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Oak Grove trustees approve 2024-25 audited actuals after budget briefing as teachers press for raises
Summary
Trustees approved the district's 2024-25 audited actuals after Associate Superintendent Mark Evans detailed an "unaudited actuals" close that showed roughly $35 million in ending fund balance, most of it restricted; several teachers urged a 6% salary increase and better health benefits during public comment.
The Oak Grove School District Board of Trustees on Sept. 11 approved the district's 2024-25 annual financial report and audited actuals after an extended presentation on fund balances and program restrictions.
Associate Superintendent Mark Evans told the board the district closed the year with about $35,000,000 in ending fund balance, of which roughly $24,000,000 is restricted and just under $11,000,000 was unrestricted. "Most of that is restricted funds," Evans said, adding that required reserves and forward-funded grants reduce the amount available for ongoing obligations.
Why it matters: Board members and staff said the restricted nature of many…
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