Monthly Financial
Report
August 30, 2025
FISCAL YEAR 2026
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
$1,600,000,000
$1,400,000,000
$1,200,000,000
$1,000,000,000
$800,000,000
$600,000,000
$36,767,024
$400,000,000
$200,000,000
$22,716,927
$-
r
ch
r
ril
ay
ne
ly
ne
ry
r
r
y
st
be
be
be
be
ar
Ju
gu
Ap
ua
M
ar
Ju
Ju
nu
m
m
m
to
Au
M
br
ve
ce
te
Oc
Ja
Fe
p
De
No
Se
Budget Actual
Amount Collected Percentage of Budget
Actual $22.7M 1.4%
Benchmark $36.8M 2.3%
Difference $14.1M .9%
Revenue Mix
State $591M 2.63%
18.05% 13.48%
Local $1B 0.41%
68.47% Other $27M 11.25%
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
$1,400,000,000.00
$1,200,000,000.00
$1,000,000,000.00
$800,000,000.00
$600,000,000.00
$94,105,461.00
$400,000,000.00
$98,465,195.32
$200,000,000.00
$-
r
ay
ly
ne
y
r
r
ch
r
y
st
ril
be
be
be
be
ar
ar
Ju
gu
Ap
M
ar
Ju
ru
nu
m
m
m
to
Au
M
b
ce
ve
te
Oc
Ja
Fe
p
De
No
Se
Budget Actual
Amount Spent Percentage of Budget
Actual + Transfer Out $94.1M 5.76%
Benchmark $98.5B 5.78%
Difference $4.4M .02%
Page 4
GF Budget Utilization by Function
Instruction 2.3%
Pupil Services 3.6%
Improvement of Instructional Services 6.8%
Instructional Staff Training 7.8%
Educational Media Services 4.0%
Federal Grant Administration
General Administration 13.3%
School Administration 11.7%
Support Services - Business 27.6%
Maintenance and Operations 11.4%
School Safety and Security 8.9%
Student Transportation Service 6.0%
Support Services - Central 14.1%
Other Support Services0.0%
School Nutrition Program 3.8%
Enterprise Operations0.0%
Capital Outlay
Significant Functions Amount Spent Percentage of Total Spend
Instruction $20.3M 22.3%
M&O $26.9M 29.5%
School Administration $10.8M 11.8%
Instruction, 22.3%
All Other Functions,
36.4%
Maintenance And
Operation, 29.5%
School Administration,
11.8%
Page 5
Fund Balance
Fund Balance
60%
50%
40%
25.4%
30%
23.1%
20% 22.7%
10%
0%
r
r
ch
r
r
y
st
ril
ay
ne
ly
ne
y
be
be
be
be
ar
ar
Ju
gu
Ap
M
ar
Ju
Ju
nu
ru
m
m
to
m
Au
M
b
ve
te
ce
Oc
Ja
Fe
p
De
No
Se
Assigned Reserve FY26 Anticipated FY26 Actual
FY26 Fund Balance FY26 Actual FY26 Anticipated
Nonspendable $1.0M
Committed (15%) $245.3M 15.0% 15.0%
Unassigned $126.5M 7.7% 8.1%
Total $371.8M 22.7% 23.1%
Page 6
DEKALB COUNTY BOARD OF EDUCATION
Balance Sheet
Governmental Funds
August 31, 2025
NONMAJOR TOTAL
CAPITAL PROJECTS SCHOOL NUTRITION GOVERNMENTAL GOVERNMENTAL
GENERAL FUND FUND DEBT SERVICE FUND FUND FUNDS FUNDS
Assets
Cash and Cash Equivalents $ 426,331,999 $ 612,995,416 $ - $ 21,709,663 $ (2,168,922) $ 1,058,868,156
Receivable, Net
Federal Government - - - 1,595,870 22,463,278 24,059,148
Local - - - - 3,143 3,143
Other 407,955 - - - - 407,955
Inventories 1,469,897 - - 1,018,934 - 2,488,831
Accounts Receivable - - - 3,090 235,700 238,790
Total assets and deferred outflows of resources $ 428,209,852 $ 612,995,416 $ - $ 24,327,557 $ 20,533,199 $ 1,086,066,023
Liabilities
Accounts Payable $ 11,954,061 $ 6,248,886 $ - $ 180,952 $ 826,350 $ 19,210,249
Payroll Withholdings Payable 44,533,792 - - - - 44,533,792
Unearned/Unavailable Revenue - - - - 722,004 722,004
Total liabilities 56,487,853 6,248,886 - 180,952 1,548,354 64,466,044
Total liabilities and deferred inflows of resources 56,487,853 6,248,886 - 180,952 1,548,354 64,466,044
FUND BALANCES
Nonspendable
Inventories $ 1,469,897 $ - $ - $ - $ - $ 1,469,897
Reserve for Inventories - - - 1,018,934 - 1,018,934
Restricted
Capital Projects - 571,380,175 - - - 571,380,175
Continuation of Grant Programs - - - 23,127,671 12,583,979 35,711,650
Committed
Reserve 241,906,168 - - - - 241,906,168
Assigned
Capital Projects - 35,366,355 - - - 35,366,355
Student Activity Accounts - - - - 6,400,866 6,400,866
Unassigned
128,345,933 - - - - 128,345,933
Total fund balances 371,721,999 606,746,530 - 24,146,605 18,984,845 1,021,599,979
Total Liabilities, Deferred Inflows
of Resources, and Fund Balances $ 428,209,852 $ 612,995,416 $ - $ 24,327,557 $ 20,533,199 $ 1,086,066,023
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 August 31, 2025
TOTAL
CAPITAL PROJECTS SCHOOL NUTRITION NONMAJOR GOVERNMENTAL
GENERAL FUND FUND DEBT SERVICE FUND FUND GOVERNMENTAL FUND FUNDS
REVENUES
Property Taxes $ 4,100,304 $ - $ - $ - $ - $ 4,100,304
Sales Taxes - 13,128,217 - - - 13,128,217
State Funds 15,554,036 - - 251,704 3,646,844 19,452,584
Federal Funds - - - 365,123 6,655,550 7,020,673
Charges for Services - - - - 1,329,421 1,329,421
Investment Earnings 3,060,787 4,136,857 - - - 7,197,644
Miscellaneous 1,800 - - 293,992 698,828 994,620
Total revenues 22,716,927 17,265,073 - 910,819 12,330,642 53,223,462
EXPENDITURES
Current
Instruction 20,272,523 9,401,700 - - 4,133,452 33,807,675
Pupil Services 4,608,560 - - - 1,617,881 6,226,441
Improvement of Instructional Services 3,131,210 4,017,524 - - 238,711 7,387,445
Instructional Staff Training 53,209 - - - 1,237,782 1,290,991
Educational Media Services 781,957 - - - 3,294 785,250
Federal Grant Administration - - - - 844,723 844,723
General Administration 5,831,572 - - - 340,687 6,172,259
School Administration 10,771,023 - - - 42,145 10,813,168
Support Services - Business 2,685,781 - - 21,584 23,431 2,730,796
Maintenance And Operation 26,869,654 334,887 - - 5,629 27,210,170
School Safety And Security 2,070,928 - - - 126,822 2,197,750
Student Transportation Service 5,553,167 1,407,990 - - 448,015 7,409,172
Support Services - Central 8,377,535 1,492,149 - - 5,499 9,875,183
School Nutrition Program - - - 5,112,694 - 5,112,694
Enterprise Operations 12,949 - - - 235,609 248,558
Capital Outlays
Facilities Acquistion & Construction 85,392 9,538,246 - - - 9,623,638
Total expenditures 91,105,461 26,192,496 - 5,134,277 9,303,678 131,735,913
Excess (deficiency) of revenues over expenditures (68,388,534) (8,927,423) - (4,223,458) 3,026,964 (78,512,451)
OTHER FINANCING SOURCES (USES)
Operating Transfers From Other Funds - - - - 3,029,046 3,029,046
Operating Transfers To Other Funds (3,000,000) - - - (29,046) (3,029,046)
Total other financing sources (uses) (3,000,000) - - - 3,000,000 -
Net change in fund balances (71,388,534) (8,927,423) - (4,223,458) 6,026,964 (78,512,451)
Fund balances - beginning 443,110,533 615,673,952 - 28,370,063 12,957,881 1,100,112,429
Fund balances - ending $ 371,721,999 $ 606,746,530 $ - $ 24,146,605 $ 18,984,845 $ 1,021,599,979
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 August 30, 2025
With Comparative Totals for June 30, 2025
GENERAL FUND
Variance with Final
Orig Budget Final Budget Actual 2026 Budget Actual 2025
REVENUES
Property Taxes $ 1,001,496,971 $ 1,001,496,971 $ 4,100,304 $ (997,396,667) $ 946,887,449
Sales Taxes 6,000,000 6,000,000 - (6,000,000) 8,465,777
State Funds 590,784,324 590,859,679 15,554,036 (575,305,643) 558,627,472
Federal Funds - - - - -
Charges for Services 1,000,000 1,000,000 - (1,000,000) 1,271,658
Investment Earnings 17,500,000 17,500,000 3,060,787 (14,439,213) 25,443,797
Miscellaneous 2,730,000 2,730,000 1,800 (2,728,200) 3,427,217
Total revenues 1,619,511,295 1,619,586,650 22,716,927 (1,596,869,723) 1,544,123,370
EXPENDITURES
Current
Instruction 882,202,444 881,908,530 20,272,523 861,636,007 919,354,603
Pupil Services 123,954,162 124,155,828 4,608,560 119,547,269 98,266,441
Improvement of Instructional Services 44,812,845 45,660,082 3,131,210 42,528,872 19,440,348
Instructional Staff Training 581,584 676,468 53,209 623,258 606,613
Educational Media Services 19,245,384 19,447,152 781,957 18,665,195 23,982,980
Federal Grant Administration - - - - 23,598
General Administration 45,317,083 43,105,833 5,831,572 37,274,261 57,533,446
School Administration 92,008,882 91,811,870 10,771,023 81,040,847 90,642,207
Support Services - Business 9,733,473 10,083,028 2,685,781 7,397,247 23,469,802
Maintenance And Operation 227,960,722 227,708,805 26,869,654 200,839,151 169,324,234
School Safety And Security 12,155,302 13,006,835 2,070,928 10,935,907 21,696,769
Student Transportation Service 91,918,519 93,253,257 5,553,167 87,700,091 82,898,384
Support Services - Central 59,456,001 60,027,920 8,377,535 51,650,385 51,003,878
Other Support Services 1,734,444 1,617,776 - 1,617,776 29,994
School Nutrition Program 336,368 336,368 - 336,368 405,846
Enterprise Operations 1,290,576 (7,401) 12,949 (20,350) 1,015,659
Capital Outlays - - 85,392 (85,392) 914,772
Debt Service - - - - -
Total current 1,612,707,789 1,612,792,351 91,105,461 1,521,686,890 1,560,609,574
Total expenditures 1,612,707,789 1,612,792,351 91,105,461 1,521,686,890 1,560,609,574
Excess (deficiency) of revenues over
expenditures 6,803,506 6,794,299 (68,388,534) (75,182,833) (16,486,204)
OTHER FINANCING SOURCES (USES)
Operating Transfers From Other Funds - - - - 31,478,428
Operating Transfers To Other Funds (8,100,000) (8,100,000) (3,000,000) 5,100,000 (62,366,466)
Sale or Compensation for the Loss of Capital Assets 100,000 100,000 - (100,000) 139,370
Total other financing sources (uses) (8,000,000) (8,000,000) (3,000,000) 5,000,000 (30,748,667)
Net change in fund balances (1,196,494) (1,205,701) (71,388,534) (70,182,833) (47,234,871)
Fund balances - beginning 443,110,533 443,110,533 443,110,533 - 490,345,404
Fund balances - ending $ 441,914,039 $ 441,904,832 $ 371,721,999 $ (70,182,833) $ 443,110,533
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 August 30, 2025
With Comparative Totals for June 30, 2025
CAPITAL PROJECTS FUND
Variance with Final
Orig Budget Final Budget Actual 2026 Budget Actual 2025
REVENUES
Property Taxes $ - $ - $ - $ - $ -
Sales Taxes - - 13,128,217 13,128,217 154,532,044
State Funds - - - - 4,554,541
Federal Funds - - - - -
Charges for Services - - - - -
Investment Earnings (12,330,946) (12,330,946) 4,136,857 16,467,803 28,725,933
Miscellaneous - - - - 340,058
Total revenues (12,330,946) (12,330,946) 17,265,073 29,596,020 188,152,576
EXPENDITURES
Current
Instruction 35,363,679 35,363,679 9,401,700 25,961,979 23,631,055
Pupil Services - - - - -
Improvement of Instructional Services 30,029,491 31,045,343 4,017,524 27,027,818 13,344,860
Instructional Staff Training - - - - -
Educational Media Services - - - - -
Federal Grant Administration - - - - -
General Administration - - - - -
School Administration - - - - -
Support Services - Business - - - - -
Maintenance And Operation (1,679,600) (1,679,600) 334,887 (2,014,488) 1,801,398
School Safety And Security - - - - -
Student Transportation Service 5,742,460 5,742,460 1,407,990 4,334,470 2,779,790
Support Services - Central 13,862,390 13,862,390 1,492,149 12,370,241 5,127,797
Other Support Services - - - - -
School Nutrition Program - - - - -
Enterprise Operations - - - - -
Capital Outlays 612,490,837 665,360,481 9,538,246 655,822,236 200,482,662
Debt Service 434,566 434,566 - 434,566 -
Total current 696,243,823 750,129,319 26,192,496 723,936,823 247,167,561
Total expenditures 696,243,823 750,129,319 26,192,496 723,936,823 247,167,561
Excess (deficiency) of revenues over
expenditures (708,574,769) (762,460,265) (8,927,423) 753,532,843 (59,014,986)
OTHER FINANCING SOURCES (USES)
Operating Transfers From Other Funds - - - - 54,986,031
Operating Transfers To Other Funds - - - - -
Sale or Compensation for the Loss of Capital Assets - - - - 1,062,862
Total other financing sources (uses) - - - - 56,048,893
Net change in fund balances (708,574,769) (762,460,265) (8,927,423) 753,532,843 (2,966,093)
Fund balances - beginning 615,673,952 615,673,952 615,673,952 - 618,640,045
Fund balances - ending $ (92,900,817) $ (146,786,313) $ 606,746,530 $ 753,532,843 $ 615,673,952
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 August 30, 2025
With Comparative Totals for June 30, 2025
SCHOOL NUTRITION FUND
Variance with Final
Orig Budget Final Budget Actual 2026 Budget Actual 2025
REVENUES
Property Taxes $ - $ - $ - $ - $ -
Sales Taxes - - - - -
State Funds - - 251,704 251,704 1,772,268
Federal Funds 10,357,738 10,357,738 365,123 (9,992,615) 58,982,581
Charges for Services 72,861,878 72,861,878 - (72,861,878) -
Investment Earnings - - - - -
Miscellaneous 612,751 612,751 293,992 (318,759) 2,164,399
Total revenues 83,832,367 83,832,367 910,819 (82,921,548) 62,919,249
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 - - 21,584 (21,584) 49,532
Maintenance And Operation - - - - -
School Safety And Security - - - - -
Student Transportation Service - - - - -
Support Services - Central - - - - -
Other Support Services - - - - -
School Nutrition Program 85,832,367 85,832,367 5,112,694 80,719,674 63,309,133
Enterprise Operations - - - - -
Capital Outlays - - - - -
Debt Service - - - - -
Total current 85,832,367 85,832,367 5,134,277 80,698,090 63,358,665
Total expenditures 85,832,367 85,832,367 5,134,277 80,698,090 63,358,665
Excess (deficiency) of revenues over
expenditures (2,000,000) (2,000,000) (4,223,458) (2,223,458) (439,417)
OTHER FINANCING SOURCES (USES)
Operating Transfers From Other Funds 2,000,000 2,000,000 - (2,000,000) 464,659
Operating Transfers To Other Funds - - - - -
Sale or Compensation for the Loss of Capital Assets - - - - -
Total other financing sources (uses) 2,000,000 2,000,000 - (2,000,000) 464,659
Net change in fund balances - - (4,223,458) (4,223,458) 25,242
Fund balances - beginning 28,370,063 28,370,063 28,370,063 - 28,344,821
Fund balances - ending $ 28,370,063 $ 28,370,063 $ 24,146,605 $ (4,223,458) $ 28,370,063
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 August 30, 2026
With Comparative Totals for June 30, 2025
NONMAJOR GOVERNMENTAL FUNDS
Variance with Final
Orig Budget Final Budget Actual 2026 Budget Actual 2025
REVENUES
Property Taxes $ - $ - $ - $ - $ -
Sales Taxes - - - - -
State Funds (1,687,125) 15,876,449 3,646,844 (12,229,605) 48,833,992
Federal Funds 152,545,766 164,743,323 6,655,550 (158,087,774) 188,407,564
Charges for Services 1,800 1,800 1,329,421 1,327,621 2,572,201
Investment Earnings - - - - 14,905
Miscellaneous 387,778 6,679,413 698,828 (5,980,585) 20,874,561
Total revenues 151,248,220 187,300,986 12,330,642 (174,970,344) 260,703,223
EXPENDITURES
Current
Instruction 52,847,060 75,144,293 4,133,452 71,010,841 130,265,467
Pupil Services 40,461,448 47,122,872 1,617,881 45,504,991 38,799,169
Improvement of Instructional Services 1,182,676 2,069,779 238,711 1,831,068 3,236,069
Instructional Staff Training 47,984,223 53,632,140 1,237,782 52,394,358 31,023,752
Educational Media Services 45,205 45,205 3,294 41,911 625,854
Federal Grant Administration 7,547,314 7,966,925 844,723 7,122,202 4,836,467
General Administration 2,246,700 2,706,573 340,687 2,365,887 5,078,060
School Administration 236,266 236,266 42,145 194,121 2,397,400
Support Services - Business 10,500 146,500 23,431 123,069 597,576
Maintenance And Operation 154,733 154,733 5,629 149,104 7,316,152
School Safety And Security - 2,855,820 126,822 2,728,998 6,220,551
Student Transportation Service 21,125,640 22,272,553 448,015 21,824,538 5,525,452
Support Services - Central 61,097 814,374 5,499 808,876 1,434,826
Other Support Services - - - - 467,661
School Nutrition Program - - - - 1,616,511
Enterprise Operations 4,674,000 4,674,000 235,609 4,438,391 3,997,935
Capital Outlays 686 686 - 686 20,644,454
Debt Service - - - - -
Total current 178,577,548 219,842,719 9,303,678 210,539,041 264,083,356
Total expenditures 178,577,548 219,842,719 9,303,678 210,539,041 264,083,356
Excess (deficiency) of revenues over
expenditures (27,329,328) (32,541,733) 3,026,964 35,568,697 (3,380,132)
OTHER FINANCING SOURCES (USES)
Operating Transfers From Other Funds 4,774,000 4,774,000 3,029,046 (1,744,954) 8,018,741
Operating Transfers To Other Funds - (134,750) (29,046) 105,704 (32,581,394)
Sale or Compensation for the Loss of Capital Assets - - - - -
Total other financing sources (uses) 4,774,000 4,639,250 3,000,000 (1,639,250) (24,562,652)
Net change in fund balances (22,555,328) (27,902,483) 6,026,964 33,929,447 (27,942,785)
Fund balances - beginning 12,957,881 12,957,881 12,957,881 - 40,900,666
Fund balances - ending $ (9,597,447) $ (14,944,602) $ 18,984,845 $ 33,929,447 $ 12,957,881
The notes to financial statements are an integral part of this statement.
Page 12