Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Budget topic
No spam. Unsubscribe anytime.
District projects $132,000 food‑service shortfall; staff say price changes close part of gap
Summary
Officials told the board that timing and an understated cost‑of‑goods calculation pushed a projected food‑service deficit to about $132,000 for the year; staff estimated the newly approved price increases could generate about $78,000 toward that gap.
District finance and food‑service staff reported a revised projection for the food‑service program, estimating a deficit of roughly $132,000 driven primarily by an understated cost of goods sold and invoice/inventory timing differences. Staff warned the board that prior presentations had understated June cost figures and that the June 2026 reconciliation would show higher costs.
A staff member explained the timing issue and the accounting correction: "we're really right now, we're projecting a deficit of about a $132,000," and attributed much of the change to the cost of goods sold being higher than previously reported. Board members noted the district had shown surpluses in prior years but said those one‑time COVID and other funds have diminished. Staff said the board’s approved price increases would generate an estimated $78,000 and that further adjustments or monitoring could be necessary as final numbers are closed in September.
The board discussed waiver eligibility and how the waiver is based on the 2024–25 year, not the most recently completed year; staff cautioned that continued deficits could affect future waiver eligibility and leave the program unable to rely on district general funds indefinitely.
