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Westerville City reports $111.8 million unencumbered general‑fund balance at close of fiscal 2026
Summary
Treasury staff presented year‑end fiscal 2026 figures: general‑fund receipts $221.8M, expenditures $226.4M, and an unencumbered general‑fund balance of $111.8M; the board approved the financial report.
The Westerville City (Regular School District) Board of Education on July 9 reviewed and approved the district’s fiscal‑year‑end financial report for fiscal 2026, which shows an unencumbered general‑fund balance of $111,800,000.
Miss Marshall, speaking for district finance staff, said June is the last month of fiscal year 2026 and presented year‑to‑date figures for the general fund and all funds. She reported general‑fund year‑to‑date receipts of $221,800,000 and expenditures of $226,400,000, leaving an unencumbered general‑fund balance of $111,800,000. For all funds combined, she reported receipts of $299,900,000, expenditures of approximately $316,000,000, and an ending unencumbered balance of $199,000,000.
Board members moved and voted to approve the financial report and investments for June 2026. A board member asked whether the salary and step figures in the personnel agenda reflected current negotiations; Miss Marshall and HR staff said the amounts reflect current allocations and will be updated when a new agreement and salary schedule are finalized.
The board’s action was procedural approval of the presented year‑end numbers; the district did not announce changes to tax rates or large new appropriations at this meeting.
