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Finance committee reviews audited 2023–24 budget, notes increase in fund balance
Summary
The Princeton Public School District Finance Committee reviewed audited 2023–24 figures and reported an increase in the district's total fund balance, a signal of improved fiscal position for that year.
The Princeton Public School District Finance Committee reviewed the audited 2023–2024 budget and noted an increase in the district's total fund balance compared with the prior year. The committee treated the audit as a baseline for 2025 budget discussions.
Committee members discussed how the audited surplus affects reserves and short-term planning but did not adopt any immediate policy changes during the meeting. The committee took the audit review as informational for later budget deliberations.
