District finance staff updated trustees on the 2024–25 financial picture during the June 17 meeting, noting higher year‑to‑date payroll and several budget shifts to cover major capital projects.

Why it matters: The district has reallocated funds and encumbered purchase orders to align with construction and program priorities; trustees asked for clarifications about specific footnotes and internal transfers.

Finance reported that actual payroll expenses for 2023–24 were at 2 percent and that actual payroll for 2024–25 has been incurred up to 9 percent as of the May financial snapshot presented in June. Staff said purchase orders have increased by $83,000,000 associated with the CTE high school and JROTC facilities; nearly $3,000,000 was moved from the land budget to cover additional costs for the CTE high school and JROTC, and the district’s remaining available funds were reported at 41 percent on the presented summary.

Board members asked for clarification about footnote 3, which references land expenses and transfers into the CTE high-school budget; staff said they would follow up to reconcile the footnote language and confirm the original land budget treatment. Staff said they place explanatory notes in the financial package as budgets change.

Trustees were reminded that certain projects (CTE center, JROTC, Austin Elementary) are driving encumbrances and purchase-order activity. Staff also noted that fine-arts instrument purchases are under way (more than 1,000 instruments ordered and about 64 percent of the budget expended) and that technology projects (PA/bell/clock cabling and surveillance camera installations) are partially complete.

What’s next: Finance staff will provide updated budget reconciliations and clarifications requested by trustees at an upcoming meeting and will continue to report monthly.