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Board approves bookkeeping amendments and hears $700,000 preliminary shortfall in 2026–27 forecast
Summary
Trustees approved multi-year bookkeeping amendments and heard a 2026–27 budget preview showing a fund balance of 72.79%, with revenue of $14.7M and expenses of $15.4M — roughly a $700,000 gap that could draw reserves down over several years.
The Crawford Co. R-II Board of Education approved a package of budget amendments intended to correct account coding and clean up bookkeeping entries dating back several years, and staff presented the district’s first 2026–27 budget view using Balance HQ software.
A staff member summarized the 2025–26 year-to-date numbers before the amendments were approved: expenditures year to date were 80.71% while revenues received year to date were 78.85%. The board approved the amendments by voice vote: "Motion by Sher Shudy, seconded by Chris Bell that the budget amendments be approved as presented." The vote recorded seven yes.
On the 2026–27 outlook, staff showed Balance HQ visuals indicating a fund balance of 72.79%. Staff said projected revenue was about $14.7 million versus projected expenses of $15.4 million — described in the meeting as "roughly a $700,000 difference." Staff warned that if current trends continue, district reserves could fall toward the 30% range in several years without adjustments.
Officials described the amendments as mainly bookkeeping reclassifications and account-code updates — small-dollar moves intended to place funds in the correct accounts rather than new spending authority.
Provenance: topic introduced SEG 152; topic finished SEG 209.
