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Kalkaska board accepts 2024–25 audit, adopts budget amendment reducing fund balance by $480,000
Summary
At its Feb. 16 meeting, the Kalkaska Public Schools Board of Education unanimously accepted the 2024–25 financial audit and approved a 2025–26 General Fund budget amendment that adjusts revenues to $20,915,000 and expenditures to $21,395,000, producing a $480,000 draw on fund balance.
The Kalkaska Public Schools Board of Education voted unanimously Feb. 16 to accept the district's 2024–25 financial audit and to adopt a mid-year amendment to the 2025–26 General Fund budget.
Vice President Steve Ordway moved to accept the 2024–25 audit, and Trustee Chase Stevenson supported the motion. The motion carried 7 to 0. The board's recorded ayes were Steve Ordway, Chase Stevenson, Dr. Richard Hodgman, Mitch Saxton, Mary Scobey, Wendy Watson and Rachael Birgy.
In a separate vote, the board approved a General Fund budget amendment under a motion from Dr. Richard Hodgman, supported by Mary Scobey. The adjusted 2025–26 budget records $20,915,000 in revenues and $21,395,000 in expenditures, resulting in a net reduction of $480,000 from the fund balance; the motion carried 7 to 0.
The budget amendment was presented as a mid-year correction to reflect current revenue and expenditure projections; board members did not record any dissent during the recorded vote. The board did not attach additional conditions or amendments to the motion during the meeting.
The votes conclude the meeting's formal financial business for the evening; no subsequent public discussion or amendments to the audit or budget votes were recorded. The meeting opened at 5:30 p.m. and adjourned at 6:18 p.m.
