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Lostant CUSD 425 reports revenues near 99% of budget, board approves financial report
Summary
The district reported being 75% through the school year with total revenues at 98.47% and expenditures at 76.27%; the board approved the financial report and gave the superintendent limited spending authority ahead of FY26 budget adoption.
District financial data presented at the April 30 meeting showed the district 75% through the fiscal year with total revenues at 98.47% and expenditures at 76.27%. The minutes list fund‑level percentages (Education fund revenues 97.92%/expenditures 76.11%; Operation & Maintenance revenues 126.02%/expenditures 78.57%; Debt 100.89% revenues/93.66% expenditures; Transportation 70.41% revenues/69.30% expenditures).
The board approved the financial report on a roll‑call vote recorded as Yea: Ruff, Cooper, Lawless, Mertel. Later in the meeting the board gave the superintendent permission to spend between July 1 and the adoption of the FY26 budget (motion by Lawless, seconded by Cooper), again recorded with four yeas. The minutes do not specify dollar limits for the interim spending authority.
