Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Budget Enrollment topic
No spam. Unsubscribe anytime.
District reports cash position, enrollment trends and fleet replacements
Summary
The district reported a January apportionment adjustment that produced a temporary deficit on paper but said reserves remain healthy (about $9 million), enrollment is stable-to-growing in some programs, and the district will replace two fleet vehicles.
The board reviewed the financial report for January and heard district staff explain a temporary deficit driven by an apportionment adjustment; staff said the district still meets its minimum fund balance and expects cash on hand to increase later in the year.
"For net cash and investments in the county treasurer, we're at 14% of our 60‑some million dollar budget at, little over 9,000,000," a staff presenter said while reviewing the packet (SEG 1467–1473). Staff projected an increase in on‑hand cash as enrollment drives apportionment receipts later in the fiscal year and said the district met required minimum fund balances.
On enrollment, staff reported brick‑and‑mortar averages near 846 and modest month‑over‑month increases in some programs, while Homeschool Plus remains full with a waiting list (SEG 1516–1542). The board also approved replacement of the fleet with two Tahoes for travel and safety reasons; staff said the vehicles will be primarily used for travel by staff and coaches (SEG 1494–1509).
No budget amendment or supplemental appropriation was proposed; staff said they will return updated monthly figures in February and monitor impacts if the pending state bill affecting ALE funding advances.
