Citizen Portal
Sign In

District finance reports midyear budget update; student activities fund balance near $780,000

2101714 · January 11, 2025

Get AI-powered insights, summaries, and transcripts

Subscribe
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Finance staff presented a midyear budget update showing maintenance and operations percentages, a capital budget figure and a student activities fund ending cash balance of $780,136.76; presenters noted the district is about halfway through the school year.

Brenda Guerra of the district finance team presented the monthly budget update during the Jan. 8 Yuma Union High School District board meeting, reporting that the district is about halfway through the school year and outlining maintenance-and-operations and capital expenditures.

Guerra told the board the capital budget was presented in the packet with a budgeted amount said in the meeting as "$14,000,000 for 197,182" and that roughly 43% of that budget — recorded in the meeting as $6,220,215 — had been spent. Guerra also reviewed the maintenance-and-operations breakdown by department and school budgets.

The monthly student activities fund report shows an ending cash balance of $780,136.76 and a year-to-date net (revenues minus expenditures) balance of $65,515.80, Guerra said. She closed the report and fielded no substantive questions from the board.