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Food service fund projects remain solvent despite small reimbursement cut; 2024 revenues near $18M
Summary
Food and nutrition director Jeff Ansarge reported the enterprise fund is self‑supporting, with 2024 revenue just under $18 million and a modest projected impact (~$85,000) from a reduction in state reimbursement rates beginning in FY28/29. The fund’s five‑year projection shows it can maintain target reserves with conservative cost management.
Jeff Ansarge reported on the food and nutrition enterprise fund and its five‑year outlook, emphasizing that the fund is self‑supporting and not reliant on the general fund. "In 2024, we had a revenue of just under 18,000,000, and expenditures of slightly over 17,000,000," he said, noting a fund balance increase of about $949,000 and a healthy reserve above the department’s 12% target.
Ansarge explained that a state reimbursement change (a drop from ~12.5¢ to 6.25¢) will reduce district revenue by roughly $85,000 beginning in a later biennium; because the department budgets conservatively for food costs, he said projections still show the fund maintaining a healthy balance across the five‑year outlook. The food service team will continue to monitor federal and state reimbursement and adjust assumptions as needed.
