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District finance update: revenues, reserves and slow enrollment dip
Summary
Administrators reported roughly $5.5 million in September revenues and $4.8 million in expenditures, cited a $65 million operating budget, and said brick‑and‑mortar enrollment was down about 25 students (actual 844) while online programs continue to grow.
A district administrator reviewed the financial snapshot for September and an enrollment update through November. The report noted roughly $5.5 million in revenues and $4.8 million in expenditures for the period; administrators said the district’s current adopted budget is about $65,000,000 and that undesignated and reserve funds are approximately $7.5 million (about 11% of the budget).
Administrators said brick‑and‑mortar headcount is down roughly 25 students (actual reported as 844), while the district’s online and homeschool‑plus programs are growing and approaching budgeted targets. The report framed the enrollment fluctuations in the context of national demographic trends (a continuing "baby bust") and increased student choice. "We have a $65,000,000 budget this year," an administrator said during the explanation, adding that investment earnings and carryover funds provide some discretionary capacity.
