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Meeting Date:
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4/21/2025 - 6:00 PM
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Category:
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New Business
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Type:
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Action
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Subject:
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Consider Approval of Revised 2024-2025 Budget
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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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A notice of change in adopted budget and memo. are attached.
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File Attachment:
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Summary:
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Budgetary Impact:
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The Ripon Area School District has revised its 2024-2025 budget for Funds 10, 27, 39, and 50 to align revenues and expenditures more closely with year-end projections. Fund 10 and Fund 27 combined operating revenue and expenditures each increase by $34,274 to $26,230,123, driven by higher tuition revenue and state aid, offset by rises in curriculum and facilities expenses. The Debt Service Fund reflects reduced year-end debt due to extra principal payments. The Food Service Fund projects a $367,563 year-end balance, which is slightly higher than original projections.
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Recommendation:
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Approval
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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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Vote Results:
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| Original Motion | | Member Josh Rieder Moved, Member Gary Rodman seconded to approve the Original motion 'Approval'. Upon a Roll-Call Vote being taken, the vote was: Aye: 6 Nay: 0. | | The motion Carried 6 - 0 | | | | | David Scott | Yes | | Gary Rodman | Yes | | Josh Rieder | Yes | | Lori Machmueller | Yes | | Denise Martinez | Yes | | Katie Grady | Yes | |
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