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Ascension Parish financial report: May revenues beat budget, some expenditures over
Summary
The district reported May 2026 revenues above budget and several expenditure variances (notably special education and salaries); the director of business services outlined corrective actions for capital-asset schedules and documentation procedures.
The Ascension Parish business services director reported May 2026 financial highlights to the board, saying revenues for the month were about $20.8 million (approximately $2.1 million over budget) while expenditures were under budget; the reported May deficit was $4.4 million, better than budget by about $2.4 million.
Director Jackson said major revenue variances included an unfavorable variance in MFP (Minimum Foundation Program) and a favorable variance in sales tax collections. Jackson also detailed expenditure variances: special education, salaries and benefits, substitutes, transportation repairs, and central services (including technology and locksmith payments) all showed over-budget amounts for the month. Jackson noted a plan to implement a document review process and corrective actions for capital asset schedules to address findings in the local government budget review.
What this means: administration said cash reinvestments and fund balances are being monitored and that corrective action plans will be prepared by the business services department to ensure accurate capital-asset reporting. The director gave figures as presented to the board and described both favorable and unfavorable variances for May 2026.
Next steps: the business services department will implement the corrective action plans and work with maintenance and finance teams to finalize schedules and reporting.
