To: Asha Riley, Superintendent
From: Stacy Brown, Director of Business Services
Date: September 22, 2026
Subject: August Financial/September Enrollment
Financial Update
I have attached the August Budget Status reports. These reports represent the revenues and expenditures through 8/31/26 (including any expenditures paid in September that belong in the 25-26 fiscal year). They do not include the year-end revenue accruals and the year-end entries. The report shows expenditures greater than revenues of $385,500. I expect this number to be smaller once all of the year-end entries are entered. I project the utilization of the fund balance to be closer to $240,000. The year-end report (which includes August) will be presented in November.
I attached the enrollment reports for September. The September FTE count is 2.73 below budget. Deena has enrolled more students since the September count date, and I expect the October count to be 6 or more above budget. This is great news compared to the situation we were in with enrollment last year, as the basic education enrollment affects so much of our revenue. I included the Special Education numbers; however, the average calculation for special education is October through May. Once we get everything updated with new students and current students, the numbers should improve.
Enrollment
I attached the enrollment reports for September. The September FTE count is 2.73 below budget. The headcount is 18 students greater than where we ended in June. Deena has enrolled more students since the September count date, and I expect the October count to be 6 or more greater than budget. As I shared above, I included the Special Education numbers; however, the average calculation for special education is October through May. Once we get everything updated with new students and current students, the numbers should look much better.
Attached Documents:
Please let me know if you have any questions!