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Huntsville City Schools approves December financials, reports $51.3 million positive operations
Summary
At a Feb. 24 work session the Huntsville City Schools board reviewed and approved December 2025 financial statements showing positive operations of $51,280,319, roughly 7½ months of reserve, and anticipated capital funding from a $75 million city bond offering.
Huntsville City Schools reviewed and approved its December 2025 financial statements during a special work session at the Feb. 24 Board of Education meeting, with district finance staff reporting positive operations for the year of $51,280,319.
The presentation showed total assets of about $252.5 million, ongoing liabilities around $30.27 million and total fund equity near $222.3 million, which the presenter said translates to roughly "7 and a half months of fund balance in reserve." The board approved the fiscal statements by voice vote.
Th…
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