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Business Manager: district finances show revenues above budget as fiscal year nears completion
Summary
The Business Manager reported that after most of the fiscal year the General Fund’s year-to-date revenue exceeds budget (104–106% depending on month) while YTD expenses are below budget, and the packet includes a detailed cash summary and voucher listings for July.
District financial reports presented to the board show the district operating with revenues higher than budgeted and expenses below budget-to-date. The July packet lists multiple summary lines: after 92% of the fiscal year General Fund YTD revenue was reported at 106% with YTD expense 92% (reported in the Aug. 11 packet), and after 83% of the fiscal year the June packet shows General Fund YTD revenue at 104% and YTD expense 84% (reported in the July packet). The Business Manager highlighted grants, federal desk review activity and an upcoming audit (Sept. 9–11).
The packet includes detailed fund-level ledgers and receipts: activity deposits, voucher lists for July (vendor payments and EFTs), and a cash-summary section showing beginning balances, revenues, expenditures and ending balances for each fund. The grand totals and per-fund details appear in the packet ledger; specific line items and vendor checks (e.g., large vendor payments listed under July vouchers) are recorded in the financial exhibits included with the meeting materials.
Board members approved the consent agenda motions that include these financial items (roll-call votes recorded 6–0) and asked administration to continue finalizing valuations and the budget after the federal desk review concludes and audit preparations finish in September.
