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CFO and assistant superintendent report revenues and improved graduation rates; board notes budget pressures
Summary
CFO reported February state apportionment receipts nearly $5 million and transportation payments about $2.1 million; the assistant superintendent reported district graduation rates rose to 91.2% from 86.2%, and staff outlined how ADA changes and enrollment decline affect building revenue.
The board received a financial update from the district finance team. CFO Brian Wallace told trustees that the district received nearly $5,000,000 in the February foundation apportionment and about $2,100,000 for transportation operations, the latter approximately $136,000 above budget for that line. Wallace said salaries and benefits continue to dominate general‑fund spending (on the order of 85–88% of the general fund) and noted the legislature’s work will affect final budget planning.
Assistant Superintendent Casey McLaughlin presented graduation‑rate data and trends across the district. McLaughlin said the district’s overall reported graduation rate increased from 86.2% (earlier period) to 91.2% (most recent year), with Sanpoint (Sandpoint) High School at 92.2% and other high‑school changes highlighted. The assistant superintendent also explained that a temporary COVID‑era funding change (full enrollment funding) reverted to average daily attendance (ADA) funding, which reduced the district's funded units and affected buildings with smaller cohorts, especially Lake Pend Oreille High School.
Board members asked about planning steps to align staffing and building budgets with projected revenues; staff noted they are refining the budget, awaiting legislative outcomes and planning phased adjustments in staffing and building allocations.
