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District projects $3.8M year-end fund balance; issues intent to award Sodexo for food service
Summary
Business staff told the board the projected ending fund balance for June 30, 2026, is $3,799,271; the district expects two Secure Rural Schools payments of about $164,000 each and issued an Intent to Award for food service to Sodexo America, LLC.
Shy Chapman, presenting the district revenue and expenditure report through April 30, said the projected ending fund balance for the fiscal year ending June 30, 2026, is $3,799,271. Chapman told the board the estimate includes the expected final State School Fund reconciliation payment and two Secure Rural Schools (Federal Forest Fees) payments—one retroactive (FY 2024–25) and one for FY 2025–26—each budgeted at approximately $164,000 based on prior receipts.
Chapman also updated the board on the district’s Food Service Management Company RFP: the selection process is complete and the district released an 'Intent to Award' in favor of Sodexo America, LLC. The board did not take a separate vote recorded in the excerpt to finalize a contract during this meeting; the transcript records the intent-to-award announcement as part of the financial report.
Board members were given the financial projections for budgeting purposes and the reported intent to award will inform upcoming contracting and operational steps for next school year meal services.
