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Meeting Date:
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Category:
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Type:
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Subject:
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General Fund Interim Budget Report |
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District Goals:
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Objective #6: Finance & Operations Address ongoing financial challenges by re-examining system processes for efficiencies that can drive resources into our core purpose of student learning.
* Fund Balance and Bond Rating
* Balanced Budget
* Efficient Operations
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Enclosure:
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The attached document shows the 2024-2025 General Fund (10) budget and activity through December 31, 2024, compared to the previous two years. |
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File Attachment:
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Summary:
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As of December, revenues reached 27% of the projected total for the school year, an increase from 24% at the same point last year. Expenses were at 36% of the year-end budget projection, the same as this point last year.
Special Note: The District plans to right-size its staffing in response to the expiration of federal ESSER III grant funds, which requires reducing seven positions for the 2025-2026 school year. It is anticipated that most staff affected by these reductions will have opportunities to transition into open roles created by expected retirements and resignations. |
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Budgetary Impact:
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The summary reflects the actual budget activity compared to the previous two years and compared to the budget plan. |
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Recommendation
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Approvals:
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Recommended By: |
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Signed By: |
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Jonah Adams - Business Manager |
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Signed By: |
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Mary Whitrock (SUPT) - Superintendent |
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