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Board hears May 2026 financial report showing improved local revenue
Summary
Finance staff told the board the May 2026 report shows reconciled accounts, a $126 million ending fund balance and a positive year-to-date position driven by a $6.3 million sales-tax receipt and steady property-tax collections.
Finance staff presented the Baldwin County Public Schools May 2026 financial report and said all accounts had been reconciled and posted to the district website as required. The presenter reported an ending fund balance of $126,000,007.7 and said two-thirds of the fiscal year is complete.
The presenter highlighted local revenue gains, noting a $6.3 million sales-tax receipt that contributed to turning the year-to-date position positive (the presenter compared current balances with the prior two years). Probate (vehicle) tax and property-tax collections were discussed as generally in line with expectations for the year.
The presenter also described 'other revenue' related to bus mileage and fuel reimbursements, explaining that mileage is reimbursed at a per-mile rate and offsets transportation expenses for field trips and athletic events. Board members were invited to ask questions; no formal action or vote was taken during the work session.
Staff said they will review line items and provide additional breakdowns to explain where revenue gains originated and how they affect the capital and operational budget forecasts.
