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Oakland Public School District reports $6.93 million in resources and $6.39 million fund balance for year ending June 30, 2025
Summary
The Board packet for the July 15 meeting shows the Oakland Public School District had $6,926,552.47 in assets and resources and a total fund balance of $6,385,770.45 as of June 30, 2025, with actual revenues exceeding budgeted estimates by $859,084.80.
The Oakland Public School District reported $6,926,552.47 in total assets and resources and a total fund balance of $6,385,770.45 for the 12-month period ending June 30, 2025, according to the Board Secretary's interim report included in the July 15 meeting packet.
The packet shows the district's General Fund cash and reserves included $4,145,418.69 in cash in bank, a capital reserve of $1,813,309.55 and a maintenance reserve of $632,404.30. The report lists investments for current expense and emergency reserves totaling $373,279.42 and records an unemployment trust fund liability of $445,353.04.
On revenue and appropriations, the district reported actual revenues of $37,011,125.80 against budgeted estimated revenues of $36,152,041.00, an overage of $859,084.80. Total appropriations were listed at $37,817,041.65, with expenditures and encumbrances to date totaling $35,957,637.08, leaving an appropriated balance of $1,859,404.57.
The statement of appropriations further breaks out program-level spending: general current expense expenditures were $35,248,626.22 with a remaining balance of $1,857,870.56 across instruction, special education, operations and employee benefits lines. The packet itemizes these lines and shows remaining balances by budget code.
Special- and federal-funded programs were reported in Fund 20, with total available resources of $142,448.30 and federal and state grant balances tracked across Title I, Title III, IDEA and ARP-ESSER line items.
The Capital Projects Fund (Fund 30) shows $2,509,896.02 in cash with appropriations and encumbrances recorded against active construction and facilities projects. A change order and additional grant entries for the Dogwood restroom project appear elsewhere in the packet, increasing capital appropriations for that work.
The packet closes with the Board Secretary's certification that no budgetary line-item account has been overexpended as of June 30, 2025. The Board is scheduled to review these reports at the July 15, 2025 meeting listed in the packet.
