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Finance director outlines district budgets; maintenance & operations ~50% spent so far
Summary
Director of finance Brenda Guerra reported the district's maintenance and operations budget of about $106 million with roughly $52 million spent to date (about 50%), a capital budget of $11.09 million with 27% expended and student-activity balances totaling about $758,705.32; she said contingencies would cover unforeseen overages.
The Yuma Union High School District board received a monthly budget update on March 12 from Brenda Guerra, the district's director of finance.
Guerra presented year-to-date figures as of March 2: a maintenance and operations budget of $106,000,976 with expenditures reported at about $52,000,865.73 (about 50% of the budgeted amount); a capital budget totaling $11,087,304 with roughly 27% spent (about $2,000,985.21 reported in the presentation); and student activities ending cash balances reported at $758,705.32 with a smaller student-activities fund balance of $34,727.84.
Board members asked questions about utility spending and what the district would do if a category exceeded 100% of its budget. Guerra said fixed expenditures were included in the initial budget and the district monitors spending monthly; should an area require adjustment, the district would draw from its contingency fund. Neil Brown and other finance staff noted the district had available federal ESSER funds that had been set aside previously and that, when necessary, the district has been using some of those funds to support one-time needs.
The update was presented for information; no formal action was taken.
