Monthly Financial
Report
June 30, 2025 - Preliminary
FISCAL YEAR 2025
DeKalb County School District
Byron Schueneman, Chief Financial Officer
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
Key Performance Indicators
General Fund Revenues
GF Revenue - Budget to Actual
$1,800,000,000
$1,545,103,554
$1,600,000,000
$1,400,000,000
$1,200,000,000 $1,531,047,266
$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 $1.531B 98.5%
Benchmark $1.545B 100%
Difference -$14M -1.5%
Revenue Mix
2.26% State $560M 99.80%
36.52%
Local $956M 98.02%
61.22%
Other $38M 91.56%
State Local Other Received Remaining
General Fund Expenses
GF Expense - Budget to Actual
$1,607,913,972.00
$1,800,000,000.00
$1,646,119,130.29
$1,600,000,000.00
$1,400,000,000.00
$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 $1.61B 97.3%
Benchmark $1.65B 100%
Difference $38.2M 2.7%
GF Budget Utilization by Function
Instruction 107.2%
Pupil Services 103.6%
Improvement of Instructional Services 84.8%
Instructional Staff Training 22.8%
Educational Media Services 85.6%
Federal Grant Administration
General Administration 79.9%
School Administration 103.9%
Support Services - Business 90.6%
Maintenance and Operations 76.2%
School Safety and Security 96.4%
Student Transportation Service 77.3%
Support Services - Central 89.5%
Other Support Services 5.4%
School Nutrition Program 115.5%
Enterprise Operations
Capital Outlay
Significant Functions Amount Spent Percentage of Total Spend
Instruction $926.1M 59.8%
M&O $177.0M 11.4%
Pupil Services $93.1M 6.0%
All Other Functions,
22.4%
Pupil Services, 6.0%
Instruction, 59.8%
Maintenance And
Operation, 11.4%
Fund Balance
Fund Balance - FY24 to FY25
60%
50%
40%
30.1%
30%
27.4%
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 $197.8M 12.4% 15.1%
Total $439.3M 27.4% 30.1%
DEKALB COUNTY BOARD OF EDUCATION
Balance Sheet
Governmental Funds
June 30, 2025
NONMAJOR TOTAL
CAPITAL PROJECTS SCHOOL NUTRITION GOVERNMENTAL GOVERNMENTAL
GENERAL FUND FUND DEBT SERVICE FUND FUND FUNDS FUNDS
Assets
Cash and Cash Equivalents $ 561,353,198 $ 633,657,928 $ - $ 25,109,111 $ 3,797,308 $ 1,223,917,545
Receivable, Net
State Government 82,271,635 - - - - 82,271,635
Federal Government 1,716,360 - - 210,554 16,147,244 18,074,158
Local - - - - 3,143 3,143
Other 52,416 - - 3,090 212,980 268,486
Inventories 1,017,939 - - 1,513,480 - 2,531,419
Total assets and deferred outflows of resources $ 646,411,549 $ 633,657,928 $ - $ 26,836,234 $ 20,160,675 $ 1,327,066,386
Liabilities
Accounts Payable $ 1,327,205 $ 884,860 $ - $ 76,763 $ 1,068,211 $ 3,357,039
Salaries & Benefits Payable 163,740,494 - - 3,093,775 48,167 166,882,436
Payroll Withholdings Payable 42,021,106 - - - - 42,021,106
Total liabilities 207,088,805 884,860 - 3,170,538 1,116,378 212,260,580
Total liabilities and deferred inflows of resources 207,088,805 884,860 - 3,170,538 1,116,378 212,260,580
FUND BALANCES
Nonspendable
Inventories $ 1,017,939 $ - $ - $ 1,513,480 $ - $ 2,531,419
Restricted
Capital Projects - 586,744,480 - - - 586,744,480
Continuation of Grant Programs - - - 22,152,217 12,608,522 34,760,739
Committed
Reserve 240,466,839 - - - - 240,466,839
Assigned
Capital Projects - 46,028,588 - - - 46,028,588
Student Activity Accounts - - - - 6,435,775 6,435,775
Unassigned
197,837,966 - - - - 197,837,966
Total fund balances 439,322,744 632,773,068 - 23,665,696 19,044,298 1,114,805,806
Total Liabilities, Deferred Inflows
of Resources, and Fund Balances $ 646,411,549 $ 633,657,928 $ - $ 26,836,234 $ 20,160,675 $ 1,327,066,386
The notes to financial statements are an integral part of this statement.
DEKALB COUNTY BOARD OF EDUCATION
Statement of Revenues, Expenditures and Changes in Fund Balances
Governmental Funds
For the Period Ended June 30, 2025
TOTAL
CAPITAL PROJECTS SCHOOL NUTRITION NONMAJOR GOVERNMENTAL
GENERAL FUND FUND DEBT SERVICE FUND FUND GOVERNMENTAL FUND FUNDS
REVENUES
Property Taxes $ 937,320,821 $ - $ - $ - $ - $ 937,320,821
Sales Taxes 6,914,977 141,809,362 - - - 148,724,340
State Funds 559,182,213 4,554,541 - 1,772,268 31,344,850 596,853,873
Federal Funds - - - 52,612,908 175,278,361 227,891,269
Charges for Services 1,119,789 - - 631,343 5,583,919 7,335,050
Investment Earnings 25,443,797 28,725,933 - - 14,905 54,184,634
Miscellaneous 1,065,668 340,058 - 1,565,309 14,158,437 17,129,472
Total revenues 1,531,047,266 175,429,894 - 56,581,828 226,380,472 1,989,439,460
EXPENDITURES
Current
Instruction 926,127,714 19,041,095 - - 109,396,710 1,054,565,520
Pupil Services 93,110,862 - - - 34,639,688 127,750,550
Improvement of Instructional Services 21,230,603 11,201,694 - - 3,124,962 35,557,259
Instructional Staff Training 225,206 - - - 28,679,109 28,904,315
Educational Media Services 20,957,349 - - - 440,444 21,397,793
Federal Grant Administration 4,464 - - - 4,500,879 4,505,342
General Administration 56,571,855 - - - 2,031,263 58,603,118
School Administration 90,182,941 - - - 1,882,080 92,065,021
Support Services - Business 21,300,965 - - - 499,013 21,799,977
Maintenance And Operation 177,031,953 1,801,398 - - 6,779,570 185,612,920
School Safety And Security 12,255,202 - - - 2,179,679 14,434,880
Student Transportation Service 78,551,810 2,075,795 - - 4,918,767 85,546,372
Support Services - Central 50,233,241 4,936,360 - - 1,288,981 56,458,583
Other Support Services 30,834 - - - 431,722 462,556
School Nutrition Program 405,846 - - 61,725,612 1,190,292 63,321,750
Enterprise Operations 993,244 - - - 3,782,387 4,775,630
Capital Outlays
Facilities Acquistion & Construction - 178,289,422 - - 20,012,107 198,301,529
Total expenditures 1,549,214,089 217,345,765 - 61,725,611 225,777,651 2,054,063,116
Excess (deficiency) of revenues over expenditures (18,166,823) (41,915,870) - (5,143,783) 602,820 (64,623,656)
OTHER FINANCING SOURCES (USES)
Operating Transfers From Other Funds 25,708,382 54,986,031 - 464,659 4,205,204 85,364,276
Operating Transfers To Other Funds (58,699,883) - - - (26,664,393) (85,364,276)
Sale or Compensation for the Loss of Capital Assets 135,664 1,062,862 - - - 1,198,526
Total other financing sources (uses) (32,855,837) 56,048,893 - 464,659 (22,459,189) 1,198,526
Net change in fund balances (51,022,660) 14,133,023 - (4,679,124) (21,856,368) (63,425,130)
Fund balances - beginning 490,345,404 618,640,045 - 28,344,821 40,900,666 1,178,230,936
Fund balances - ending $ 439,322,744 $ 632,773,068 $ - $ 23,665,696 $ 19,044,298 $ 1,114,805,806
The notes to financial statements are an integral part of this statement.
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 June 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 $ 937,320,821 $ (18,947,577) $ 889,255,821
Sales Taxes 6,500,000 6,500,000 6,914,977 414,977 8,791,707
State Funds 559,830,156 556,349,715 559,182,213 2,832,498 543,579,132
Federal Funds - 8,725,000 - (8,725,000) 6,147,132
Charges for Services 775,000 775,000 1,119,789 344,789 1,149,597
Investment Earnings 15,000,000 15,000,000 25,443,797 10,443,797 23,475,344
Miscellaneous 6,730,000 6,730,000 1,065,668 (5,664,332) 8,238,725
Total revenues 1,545,103,554 1,550,348,113 1,531,047,266 (19,300,847) 1,480,637,458
EXPENDITURES
Current
Instruction 880,777,187 864,116,791 926,127,714 (62,010,923) 837,200,925
Pupil Services 93,604,218 89,894,047 93,110,862 (3,216,815) 82,513,368
Improvement of Instructional Services 23,419,032 25,022,882 21,230,603 3,792,279 15,399,776
Instructional Staff Training 659,975 986,368 225,206 761,162 228,132
Educational Media Services 16,287,855 24,468,868 20,957,349 3,511,519 17,317,681
Federal Grant Administration - - 4,464 (4,464) 24,693
General Administration 63,618,909 70,812,080 56,571,855 14,240,225 46,581,376
School Administration 71,833,296 86,779,070 90,182,941 (3,403,871) 81,839,359
Support Services - Business 21,718,627 23,507,888 21,300,965 2,206,923 16,495,984
Maintenance And Operation 249,538,358 232,421,303 177,031,953 55,389,351 156,124,109
School Safety And Security 12,713,839 12,713,839 12,255,202 458,637 1,432
Student Transportation Service 95,740,171 101,617,206 78,551,810 23,065,397 73,161,729
Support Services - Central 43,721,315 56,136,329 50,233,241 5,903,088 32,867,579
Other Support Services 771,260 569,866 30,834 539,032 1,327,295
School Nutrition Program 351,273 351,273 405,846 (54,573) 324,927
Enterprise Operations 1,502,100 273,100 993,244 (720,144) 549,586
Capital Outlays - - - - -
Other Outlays - - - - -
Debt Service - - - - -
UNDEFINED - - - - -
Total current 1,576,257,415 1,589,670,911 1,549,214,089 40,456,823 1,361,957,950
Total expenditures 1,576,257,415 1,589,670,911 1,549,214,089 40,456,823 1,361,957,950
Excess (deficiency) of revenues over
expenditures (31,153,861) (39,322,798) (18,166,823) 21,155,976 118,679,509
OTHER FINANCING SOURCES (USES)
Operating Transfers From Other Funds - - 25,708,382 25,708,382 2,048,024
Operating Transfers To Other Funds (26,854,843) (61,840,874) (58,699,883) 3,140,991 (17,132,215)
Sale or Compensation for the Loss of Capital Assets - - 135,664 135,664 214,735
Total other financing sources (uses) (26,854,843) (61,840,874) (32,855,837) 28,985,037 (14,869,456)
Net change in fund balances (58,008,704) (101,163,672) (51,022,660) 50,141,012 103,810,052
Fund balances - beginning, as previously reported 490,345,404 490,345,404 490,345,404 - 387,493,167
YEC Fund Clean-up - - - - -
Fund balances - beginning as restated 490,345,404 490,345,404 490,345,404 - 387,493,167
Fund balance - ending $ 432,336,700 $ 389,181,732 $ 439,322,744 $ 50,141,012 $ 491,303,220
The notes to financial statements are an integral part of this statement.
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 June 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 429,000,000 429,000,000 141,809,362 (287,190,638) 150,986,248
State Funds - - 4,554,541 4,554,541 1,117,376
Federal Funds - - - - -
Charges for Services - - - - -
Investment Earnings 2,800,000 2,800,000 28,725,933 25,925,933 29,584,457
Miscellaneous - - 340,058 340,058 433,945
Total revenues 431,800,000 431,800,000 175,429,894 (256,370,106) 182,122,026
EXPENDITURES
Current
Instruction - 58,994,734 19,041,095 39,953,639 1,037,108
Pupil Services - - - - -
Improvement of Instructional Services - 55,324,567 11,201,694 44,122,873 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 1,801,398 9,192,516 782,736
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 36,990,187 4,936,360 32,053,827 3,121,064
Other Support Services - - - - -
School Nutrition Program - - - - -
Enterprise Operations - - - - -
Capital Outlays 729,355,435 1,320,721,094 178,289,422 1,142,431,671 60,555,810
Other Outlays - - - - -
Debt Service 5,572,080 6,006,646 - 6,006,646 5,810,913
UNDEFINED - - - - -
Total current 763,973,397 1,498,302,710 217,345,765 1,280,956,945 73,337,847
Total expenditures 763,973,397 1,498,302,710 217,345,765 1,280,956,945 73,337,847
Excess (deficiency) of revenues over
expenditures (332,173,397) (1,066,502,710) (41,915,870) 1,024,586,840 108,784,180
OTHER FINANCING SOURCES (USES)
Operating Transfers From Other Funds - 21,500,000 54,986,031 33,486,031 178,811,066
Operating Transfers To Other Funds (83,403,442) (83,403,442) - 83,403,442 (178,763,461)
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 47,605
Net change in fund balances (415,576,839) (1,128,406,152) 14,133,023 1,142,539,175 108,831,784
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 $ 203,063,206 $ (509,766,107) $ 632,773,068 $ 1,142,539,175 $ 618,640,045
The notes to financial statements are an integral part of this statement.
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 June 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 - - 1,772,268 1,772,268 1,366,046
Federal Funds 11,794,465 16,805,190 52,612,908 35,807,717 57,563,523
Charges for Services 69,017,224 69,017,224 631,343 (68,385,881) 707,431
Investment Earnings - - - - 129,540
Miscellaneous 557,046 557,046 1,565,309 1,008,263 2,286,294
Total revenues 81,368,735 86,379,460 56,581,828 (29,797,632) 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 - - - - -
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 61,725,612 27,835,007 62,299,432
Enterprise Operations - - - - -
Capital Outlays - - - - -
Other Outlays - - - - -
Debt Service - - - - -
UNDEFINED - - - - -
Total current 84,549,894 89,560,619 61,725,611 27,835,008 62,299,432
Total expenditures 84,549,894 89,560,619 61,725,611 27,835,008 62,299,432
Excess (deficiency) of revenues over
expenditures (3,181,159) (3,181,159) (5,143,783) (1,962,624) (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 (3,181,159) (3,181,159) (4,679,124) (1,497,966) (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 $ 25,163,662 $ 25,163,662 $ 23,665,696 $ (1,497,966) $ 28,344,821
The notes to financial statements are an integral part of this statement.
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 June 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 - 33,551,794 31,344,850 (2,206,944) 17,612,162
Federal Funds 347,152,928 727,971,201 175,278,361 (552,692,840) 208,965,796
Charges for Services - - 5,583,919 5,583,919 1,047,733
Investment Earnings - - 14,905 14,905 16,265
Miscellaneous 217,466 7,835,996 14,158,437 6,322,441 30,492,239
Total revenues 347,370,394 769,358,991 226,380,472 (542,978,520) 258,134,196
EXPENDITURES
Current
Instruction 72,727,101 266,901,340 109,396,710 157,504,630 122,169,333
Pupil Services 29,936,584 105,099,880 34,639,688 70,460,192 33,215,100
Improvement of Instructional Services 26,168,876 9,552,687 3,124,962 6,427,725 2,221,016
Instructional Staff Training 28,674,158 61,141,615 28,679,109 32,462,506 29,270,424
Educational Media Services 2,874,200 204,337 440,444 (236,107) 346,123
Federal Grant Administration (4,405,990) 9,400,589 4,500,879 4,899,711 4,603,737
General Administration 51,356,965 49,982,002 2,031,263 47,950,739 8,069,228
School Administration 27,758,634 8,856,134 1,882,080 6,974,054 3,794,076
Support Services - Business 26,109,645 861,721 499,013 362,708 772,535
Maintenance And Operation 75,326,490 47,825,966 6,779,570 41,046,397 6,705,646
School Safety And Security - 6,220,368 2,179,679 4,040,690 -
Student Transportation Service 27,445,095 42,355,916 4,918,767 37,437,149 6,921,163
Support Services - Central 80,181,515 18,963,196 1,288,981 17,674,215 2,387,066
Other Support Services - 501,307 431,722 69,585 467,791
School Nutrition Program 53,744,641 6,347,385 1,190,292 5,157,093 1,644,960
Enterprise Operations 4,354,000 4,424,500 3,782,387 642,113 5,678,161
Capital Outlays 158,786,775 89,803,056 20,012,107 69,790,949 20,155,071
Other Outlays - - - - 650
Debt Service - - - - -
UNDEFINED - (613,087) - (613,087) -
Total current 661,038,688 727,828,913 225,777,651 502,051,262 248,422,079
Total expenditures 661,038,688 727,828,913 225,777,651 502,051,262 248,422,079
Excess (deficiency) of revenues over
expenditures (313,668,295) 41,530,078 602,820 (40,927,258) 9,712,117
OTHER FINANCING SOURCES (USES)
Operating Transfers From Other Funds (4,424,000) 4,676,221 4,205,204 (471,017) 17,862,011
Operating Transfers To Other Funds - (670,120) (26,664,393) (25,994,273) (2,777,819)
Sale or Compensation for the Loss of Capital Assets - - - - -
Total other financing sources (uses) (4,424,000) 4,006,101 (22,459,189) (26,465,290) 15,084,191
Net change in fund balances (318,092,295) 45,536,179 (21,856,368) (67,392,548) 24,796,308
Fund balances - beginning, as previously reported 40,900,666 40,900,666 40,900,666 - 18,907,407
YEC Fund Clean-up - - - - -
Fund balances - beginning as restated 40,900,666 40,900,666 40,900,666 - 18,907,407
Fund balance - ending $ (277,191,629) $ 86,436,845 $ 19,044,298 $ (67,392,548) $ 43,703,715
The notes to financial statements are an integral part of this statement.