ fieldwork showed a smaller-than-projected operating deficit in the ballpark of $180,000 and a fund balance around $5.7 million. He explained that the district is transitioning off federal ESSER pandemic dollars and must plan to fill that gap as those funds sunset.
Bant walked…
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