Monthly Financial
Report
April 30, 2025
FISCAL YEAR 2025
DeKalb County School District
Byron Schueneman, Chief Financial Officer
Page 1
Table of Contents
KEY PERFORMANCE INDICATORS 3
BALANCE SHEET 7
STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES 8
SRECFB - BUDGET TO ACTUAL 9
Page 2
Key Performance Indicators
General Fund Revenues
GF Revenue - Budget to Actual
$1,800,000,000
$1,423,040,000
$1,600,000,000
$1,400,000,000
$1,200,000,000 $1,394,870,724
$1,000,000,000
$800,000,000
$600,000,000
$400,000,000
$200,000,000
$-
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Budget Actual
Amount Collected Percentage of Budget
Actual $1.39B 89.7%
Benchmark $1.42B 91.9%
Difference -$28M -2.2%
Revenue Mix
2.08% State $560M 78.93%
31.71%
Local $956M 96.59%
66.22%
Other $38M 76.87%
State Local Other Received Remaining
Page 3
General Fund Expenses
GF Expense - Budget to Actual
$1,800,000,000.00
$1,600,000,000.00
$1,307,894,633.00
$1,400,000,000.00 $1,339,128,469.65
$1,200,000,000.00
$1,000,000,000.00
$800,000,000.00
$600,000,000.00
$400,000,000.00
$200,000,000.00
$-
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Budget Actual
Amount Spent Percentage of Budget
Actual + Transfer Out $1.31B 79.2%
Benchmark $1.34B 81.3%
Difference $31.3M 2.1%
Page 4
GF Budget Utilization by Function
Instruction 84.1%
Pupil Services 86.7%
Improvement of Instructional Services 60.5%
Instructional Staff Training 17.8%
Educational Media Services 93.1%
Federal Grant Administration
General Administration 64.6%
School Administration 103.1%
Support Services - Business 76.1%
Maintenance and Operations 62.3%
School Safety and Security
Student Transportation Service 61.8%
Support Services - Central 74.4%
Other Support Services 1.0%
School Nutrition Program 0.0%
Enterprise Operations 111.9%
Capital Outlay
Expended
Significant Functions Amount Spent Percentage of Total Spend
Instruction $737.8M 59.0%
M&O $152.6M 12.2%
Pupil Services $77.5M 6.2%
All Other Functions,
22.6%
Pupil Services, 6.2% Instruction, 59.0%
Maintenance And
Operation, 12.2%
Page 5
Fund Balance
Fund Balance - FY24 to FY25
60%
50%
38.7%
40%
37.7%
30%
20%
10%
0%
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Assigned Reserve FY2024 FY2025
FY25 Fund Balance FY25 % FY24%
Nonspendable $1.0M
Committed (15%) $240.5M 15.0% 15.0%
Unassigned $362.6 22.7% 23.7%
Total $604.1M 37.7% 38.7%
Page 6
DEKALB COUNTY BOARD OF EDUCATION
Balance Sheet
Governmental Funds
April 30, 2025
CAPITAL PROJECTS SCHOOL NUTRITION NONMAJOR TOTAL GOVERNMENTAL
GENERAL FUND FUND DEBT SERVICE FUND FUND GOVERNMENTAL FUNDS FUNDS
Assets
Cash and Cash Equivalents $ 732,788,700 $ 657,266,244 $ ‐ $ 28,526,616 $ (1,624,789) $ 1,416,956,772
Receivable, Net
State Government 61,645,818 ‐ ‐ ‐ 1,536,582 63,182,400
Federal Government 1,716,360 ‐ ‐ 210,554 21,466,349 23,393,263
Local ‐ ‐ ‐ ‐ 3,143 3,143
Other 13,251 ‐ ‐ 14,637 5,700 33,588
Inventories 1,017,939 ‐ ‐ 570,724 ‐ 1,588,664
Total assets and deferred outflows of resources $ 797,182,068 $ 657,266,244 $ ‐ $ 29,322,532 $ 21,386,985 $ 1,505,157,829
Liabilities
Accounts Payable $ 8,241,899 $ 3,739,704 $ ‐ $ 346,820 $ 896,419 $ 13,224,843
Salaries & Benefits Payable 129,187,860 ‐ ‐ 392,394 48,167 129,628,421
Payroll Withholdings Payable 55,631,900 ‐ ‐ ‐ ‐ 55,631,900
Total liabilities 193,061,659 3,739,704 ‐ 739,215 944,586 198,485,163
Total liabilities and deferred inflows of resources 193,061,659 3,739,704 ‐ 739,215 944,586 198,485,163
FUND BALANCES
Nonspendable
Inventories $ 1,017,939 $ ‐ $ ‐ $ 570,724 $ ‐ $ 1,588,664
Restricted
Capital Projects ‐ 610,665,132 ‐ ‐ ‐ 610,665,132
Continuation of Grant Programs ‐ ‐ ‐ 28,012,593 12,070,473 40,083,066
Committed
Reserve 240,466,839 ‐ ‐ ‐ ‐ 240,466,839
Assigned
Capital Projects ‐ 42,861,408 ‐ ‐ ‐ 42,861,408
Student Activity Accounts ‐ ‐ ‐ ‐ 8,371,925 8,371,925
Unassigned
362,635,632 ‐ ‐ ‐ ‐ 362,635,632
Total fund balances 604,120,410 653,526,540 ‐ 28,583,317 20,442,399 1,306,672,666
Total Liabilities, Deferred Inflows
of Resources, and Fund Balances $ 797,182,068 $ 657,266,245 $ ‐ $ 29,322,532 $ 21,386,985 $ 1,505,157,829
The notes to financial statements are an integral part of this statement.
Page 7
DEKALB COUNTY BOARD OF EDUCATION
Statement of Revenues, Expenditures and Changes in Fund Balances
Governmental Funds
For the Period Ended April 30, 2025
TOTAL
CAPITAL PROJECTS SCHOOL NUTRITION NONMAJOR GOVERNMENTAL
GENERAL FUND FUND DEBT SERVICE FUND FUND GOVERNMENTAL FUND FUNDS
REVENUES
Property Taxes $ 923,617,170 $ - $ - $ - $ - $ 923,617,170
Sales Taxes 5,047,110 116,443,710 - - - 121,490,820
State Funds 442,251,690 - - 1,322,312 24,715,943 468,289,945
Federal Funds - - - 46,904,338 153,860,886 200,765,224
Charges for Services 999,865 - - 498,606 4,682,228 6,180,699
Investment Earnings 21,513,465 24,209,679 - - 12,541 45,735,685
Miscellaneous 1,441,424 340,058 - 1,461,897 10,605,654 13,849,033
Total revenues 1,394,870,724 140,993,446 - 50,187,153 193,877,252 1,779,928,575
EXPENDITURES
Current
Instruction 737,791,650 3,211,482 - - 96,014,334 837,017,466
Pupil Services 77,530,510 - - - 25,003,707 102,534,217
Improvement of Instructional Services 15,172,516 8,343,456 - - 2,622,114 26,138,086
Instructional Staff Training 191,022 - - - 22,933,337 23,124,359
Educational Media Services 16,866,566 - - - 437,820 17,304,386
Federal Grant Administration - - - - 3,685,417 3,685,417
General Administration 49,465,882 - - - 1,696,663 51,162,545
School Administration 74,028,836 - - - 1,774,772 75,803,608
Support Services - Business 17,697,287 - - 27,178 454,500 18,178,965
Maintenance And Operation 152,632,538 1,428,060 - - 6,262,365 160,322,963
School Safety And Security 2,029,601 - - - 1,527,723 3,557,324
Student Transportation Service 63,016,830 2,075,795 - - 2,231,091 67,323,716
Support Services - Central 42,554,504 2,625,318 - - 1,262,876 46,442,699
Other Support Services 12,316 - - - 420,088 432,404
School Nutrition Program - - - 50,386,137 1,190,292 51,576,429
Enterprise Operations 864,223 - - - 2,732,147 3,596,370
Capital Outlays
Facilities Acquistion & Construction - 144,471,733 - - 20,012,107 164,483,840
Total expenditures 1,249,854,280 162,155,844 - 50,413,315 190,261,355 1,652,684,793
Excess (deficiency) of revenues over expenditures 145,016,445 (21,162,397) - (226,162) 3,615,897 127,243,782
OTHER FINANCING SOURCES (USES)
Operating Transfers From Other Funds 25,708,382 54,986,031 - 464,659 3,396,834 84,555,906
Operating Transfers To Other Funds (58,042,724) - - - (26,513,183) (84,555,906)
Sale or Compensation for the Loss of Capital Assets 135,087 1,062,862 - - - 1,197,949
Total other financing sources (uses) (32,199,255) 56,048,893 - 464,659 (23,116,348) 1,197,949
Net change in fund balances 112,817,190 34,886,495 - 238,496 (19,500,451) 128,441,730
Fund balances - beginning 491,303,220 618,640,045 - 28,344,821 39,942,850 1,178,230,936
Fund balances - ending $ 604,120,410 $ 653,526,540 $ - $ 28,583,317 $ 20,442,399 $ 1,306,672,666
The notes to financial statements are an integral part of this statement.
Page 8
DEKALB COUNTY BOARD OF EDUCATION
Schedule of Revenues, Expenditures and Changes in Fund Balances ‐ Budget and Actual
All major fund types
For the Year‐to‐Date as of April 30, 2025
With Comparative Totals for June 30, 2024
GENERAL FUND
Variance with Final
Orig Budget Final Budget Actual 2025 Budget Actual 2024
REVENUES
Property Taxes $ 956,268,398 $ 956,268,398 $ 923,617,170 $ (32,651,229) $ 889,255,821
Sales Taxes 6,500,000 6,500,000 5,047,110 (1,452,890) 8,791,707
State Funds 559,830,156 556,349,715 442,251,690 (114,098,025) 543,579,132
Federal Funds ‐ 8,725,000 ‐ (8,725,000) 6,147,132
Charges for Services 775,000 775,000 999,865 224,865 1,149,597
Investment Earnings 15,000,000 15,000,000 21,513,465 6,513,465 23,475,344
Miscellaneous 6,730,000 6,730,000 1,441,424 (5,288,576) 8,241,453
Operating Transfers From Other Funds ‐ ‐ ‐ ‐ 2,048,024
Sale or Compensation for the Loss of Capital Assets ‐ ‐ ‐ ‐ 214,735
Other Source ‐ ‐ ‐ ‐ (2,728)
Total revenues 1,545,103,554 1,550,348,113 1,394,870,724 (155,477,389) 1,482,900,217
EXPENDITURES
Current
Instruction 881,236,747 877,762,458 737,791,650 139,970,808 837,200,925
Pupil Services 93,144,658 89,393,240 77,530,510 11,862,731 82,513,368
Improvement of Instructional Services 23,419,032 25,074,910 15,172,516 9,902,395 15,399,776
Instructional Staff Training 659,975 1,074,968 191,022 883,946 228,132
Educational Media Services 16,287,855 18,124,378 16,866,566 1,257,812 17,317,681
Federal Grant Administration ‐ ‐ ‐ ‐ 24,693
General Administration 63,618,909 76,613,681 49,465,882 27,147,799 46,581,376
School Administration 71,833,296 71,828,920 74,028,836 (2,199,915) 81,839,359
Support Services ‐ Business 21,718,627 23,251,288 17,697,287 5,554,001 16,495,984
Maintenance And Operation 261,530,763 244,930,938 152,632,538 92,298,400 156,124,109
School Safety And Security ‐ ‐ 2,029,601 (2,029,601) 1,432
Student Transportation Service 95,740,171 101,940,206 63,016,830 38,923,376 73,161,729
Support Services ‐ Central 43,721,315 57,234,250 42,554,504 14,679,745 32,867,579
Other Support Services 1,492,693 1,291,299 12,316 1,278,983 1,327,295
School Nutrition Program 351,273 351,273 ‐ 351,273 324,927
Enterprise Operations 1,502,100 772,100 864,223 (92,123) 549,586
Facilities Acquistion & Construction ‐ ‐ ‐ ‐ ‐
Other Outlays ‐ ‐ ‐ ‐ 17,132,215
Debt Service ‐ ‐ ‐ ‐ ‐
UNDEFINED ‐ ‐ ‐ ‐ ‐
Total current 1,576,257,415 1,589,643,911 1,249,854,280 339,789,632 1,379,090,165
Total expenditures 1,576,257,415 1,589,643,911 1,249,854,280 339,789,632 1,379,090,165
Excess (deficiency) of revenues over
expenditures (31,153,861) (39,295,798) 145,016,445 184,312,243 103,810,052
OTHER FINANCING SOURCES (USES)
Operating Transfers From Other Funds ‐ ‐ 25,708,382 25,708,382 ‐
Operating Transfers To Other Funds (26,854,843) (61,840,874) (58,042,724) 3,798,150 ‐
Sale or Compensation for the Loss of Capital Assets ‐ ‐ 135,087 135,087 ‐
Total other financing sources (uses) (26,854,843) (61,840,874) (32,199,255) 29,641,619 ‐
Net change in fund balances (58,008,704) (101,136,672) 112,817,190 213,953,862 103,810,052
Fund balances ‐ beginning, as previously reported 491,303,220 491,303,220 491,303,220 ‐ 387,493,167
YEC Fund Clean‐up ‐ ‐ ‐ ‐ ‐
Fund balances ‐ beginning as restated 491,303,220 491,303,220 491,303,220 ‐ 387,493,167
Fund balance ‐ ending $ 433,294,516 $ 390,166,548 $ 604,120,410 $ 213,953,862 $ 491,303,220
The notes to financial statements are an integral part of this statement.
Page 9
DEKALB COUNTY BOARD OF EDUCATION
Schedule of Revenues, Expenditures and Changes in Fund Balances ‐ Budget and Actual
All major fund types
For the Year‐to‐Date as of April 30, 2025
With Comparative Totals for June 30, 2024
CAPITAL PROJECTS FUND
Variance with Final
Orig Budget Final Budget Actual 2025 Budget Actual 2024
REVENUES
Property Taxes $ ‐ $ ‐ $ ‐ $ ‐ $ ‐
Sales Taxes 429,000,000 429,000,000 116,443,710 (312,556,290) 150,986,248
State Funds ‐ ‐ ‐ ‐ 1,117,376
Federal Funds ‐ ‐ ‐ ‐ ‐
Charges for Services ‐ ‐ ‐ ‐ ‐
Investment Earnings 2,800,000 2,800,000 24,209,679 21,409,679 29,584,457
Miscellaneous ‐ ‐ 340,058 340,058 433,945
Operating Transfers From Other Funds ‐ ‐ ‐ ‐ 178,811,066
Sale or Compensation for the Loss of Capital Assets ‐ ‐ ‐ ‐ ‐
Other Source ‐ ‐ ‐ ‐ ‐
Total revenues 431,800,000 431,800,000 140,993,446 (290,806,554) 360,933,092
EXPENDITURES
Current
Instruction ‐ 58,994,734 3,211,482 55,783,253 1,037,108
Pupil Services ‐ ‐ ‐ ‐ ‐
Improvement of Instructional Services ‐ 44,245,656 8,343,456 35,902,200 2,030,216
Instructional Staff Training ‐ ‐ ‐ ‐ ‐
Educational Media Services ‐ ‐ ‐ ‐ ‐
Federal Grant Administration ‐ ‐ ‐ ‐ ‐
General Administration ‐ ‐ ‐ ‐ ‐
School Administration ‐ ‐ ‐ ‐ ‐
Support Services ‐ Business ‐ ‐ ‐ ‐ ‐
Maintenance And Operation 10,045,882 10,993,914 1,428,060 9,565,854 782,736
School Safety And Security ‐ ‐ ‐ ‐ ‐
Student Transportation Service 1,000,000 9,271,568 2,075,795 7,195,773 ‐
Support Services ‐ Central 18,000,000 24,136,008 2,625,318 21,510,690 3,121,064
Other Support Services ‐ ‐ ‐ ‐ ‐
School Nutrition Program ‐ ‐ ‐ ‐ ‐
Enterprise Operations ‐ ‐ ‐ ‐ ‐
Facilities Acquistion & Construction 729,353,050 816,833,727 144,471,733 672,361,994 60,555,810
Other Outlays ‐ ‐ ‐ ‐ 178,763,461
Debt Service 5,572,080 6,006,646 ‐ 6,006,646 5,810,913
UNDEFINED ‐ ‐ ‐ ‐ ‐
Total current 763,971,012 970,482,253 162,155,844 808,326,409 252,101,308
Total expenditures 763,971,012 970,482,253 162,155,844 808,326,409 252,101,308
Excess (deficiency) of revenues over
expenditures (332,171,012) (538,682,253) (21,162,397) 517,519,856 108,831,784
OTHER FINANCING SOURCES (USES)
Operating Transfers From Other Funds ‐ 21,500,000 54,986,031 33,486,031 ‐
Operating Transfers To Other Funds (83,403,442) (83,403,442) ‐ 83,403,442 ‐
Sale or Compensation for the Loss of Capital Assets ‐ ‐ 1,062,862 1,062,862 ‐
Total other financing sources (uses) (83,403,442) (61,903,442) 56,048,893 117,952,335 ‐
Net change in fund balances (415,574,454) (600,585,695) 34,886,495 635,472,190 108,831,784
Fund balances ‐ beginning, as previously reported 618,640,045 618,640,045 618,640,045 ‐ 509,808,261
YEC Fund Clean‐up ‐ ‐ ‐ ‐ ‐
Fund balances ‐ beginning as restated 618,640,045 618,640,045 618,640,045 ‐ 509,808,261
Fund balance ‐ ending $ 203,065,591 $ 18,054,350 $ 653,526,540 $ 635,472,190 $ 618,640,045
The notes to financial statements are an integral part of this statement.
Page 10
DEKALB COUNTY BOARD OF EDUCATION
Schedule of Revenues, Expenditures and Changes in Fund Balances ‐ Budget and Actual
All major fund types
For the Year‐to‐Date as of April 30, 2025
With Comparative Totals for June 30, 2024
DEBT SERVICE FUND
Variance with Final
Orig Budget Final Budget Actual 2025 Budget Actual 2024
REVENUES
Property Taxes $ ‐ $ ‐ $ ‐ $ ‐ $ ‐
Sales Taxes ‐ ‐ ‐ ‐ ‐
State Funds ‐ ‐ ‐ ‐ ‐
Federal Funds ‐ ‐ ‐ ‐ ‐
Charges for Services ‐ ‐ ‐ ‐ ‐
Investment Earnings ‐ ‐ ‐ ‐ ‐
Miscellaneous ‐ ‐ ‐ ‐ ‐
Operating Transfers From Other Funds ‐ ‐ ‐ ‐ ‐
Sale or Compensation for the Loss of Capital Assets ‐ ‐ ‐ ‐ ‐
Other Source ‐ ‐ ‐ ‐ ‐
Total revenues ‐ ‐ ‐ ‐ ‐
EXPENDITURES
Current
Instruction ‐ ‐ ‐ ‐ ‐
Pupil Services ‐ ‐ ‐ ‐ ‐
Improvement of Instructional Services ‐ ‐ ‐ ‐ ‐
Instructional Staff Training ‐ ‐ ‐ ‐ ‐
Educational Media Services ‐ ‐ ‐ ‐ ‐
Federal Grant Administration ‐ ‐ ‐ ‐ ‐
General Administration ‐ ‐ ‐ ‐ ‐
School Administration ‐ ‐ ‐ ‐ ‐
Support Services ‐ Business ‐ ‐ ‐ ‐ ‐
Maintenance And Operation ‐ ‐ ‐ ‐ ‐
School Safety And Security ‐ ‐ ‐ ‐ ‐
Student Transportation Service ‐ ‐ ‐ ‐ ‐
Support Services ‐ Central ‐ ‐ ‐ ‐ ‐
Other Support Services ‐ ‐ ‐ ‐ ‐
School Nutrition Program ‐ ‐ ‐ ‐ ‐
Enterprise Operations ‐ ‐ ‐ ‐ ‐
Facilities Acquistion & Construction ‐ ‐ ‐ ‐ ‐
Other Outlays ‐ ‐ ‐ ‐ 47,605
Debt Service ‐ ‐ ‐ ‐ ‐
UNDEFINED ‐ ‐ ‐ ‐ ‐
Total current ‐ ‐ ‐ ‐ 47,605
Total expenditures ‐ ‐ ‐ ‐ 47,605
Excess (deficiency) of revenues over
expenditures ‐ ‐ ‐ ‐ (47,605)
OTHER FINANCING SOURCES (USES)
Operating Transfers From Other Funds ‐ ‐ ‐ ‐ ‐
Operating Transfers To Other Funds ‐ ‐ ‐ ‐ ‐
Sale or Compensation for the Loss of Capital Assets ‐ ‐ ‐ ‐ ‐
Total other financing sources (uses) ‐ ‐ ‐ ‐ ‐
Net change in fund balances ‐ ‐ ‐ ‐ (47,605)
Fund balances ‐ beginning, as previously reported ‐ ‐ ‐ ‐ 47,605
YEC Fund Clean‐up ‐ ‐ ‐ ‐ ‐
Fund balances ‐ beginning as restated ‐ ‐ ‐ ‐ 47,605
Fund balance ‐ ending $ ‐ $ ‐ $ ‐ $ ‐ $ ‐
The notes to financial statements are an integral part of this statement.
Page 11
DEKALB COUNTY BOARD OF EDUCATION
Schedule of Revenues, Expenditures and Changes in Fund Balances ‐ Budget and Actual
All major fund types
For the Year‐to‐Date as of April 30, 2025
With Comparative Totals for June 30, 2024
SCHOOL NUTRITION FUND
Variance with Final
Orig Budget Final Budget Actual 2025 Budget Actual 2024
REVENUES
Property Taxes $ ‐ $ ‐ $ ‐ $ ‐ $ ‐
Sales Taxes ‐ ‐ ‐ ‐ ‐
State Funds ‐ ‐ 1,322,312 1,322,312 1,366,046
Federal Funds (11,794,465) 16,805,190 46,904,338 30,099,148 57,563,523
Charges for Services (69,017,224) 69,017,224 498,606 (68,518,618) 707,431
Investment Earnings ‐ ‐ ‐ ‐ 129,540
Miscellaneous (557,046) 557,046 1,461,897 904,851 2,286,294
Operating Transfers From Other Funds ‐ ‐ ‐ ‐ ‐
Sale or Compensation for the Loss of Capital Assets ‐ ‐ ‐ ‐ ‐
Other Source ‐ ‐ ‐ ‐ ‐
Total revenues (81,368,735) 86,379,460 50,187,153 (36,192,308) 62,052,834
EXPENDITURES
Current
Instruction ‐ ‐ ‐ ‐ ‐
Pupil Services ‐ ‐ ‐ ‐ ‐
Improvement of Instructional Services ‐ ‐ ‐ ‐ ‐
Instructional Staff Training ‐ ‐ ‐ ‐ ‐
Educational Media Services ‐ ‐ ‐ ‐ ‐
Federal Grant Administration ‐ ‐ ‐ ‐ ‐
General Administration ‐ ‐ ‐ ‐ ‐
School Administration ‐ ‐ ‐ ‐ ‐
Support Services ‐ Business ‐ ‐ 27,178 (27,178) ‐
Maintenance And Operation ‐ ‐ ‐ ‐ ‐
School Safety And Security ‐ ‐ ‐ ‐ ‐
Student Transportation Service ‐ ‐ ‐ ‐ ‐
Support Services ‐ Central ‐ ‐ ‐ ‐ ‐
Other Support Services ‐ ‐ ‐ ‐ ‐
School Nutrition Program 84,549,894 89,560,619 50,386,137 39,174,482 62,299,432
Enterprise Operations ‐ ‐ ‐ ‐ ‐
Facilities Acquistion & Construction ‐ ‐ ‐ ‐ ‐
Other Outlays ‐ ‐ ‐ ‐ ‐
Debt Service ‐ ‐ ‐ ‐ ‐
UNDEFINED ‐ ‐ ‐ ‐ ‐
Total current 84,549,894 89,560,619 50,413,315 39,147,304 62,299,432
Total expenditures 84,549,894 89,560,619 50,413,315 39,147,304 62,299,432
Excess (deficiency) of revenues over
expenditures (165,918,629) (3,181,159) (226,162) 2,954,996 (246,597)
OTHER FINANCING SOURCES (USES)
Operating Transfers From Other Funds ‐ ‐ 464,659 464,659 ‐
Operating Transfers To Other Funds ‐ ‐ ‐ ‐ ‐
Sale or Compensation for the Loss of Capital Assets ‐ ‐ ‐ ‐ ‐
Total other financing sources (uses) ‐ ‐ 464,659 464,659 ‐
Net change in fund balances (165,918,629) (3,181,159) 238,496 3,419,655 (246,597)
Fund balances ‐ beginning, as previously reported 28,344,821 28,344,821 28,344,821 ‐ 28,591,418
YEC Fund Clean‐up ‐ ‐ ‐ ‐ ‐
Fund balances ‐ beginning as restated 28,344,821 28,344,821 28,344,821 ‐ 28,591,418
Fund balance ‐ ending $ (137,573,808) $ 25,163,662 $ 28,583,317 $ 3,419,655 $ 28,344,821
The notes to financial statements are an integral part of this statement.
Page 12
DEKALB COUNTY BOARD OF EDUCATION
Schedule of Revenues, Expenditures and Changes in Fund Balances ‐ Budget and Actual
All major fund types
For the Year‐to‐Date as of April 30, 2025
With Comparative Totals for June 30, 2024
NONMAJOR GOVERNMENTAL FUNDS
Variance with Final
Orig Budget Final Budget Actual 2025 Budget Actual 2024
REVENUES
Property Taxes $ ‐ $ ‐ $ ‐ $ ‐ $ ‐
Sales Taxes ‐ ‐ ‐ ‐ ‐
State Funds ‐ 33,446,594 24,715,943 (8,730,651) 17,612,162
Federal Funds 347,152,928 677,709,492 153,860,886 (523,848,606) 208,965,796
Charges for Services ‐ ‐ 4,682,228 4,682,228 1,047,733
Investment Earnings ‐ ‐ 12,541 12,541 16,265
Miscellaneous 217,466 7,434,722 10,605,654 3,170,932 30,492,239
Operating Transfers From Other Funds ‐ ‐ ‐ ‐ 17,862,011
Sale or Compensation for the Loss of Capital Assets ‐ ‐ ‐ ‐ ‐
Other Source ‐ ‐ ‐ ‐ ‐
Total revenues 347,370,394 718,590,808 193,877,252 (524,713,556) 275,996,206
EXPENDITURES
Current
Instruction 72,727,101 261,870,256 96,014,334 165,855,922 122,169,333
Pupil Services 29,936,584 76,099,691 25,003,707 51,095,984 33,215,100
Improvement of Instructional Services 26,168,876 9,554,687 2,622,114 6,932,573 2,221,016
Instructional Staff Training 28,674,158 52,840,963 22,933,337 29,907,626 29,270,424
Educational Media Services 2,874,200 215,337 437,820 (222,483) 346,123
Federal Grant Administration (4,405,990) 8,876,090 3,685,417 5,190,673 4,603,737
General Administration 51,356,965 45,596,245 1,696,663 43,899,581 8,069,228
School Administration 27,758,634 8,853,107 1,774,772 7,078,335 3,794,076
Support Services ‐ Business 26,109,645 854,721 454,500 400,221 772,535
Maintenance And Operation 75,326,490 47,815,152 6,262,365 41,552,787 6,705,646
School Safety And Security ‐ 6,220,368 1,527,723 4,692,645 ‐
Student Transportation Service 27,445,095 42,220,830 2,231,091 39,989,739 6,921,163
Support Services ‐ Central 80,181,515 18,963,196 1,262,876 17,700,320 2,387,066
Other Support Services ‐ 429,787 420,088 9,699 467,791
School Nutrition Program 53,744,641 6,347,385 1,190,292 5,157,093 1,644,960
Enterprise Operations 4,354,000 4,419,500 2,732,147 1,687,353 5,678,161
Facilities Acquistion & Construction 158,786,775 89,803,056 20,012,107 69,790,949 20,155,071
Other Outlays ‐ ‐ ‐ ‐ 2,778,469
Debt Service ‐ ‐ ‐ ‐ ‐
UNDEFINED ‐ (613,087) ‐ (613,087) ‐
Total current 661,038,688 680,367,285 190,261,355 490,105,930 251,199,898
Total expenditures 661,038,688 680,367,285 190,261,355 490,105,930 251,199,898
Excess (deficiency) of revenues over
expenditures (313,668,295) 38,223,523 3,615,897 (34,607,626) 24,796,308
OTHER FINANCING SOURCES (USES)
Operating Transfers From Other Funds (4,424,000) 4,676,221 3,396,834 (1,279,387) ‐
Operating Transfers To Other Funds ‐ (633,100) (26,513,183) (25,880,083) ‐
Sale or Compensation for the Loss of Capital Assets ‐ ‐ ‐ ‐ ‐
Total other financing sources (uses) (4,424,000) 4,043,121 (23,116,348) (27,159,470) ‐
Net change in fund balances (318,092,295) 42,266,645 (19,500,451) (61,767,096) 24,796,308
Fund balances ‐ beginning, as previously reported 39,942,850 39,942,850 39,942,850 ‐ 18,907,407
YEC Fund Clean‐up ‐ ‐ ‐ ‐ ‐
Fund balances ‐ beginning as restated 39,942,850 39,942,850 39,942,850 ‐ 18,907,407
Fund balance ‐ ending $ (278,149,445) $ 82,209,495 $ 20,442,399 $ (61,767,096) $ 43,703,715
The notes to financial statements are an integral part of this statement.
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