Board packet: Oakland Public School District reports $10.83 million cash balance and detailed September budget statements

The Board Secretary's September 2025 financial reports in the Oct. 14 packet show an opening cash balance of $10,249,477.82, receipts of $4,676,434.05 and disbursements of $4,095,493.81, resulting in a reported cash balance of $10,830,418.06 as of Sept. 30, 2025.

The packet includes a full bank reconciliation and fund statements. Fund summaries list Fund 10 (General Fund) total cash in bank of $8,835,937.13 and Fund 30 (Capital Projects) cash of $1,579,518.69; Fund 60 (Enterprise/Cafeteria) is shown at $384,628.72 and Fund 20 (Special Revenue) shows a small net of $(12,919.67) for the month. The packet also reports 'Total All Funds' cash activity with beginning cash $10,249,477.82, receipts $4,676,434.05 and disbursements $4,095,493.81, matching the cash-balance total above.

Interim statements comparing budgeted appropriations with expenditures for the three months ending Sept. 30, 2025, show Total General Current Expense expenditures of $7,005,450.64 against appropriations and encumbrances; the packet provides program-level details (instruction, special education, maintenance, transportation and benefits) and notes transfers and appropriation adjustments recorded in September (specific adjustment entries are itemized in the packet).

The Board Secretary certifies compliance with N.J.A.C. 6:30-2.13(d) for September 2025, stating that no budgetary line-item account has been overexpanded in violation of that regulation. The materials list a series of appropriation adjustments, change orders and interfund transfers (including a $138,370.94 capital transfer/change-order entry in the adjustments table). The packet does not include a recorded board vote approving these figures; the documents are presented as the Board Secretary and Treasurer reports for the meeting packet.