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Business office projects roughly $200,000 draw from fund balance; revenues ~ $20 million
Summary
The district business officer reported a revised outlook for the general fund, saying the district expects to draw about $200,000 from fund balance (improved from an earlier $345,000 projection) and that next year's revenues are roughly $20,000,000, about $1,000,000 lower due to prior one‑time transfers.
District business leadership provided a fiscal update ahead of the budget adoption scheduled for the next board meeting. The business officer said this year's projections have improved and that she expects the district will draw “about 200000 from fund balance,” down from an earlier projection of about $345,000.
The officer explained the numbers in context: a 1% variance on a roughly $20,000,000 budget is approximately $200,000, which frames how small changes affect fund balance. She said revenues for next year are about $20,000,000 (roughly $1,000,000 less than the current year because of a one‑time transfer), and early expense projections put revenue and expense near $20,000,004 and $20,000,009 respectively, amounting to an anticipated draw of under $500,000 across the budget cycle if current assumptions hold. The officer also noted insurance costs rose about 2.9 percent and listed planned staffing adjustments, including an additional para‑pro for special education and a few schedule B positions pending contract negotiations.
Board members were told the board will finalize the budget on the 23rd and will have opportunities to amend later if needed; the business officer emphasized the district is managing the known unknowns (final student counts, negotiated schedules) up to the adoption date.
