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Griffith Public Schools reports solid finances with roughly $12.3 million in available appropriations
Summary
The district reported it has appropriated $22.66 million across key operating funds and, through May 31, spent about $11.1 million—leaving approximately $12.3 million available; officials said spending patterns align with expectations and no budget shortfall is projected for the fiscal year.
Griffith Public Schools reported that, as of May 31, 2026, the district remains in a strong financial position with total appropriations of $22.66 million across its education, operations and operating referendum funds and approximately $12.3 million in available appropriations after roughly $11.1 million in expenditures.
The superintendent summarized the district's May financial review, saying the education fund had expended about $7.37 million of a $14.5 million appropriation and retained roughly $8.04 million (about 55.4 percent) of that fund. Operating referendum and operations funds similarly showed more than 53 percent of appropriated balances available, the report said.
Board and business-office staff told trustees that instructional expenditures account for the largest share of the education fund's budget (nearly 69 percent of education fund expenditures) and that earlier-year costs such as insurance premiums and contracted services can make some lines appear high early in the fiscal year. The business office said it will continue monthly monitoring, manage transfers as needed and prepare long-range projections for fiscal 2027.
The presentation did not include new revenue assumptions or a midyear cut to programs; instead, staff framed the numbers as consistent with expected operating rhythms and contingency planning. The board moved, seconded and approved routine consent items following the financial update.
What happens next: staff will continue monthly financial reviews and prepare long-range projections for FY2027; the district said it will post handbook and related materials prior to the start of the school year where parents can look for assessment and program guidance.
