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Board hears finance overview as district shows roughly $1.5M ending fund balance, below state's 5% early-warning threshold
Summary
District finance staff told the Monroe Public Schools board the district's projected 2025–26 ending general-fund balance is $1.5 million (about 2.3% of expenditures), placing the district near the state's early-warning threshold and prompting requests for more detailed midyear reporting.
Cassie, the district's finance presenter, reviewed the general-fund budget process and told the board the ending fund balance projected for 2025–26 is $1,500,000. "1,500,000 is about 2.3% of your expenditures," she said, noting the figure places the district inside the state's early-warning monitoring framework that flags districts with low fund balances.
Cassie explained the early-warning designation is based on data the district submits to the state—pupil counts, revenues, expenditures, fund balance and personnel reports—and that timing of revenues and expenditures makes midyear numbers hard to interpret. She said the district historically budgets conservatively and uses a midyear amendment to align estimates with fall pupil counts and finalized grant allocations. Board members asked for clearer comparisons and more context when high-dollar items come before the board so trustees can see whether a request was prebuilt into the budget or requires new allocations.
