To: Asha Riley, Superintendent
From: Stacy Brown, Director of Business Services
Date: June 18, 2026
Subject: May Financial/June Enrollment
Financial Update:
The month of May 2026 has closed. I have included the Budget Status Reports for all funds for the month of May.
Enrollment:
I have attached the Headcount and Average FTE enrollment reports for June.
June saw a decrease of 7.56 FTE from May, bringing the total June FTE to 2,221. The to-date average is 2,241.06 FTE, which is 89.94 below our budgeted 2,331.00 FTE. We are 6.12 below budget in the area of SPED 3-PK and 12.62 below budget at SPED 5-21.
This is the last count of the year, so our annual apportionment will be based on these final average FTE calculations. I have been using these numbers in my projections the past few months.
Attached Documents:
25-26 Budget Status Reports
Reports are attached for the month of May. I will provide updated projections after June is closed at the July meeting. Things are looking pretty good, as we have had some unexpected revenues come in, which will have a direct impact on the final fund balance.
June is the month that our fund balance dips to its lowest levels, but looking at the projections, the fund balance will be staying right around $700,000 and ending fund balance at almost $4,100,000.
Please let me know if you have any questions!