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Business administrator: year-to-date budget shows major spending in salaries and capital outlay
Summary
Business administrator Jake presented March year-to-date totals, noting roughly $17 million in salaries, $7.7 million in benefits and higher-than-received capital spending that will draw on fund balance; he reported the capital outlay fund began the year near $13 million and cited a 4.1 allocation from the state for elementary additions.
Jake presented the district's year-to-date financial picture through the end of March and walked the board through major categories and fund activity. "For our salaries, we spent 17,000,000," he said, adding employee benefits at about 7.7 million, purchased services near 2.9 million, supplies and materials at about 3.5 million, equipment and property just under 6,000,000, and debt payments around 1,900,000. He reported the capital outlay fund began the year near 13,000,000 and that the state provided a 4.1 allocation for elementary additions; part of that will be expended this year and the remainder in the next fiscal year.
Board members asked clarifying questions about fund balances and timing of reimbursements. Jake cautioned that some funds (notably capital outlay and child nutrition) have spent more than revenues to date and that child nutrition typically lags because of reimbursements. The board accepted the budget report by motion. (Figures and fund labels were read aloud in the meeting; where the transcript omitted units or used shorthand, this article notes those values as reported by the district staff.)
