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Board hears FY25 finance update; Evidence-Based Funding tops $12.5 million
Summary
Assistant Superintendent Eric Diehl reported more than $12.5 million in Evidence-Based Funding (an 11% increase) and noted reductions to Teacher Vacancy Grant funding; the board approved monthly financials and payment of bills.
Assistant Superintendent of Finance and Operations Eric Diehl presented financial highlights at the Aug. 20 meeting, reporting that the district will receive more than $12.5 million in Evidence-Based Funding for the coming year, a roughly 11% increase from the prior year. Diehl also said the Teacher Vacancy Grant funding fell about 33% this year and that those grant dollars had been used for sign-on and retention bonuses.
The board reviewed monthly reports showing salary totals (June $1,047,473.78; July $1,016,920.50) and attorney fees (June $6,253.35; July $3,573.75) before voting to approve payment of bills. The payment-of-bills motion was moved by Karen Turner, seconded by Jill Raymond, and carried 6-0.
