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Preston Joint School District shows year-to-date revenue shortfall in general fund in April packet
Summary
District financial reports for April 2025 show general fund revenue of $19,568,307 and budgeted expenditures of $20,253,829, producing a year-to-date variance of $822,802.10 in the packet provided to the board.
The district's April 2025 financial packet included detailed fund-by-fund statements. The General Fund (M&O) line items list revenue at $19,568,307 and budgeted expenditures at $20,253,829; the packet shows a year-to-date variance of $822,802.10 on the revenue line.
The packet provides expanded balance-sheet detail including cash-in-bank accounts, state treasurer holdings, receivables and payables, and designated fund balances for multiple restricted funds (ESSER III, Title funds, Nutrition, Plant Facility, School Modernization). The School Modernization Facilities Fund shows a cash balance of $9,838,784.28 in the materials. The record presented to this report is a financial packet in the meeting materials; it lists figures but does not show a board motion or vote adopting new budget changes within the supplied pages.
