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CFO reports early-year spending and a state apportionment that eased cash flow
Summary
CFO Ryan Waller said September spending is concentrated in salaries and benefits (~79% of general-fund expenditures), noted one-time Chromebook payments, reported modest enrollment growth as of Oct. 6, and flagged a state budget projection that may tighten legislative funding.
CFO Ryan Waller delivered the financial update for September, telling trustees the district’s expenditures early in the year are dominated by salaries and benefits—"79% of our spending in the general fund, almost 80 is salaries and benefits"—and that one-time summer purchases (for example, Chromebook payments) drove materials-and-supplies costs higher in that month.
Waller noted the August state apportionment helps district cash flow and reported enrollment as of Oct. 6 was slightly up from last year, which supports funding. He cautioned trustees about a state legislative-service-office projection indicating a possible statewide budget shortfall, saying it could make the coming legislative session a "pretty thin" one for education funding and that the board should monitor developments.
