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Dufur SD 29 finance director flags $80,000 local revenue shortfall, projects $425k–$450k year‑end balance
Summary
Business manager Turner told the board the district faces roughly an $80,000 shortfall in local tax revenues this year because of a May state correction tied to prior over‑collection; expenditures are at about 83% of budget and the projected ending fund balance is $425,000–$450,000.
The district's business manager, Turner, told the board the district will end the year with less local revenue than originally projected, calling out a roughly $80,000 shortfall driven by state May corrections to school fund allocations. "We're about $80,000 short of our projections in local tax revenues," Turner said, adding that last year's over‑collection created a negative correction this year.
Turner said district spending currently stands at approximately 83% of total expenditures to date, with much of the special revenue and 200‑level accounts dominated by salary and payroll costs. He said the district is monitoring a May revenue forecast and may need adjustments to the budget presented at the next budget committee meeting. Turner estimated an ending fund balance in the range of about $425,000 to $450,000.
