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Perryton ISD CFO: ADA dip tightens state revenue outlook, cafeteria and INS funds remain healthy
Summary
The district's CFO reported average daily attendance at 1,591 for the fourth six‑weeks and said projected state funding will leave the district roughly 4.5% under earlier revenue projections; cafeteria is $33,000 ahead and the INS fund is projected to end the year with a surplus.
Perryton ISD's chief financial officer told trustees the district's average daily attendance (ADA) for the fourth six‑weeks was 1,591, a decline of roughly 10 students from recent counts, and that lower ADA will reduce state funding and produce an expected revenue shortfall of about 4.5% versus prior projections.
The CFO said the district is "closely monitoring what we're going to receive from the state" and that overall funding looks to be a little less than 4.5% under earlier expectations. He reported the cafeteria program is performing well and is about $33,000 ahead year-to-date. The interest and sinking (INS) fund also is healthy, and the CFO said the district expects to finish the year with a surplus in that fund.
Board members asked no substantive follow-up during the report. The CFO said he will continue to update trustees as state allocations are finalized and emphasized that ADA trends drive near-term budget sensitivity.
