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Fiscal director projects $2.03 million ending fund balance; supplemental budget hearing set for July 21
Summary
Fiscal Director Denise reported a projected ending fund balance of $2,029,423, said several projects were moved into 2025–26, and the board agreed to schedule a supplemental budget hearing for July 21 to open Fund 600 for paid-leave administration.
Denise, the district fiscal director, told the board the district is projecting an ending fund balance of $2,029,423 and that several projects originally planned for 2024–25 would be deferred into 2025–26. "We are going to end up with $2,029,423," she said.
Denise explained the district needs to open a new fund (Fund 600) to flow money to a third-party administrator for Oregon paid-family medical leave and recommended a supplemental budget process to do that before July payroll. The board agreed to advertise and hold a hearing and vote at 10:00 a.m. on July 21 to accommodate the timing and public-notice requirements. Denise flagged capital projects to be delayed into 2526, and identified planned work including a used maintenance truck, a ventilation installation at Winter Lakes High School for the dishwasher, and electrical work to connect a donated convection oven estimated "not to exceed 10,000."
