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Mustang board hears FY25 financial recap; officials say district is in a ‘relatively good spot’
Summary
At the Mustang School Board meeting, Brenton Bradley presented a fiscal‑year 2025 overview showing roughly $128 million in general‑fund revenue, $114 million in expenditures and a $17 million carryover held partly for the new Sunset Hill Elementary; bond proceeds and property‑tax reliance were highlighted.
Brenton Bradley, who identified himself during the meeting, briefed the Mustang School Board on fiscal‑year 2025 finances, saying the district is "in a relatively good spot" despite costs associated with opening Sunset Hill Elementary.
Bradley said general‑fund revenue for FY25 was about $128,000,000 with expenditures near $114,000,000 and a carryover of roughly $17,000,000 that the district built up in anticipation of new‑school staffing and startup costs. He told the board that about 25% of general‑fund revenue comes from property taxes and that salaries and associated benefits make up the…
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