Klamath County SD reports revenues mostly on track, schedules budget meetings

The Klamath County SD board heard a financial briefing showing year‑to‑date general‑fund revenues near projections and a larger cash balance than at the same point last year.

During the presentation, the district’s finance presenter said the general fund was about 80–83% collected through March 31, with local tax receipts around 93% of forecast and state school fund receipts roughly 83%. One‑time federal forest payments tied to Secure Rural Schools legislation accounted for a substantial increase in the prior‑year comparison; the presenter said another approximately $1 million in federal forest funds is expected later in the fiscal year.

On the expenditure side, the presenter reported general‑fund spending is lower than projected (about 57% spent versus a projection of 61%), with salary and benefits at roughly 61% year‑to‑date. Top program expenditures include licensed and classified salaries, PERS, replacement equipment and a bus purchase program (buses totaling about $1.4 million this year). The district’s available cash balance was reported at $29.7 million, with $19.7 million in state interest‑bearing accounts.

The board was told the district starts the fiscal year with an $8.2 million beginning fund balance and, without later transfers, could end June with roughly $10.66 million in the general fund. Presenters noted planned transfers to cover shortfalls in other funds such as food services where grant revenues did not materialize.

The board set a schedule for budget committee meetings tied to the 2026‑27 budget: April 30 and May 7 at 5 p.m., with a potential May 14 meeting if needed, and announced a "State of the District" presentation for April 24 at 3 p.m. that will be posted to YouTube.

What’s next: the district will finalize numbers and present the 2026‑27 proposed budget to the committee and board at the scheduled meetings.