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Finance update: FY2025 estimates, February receipts and a $672,274 IT reallocation request
Summary
Finance staff presented FY2025 fund-balance estimates and February FY2026 revenue/expenditure reports; IT requested reallocating approximately $672,274 to refresh active digital panels and install multimedia screens districtwide.
At the March 9 meeting Sumpter School District finance staff presented an FY2025 fund-balance estimate and February FY2026 revenue and expenditure activity, and administrators described a request to reallocate existing funds for district IT hardware upgrades.
Finance reported an estimated FY2025 ending fund balance of about $2.756 million and said auditors will present the official FY25 audit at…
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