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Finance director flags lower impact‑fee payment and high child‑nutrition receipts as fiscal year closes
Summary
Mr. Kelly told the board April 30 revenues show a smaller-than-expected impact fee ($67,006.52) but stronger child nutrition receipts (~$2.1M vs $1.75M budgeted); discretionary funds are largely received while payroll and upcoming obligations keep year‑end balances tight.
The board received an April 30 financial update showing mixed revenue signals as the district enters the last two months of the fiscal year.
Finance presenter Mr. Kelly said the district received a debt service impact fee check of $67,006.52 that had not yet been registered in the report, a second‑check total significantly below prior second‑check receipts (last year’s second check was substantially larger). By contrast, the Child Nutrition fund had receipts of just over $2.1 million compared with a budgeted $1.75 million this year, a change that will be reflected on the revenue side even as child‑nutrition operations show higher expenditures.
Mr. Kelly also noted the district is running about $1,000,000 a month in payroll and that total discretionary funds were about 20% remaining at the time of the report. He flagged a revised tuition bill from KCCS that was revised downward from a little over $400,000 to about $304,000, improving that line on the expenditure side.
Board members had brief clarifying questions about impact‑fee timing and staff said they will monitor receipts and payroll obligations through year end. The board later voted to approve the financial reports as presented.
