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Finance report: board reviews district revenues and approves FY25 annual financial report

Abingdon-Avon CUSD 276 Board of Education · April 16, 2026
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Summary

Business manager Kim Sherpi provided month‑to‑date and year‑to‑date revenue and expenditure figures and reported a SchoolCash implementation timeline; the board approved the FY25 annual financial report.

Kim Sherpi delivered the district's financial report and outlined revenues and expenditures through the reporting period. Sherpi reported month‑to‑date revenue of $57,842.51 and year‑to‑date revenue of $12,548,796.79; month‑to‑date expenditures were $1,297,138.81 and year‑to‑date expenditures were reported as $13,410,644.66. She also said bills approved on the consent agenda totaled $495,388.51 and updated the board that the SchoolCash rollout is targeting mid‑May with Booster Club training planned.

After reviewing the figures, trustees approved the FY25 annual financial report by motion. No substantive budget amendments were made during the meeting; follow up on SchoolCash training and rollout was noted as an administrative task.