To: Asha Riley, Superintendent
From: Stacy Brown, Director of Business Services
Subject: August Financial Report/September Enrollment Report
Date: September 19, 2025
I attached the enrollment reports for September. On the headcount sheet, we compare September to the numbers we had in the previous June. This shows that we are actually 30 kids down from where we ended the year. It is spread over many of the grade levels, but the KG numbers show the largest difference. We are also up 14 kids at LRA and down 15 at TEAM.
The September FTE count is 87.18 below budget. This is a staggering number at this point in the year, and we are making staffing decisions on some positions, including late resignations and budgeted positions that have not yet been filled. Asha, Jake, and the Principals have been great with everyone leaning in to figure out how to manage what will be a large difference between budgeted and actual apportionment funds. Deena has enrolled a large number of kids since the September count date, and as of today, the FTE is 13 more than we had at the September count. There are still a few families that have picked up enrollment packets, but haven’t returned them. I am hopeful that kids continue to trickle in (although I’d rather it were a deluge). I did not include the Special Education numbers since the average calculation for special education is October through May. I will have numbers for these next month.
I have the August month-end entries complete and have run the August Budget Status reports. These reports represent the revenues and expenditures through 8/31/25. They do not include the year-end revenue and expenditure accruals and all of the year-end entries. In the General Fund, the report shows expenditures greater than revenues of $481,000. I expect this number to be smaller once all of the year-end entries are entered. I project the loss to fund balance to be closer to $400,000. The year-end report (which includes August) will be presented in November.
Please let me know if you have any questions!