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Leander ISD budget amendment #3 would raise FY25 expenditures by $3.08 million, increasing projected deficit
Summary
Budget Amendment #3 transfers rolled 2023–24 purchase orders and other adjustments into FY25 budgets, increasing General Fund expenditures by $3,027,753 and Child Nutrition rolled POs by $983,079; the packet shows the district's projected operating deficit increasing to –$15,078,105.
Leander ISD’s CFO Pete Pape presented FY25 Budget Amendment #3, which would realign FY25 budgets to carry forward 2023–24 rolled purchase orders and add new NIFA and program-level adjustments. The general operating funds (Funds 181, 197 and 199) show a combined expenditure increase totaling $3,027,753 driven primarily by $2,936,657 in rolled purchase orders in Fund 199, $84,385 to Fund 181 (NIFA start-up) and smaller increases in athletics and bus repairs. Child Nutrition Fund 240 shows $983,079 in rolled purchase orders.
The packet calculates that the amendments increase the overall operating deficit by $3,077,753, moving the projected excess/(deficiency) of revenues vs. expenditures to –$15,078,105 and reducing projected ending fund balances accordingly. Administration recommended board approval of the amendments; the materials include line-item tables and a sample motion but do not include a recorded vote.
