Treasurer reports general fund balance, per‑pupil costs and improved athletics revenue
Summary
The treasurer reported the district ended October with about $6.7 million in cash, the district’s report‑card per‑pupil expenditure is about $13,356, athletics revenue increased after home games, and food‑service reimbursements were delayed by a federal shutdown; the treasurer's consent agenda was approved by roll call.
The Board received the treasurer/CFO’s consent agenda and a financial update on Nov. 19. The treasurer said the general fund ended October with roughly $6.7 million in cash and noted an uptick in athletics receipts following home games at the new stadium, with athletics revenue surpassing prior years for October.
The treasurer cited the district's report‑card figure for per‑pupil spending: "we expend about 13,356 per student," and explained that the report‑card amount includes instructional and operational costs; the district’s instructional portion is lower (approximately $9,600 per student, the treasurer said). The treasurer also discussed how state funding formulas and the district’s transitional guarantee affect the per‑pupil funding the district receives.
Food‑service reimbursements were delayed earlier because of a federal government shutdown, the treasurer said, but one payment was received in October and additional reimbursements were expected in December. The board approved the treasurer’s consent agenda (minutes and donations) by roll‑call.
Board members asked routine clarifying questions and received an update that athletics and food‑service revenue patterns would continue to be monitored; no substantive budget reductions were proposed during this segment.
