Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Budget topic
No spam. Unsubscribe anytime.
Board reviews July–Sept budget-to-actuals; district projects a $2.7M unassigned general fund balance
Summary
Finance staff presented July–September 2024 budget-to-actual reports across funds. The packet shows a total General Fund budget of $25.6 million and projects an ending unassigned General Fund balance of about $2.7 million (approximately 9.5% of annual budget).
Business staff presented the district’s July–September 2024 budget-to-actuals and year-end notes. The packet lists the General Fund total budget as $25,606,061 and shows year-to-date expenditures and revenue variances; staff attributed revenue increases to slightly higher ADM and state aid, higher interest income, and some one-time reimbursements. The district reported projected unassigned general fund balances around $2.7 million (roughly 9.5% of the annual budget), which the superintendent said is within board policy targets.
The presentation broke down program-level results (regular instruction, special education, sites/buildings, food service and transportation) and explained notable variances: food service revenue up with higher meal sales and commodity distributions, capital fund timing and e-rate reimbursements, and transportation contract timing. Staff noted certain line items (curriculum costs, capital projects) will be spread over multi-year periods.
