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District financials on track for September; first payroll month shows no red flags
Summary
The district reported September—its first full payroll month—showed revenues and expenditures aligned with projections; Director Daymond Monteith said, "At this point, no news is good news." A possible $200,000 shortfall was noted for monitoring.
The Klamath Falls City Schools business office reported stable finances for September, the district's first full payroll month of the fiscal year. Director of Operations Daymond Monteith told the board there were no major irregularities and that revenues and expenditures were tracking with projections.
Monteith explained that supply budgets are often front‑loaded to ensure materials are available at the start of the year and that payroll trends will balance over time. He noted an approximate $200,000 budgeted shortfall in early projections but described it as not concerning at this stage and subject to ongoing monitoring: "At this point, no news is good news," he said. The board thanked the business office for regular oversight and asked staff to return with updates if the shortfall persists into spring.
