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Novi Community School District presents 2024–25 final budget; adoption set for June 12
Summary
District staff presented a final amendment to the 2024–25 General Fund budget, reporting $104.03 million in projected revenue, $103.99 million in appropriations and a projected June 30 fund balance of $15.54 million; the Board will consider adoption on June 12.
The Assistant Superintendent of Business and Operations presented the Novi Community School District’s 2024–25 Final Budget amendment and recommended the Final Budget Resolution be received "for information and discussion," with the resolution scheduled to return for Board adoption at the regular meeting on June 12, 2025.
Staff reported total projected revenue and incoming transfers for 2024–25 of $104,027,873, total appropriations of $103,992,079 and a projected fund balance as of June 30, 2025 of $15,537,953. The revenue mix shown in staff materials was roughly 29% local, 64% state, 2% federal and 5% incoming transfers and other.
The presentation noted revenue changes that affected the year: local increases driven by investment income, facility rentals and athletics; a state increase tied to a 3% ORS reimbursement (147g); and federal decreases tied to the elimination of one‑time ESSER funding (~$800,000) and an unused Filter First allocation (~$300,000). On the expenditure side, staff cited higher costs for services, supplies, utilities and labor as drivers of increased spending.
The draft General Appropriations Act resolution was presented as the mechanism to make the appropriations formal. Staff said the resolution will be brought to the Board for formal adoption on June 12, where the Board may vote to adopt the final appropriations language.
