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CFO: March spending tracking to budget; district to expand K–8 curriculum adoption
Summary
CFO Brian Wallace reported March revenues were light but year‑to‑date expenditures are tracking consistently to budget; he noted an upcoming large supplemental levy and said the district will expand a previously announced K–6 curriculum adoption to K–8.
CFO Brian Wallace briefed the board on the district’s March finances, saying March is typically light for revenues and the district’s year‑to‑date expenditures remain consistent with budgeted expectations (year‑to‑date expenditure percentages cited in the presentation). Wallace reported roughly $3.5 million in salary and benefits in the grants fund and said enrollment was stable—up one year‑over‑year but down five students from the prior month.
Wallace also noted an expansion of a curriculum adoption from K–6 to K–8 and said the district’s preliminary cost for the adoption is well below typical district averages (he cited that similar adoptions can be around $1,000,000 but said the district’s adoption cost was significantly lower). He urged the board that maintaining a healthy fund balance helps absorb seasonal revenue variations and said no immediate budget changes were proposed at this time.
