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Meeting Date:
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10/21/2024 - 6:00 PM
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Category:
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Business-Related Reports
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Type:
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Info
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Subject:
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Food Service 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 Food Service Fund (50) budget and activity through August 31, 2024.
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File Attachment:
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Summary:
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At the end of August, the food service fund has a net loss of $6,249. To help reduce hunger and support student achievement, the Board will provide free breakfast to all students for the entire 2024-2025 school year.
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Budgetary Impact:
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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.
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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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