Review Agenda Item
Meeting Date: 11/18/2024 - 6:00 PM
Category: Business-Related Reports
Type: Info
Subject: Food Service Interim Budget Report
District Goals:
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
Policy:
Enclosure The attached document shows the 2024-2025 Food Service Fund (50) budget and activity through September 30, 2024.
File Attachment:
Interim Budget Report (Food Service) 9.24.pdf
Summary: At the end of September, the food service fund has a net loss of $14,365. To help reduce hunger and support student achievement, the Board will provide free breakfast to all students for the entire 2024-2025 school year.
Budgetary Impact: The Board is using fund balance to provide free breakfast to all students. As a result of covering the costs of these free meals, the food service fund is projected to operate at a deficit for the year.
Recommendation:
Approvals:
Recommended By:
Signed By:
Jonah Adams - Business Manager
Signed By:
Mary Whitrock (SUPT) - Superintendent