The Houston County Board of Education on June 10 approved Amendment No. 1 to the fiscal year 2025 budget to align the adopted plan with updated revenue and expenditure projections and accepted the April financial report and preliminary May figures.

Miss Morris summarized the amendment, saying the general fund shows an increase in revenue of $2,853,170 and a decrease in expenditures of $1,821,960; capital projects were adjusted with an increase in revenues of $10,073,000 and a decrease in expenditures of $10,737,473, producing an overall increase in capital projects of $25,219,874. The board approved the amendment by motion, 6-0.

Morris also presented the district’s April financials: general fund assets of $166,000,948, liabilities of $52,552,000 and ending fund equity of $114,396,000; April revenues were $29,986,000 and expenditures $33,956,000. Preliminary May totals showed general fund assets of $162,550,000, liabilities of $55,834,000 and fund equity of $106,715,000, with May revenues of $28,618,000 and expenditures of $36,299,000.

The district reported ad valorem tax receipts to date of $71,190,000, representing 98.19% of the budgeted amount. Local option sales tax collections were $16,674,000 (2.47% over prior year) and the education special-purpose local option sales tax was $16,699,000 (2.63% over prior year). Title ad valorem receipts totaled $9,337,000, 2.65% above the same period last year.

Mr. Ivory moved to approve the FY2025 budget amendment and Mr. Jackson moved to approve the April financial report; both motions passed 6-0. Board members described the amendment as bookkeeping to ensure the budget accurately reflects expected receipts and expenditures.