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Hill City board approves revised 2024–25 budget showing $2.41M overall deficit after adjustments
Summary
The board approved a revised 2024–25 budget that lists total revised revenues of $6,304,004 and expenditures of $8,715,716, producing a reported difference of -$2,411,712; General Fund shows a $162,907 positive variance. The board passed the revision unanimously, 4–0 (two absent).
The Hill City Public School District school board voted March 24 to approve a revised 2024–2025 budget that reflects updated fund-level revenues and expenditures. The revised budget in the packet shows total revenues of $6,304,004 and total expenditures of $8,715,716, yielding a net deficit of $2,411,712 for the revised budget year.
Board materials break the revised budget down by fund: the General Fund shows revised revenues of $4,763,154 and expenditures of $4,600,247 (a listed surplus of $162,907). The Capital Expenditure and Building/Construction funds carry larger negative balances in the revised figures; the packet notes prior-year adjustments and potential increased revenue opportunities (LSGH tracking, Food Service sales, Early Childhood) to mitigate pressures. The motion to approve the revised budget was made by Joell Miranda and seconded by Sarah Kingsley and recorded as passed, 4–0 (Haley Wentz and Jay Zapzalka absent).
Board members noted that some prior-year accounting adjustments contribute to deficit figures and that certain projected increases in revenues are contingent on administrative actions. The district will implement the revised budget and reflect listed program and fund changes in its UFARS reporting and monthly financials.
