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Randolph County School System reports mixed third-quarter finances; district notes ESSER expiration and capital request
Summary
The district’s finance presenter gave a third-quarter update showing lower year-to-date expenses in several funds, an exhaustion of one-time ESSER funding, and a requested $950,000 facilities payment that staff said should appear on the final report.
Marty, the district’s finance presenter, told the school board the Randolph County School System’s third-quarter finance update showed mixed results across funds.
"For 25-26 third quarter expenses is 33,698,557," Marty said, reporting a year-over-year decrease in state expense. He also reported current-expense third-quarter revenues of 7,468,959 (a cited 4.22% increase) and year-to-date current-expense revenues of 22,257,120.
Marty noted federal-program year-to-date expenses fell substantially…
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