Monthly Financial
Report
October 31, 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
$665,170,729
$600,000,000 $659,905,665
$400,000,000
$200,000,000
$-
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Budget Actual
Amount Collected Percentage of Budget
Actual $659.9M 40.8%
Benchmark $665.2M 41.1%
Difference $5.3M 0.3%
Revenue Mix
1.05% 19.69% State $591M 21.99%
Local $1B 52.23%
79.26% Other $27M 25.48%
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
$418,630,157.00
$600,000,000.00
$422,572,614.61
$400,000,000.00
$200,000,000.00
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Budget Actual
Amount Spent Percentage of Budget
Actual + Transfer Out $418.6M 25.5%
Benchmark $422.6B 25.6%
Difference $4.0M 0.1%
Page 4
GF Budget Utilization by Function
Instruction 24.7%
Pupil Services 23.0%
Improvement of Instructional Services 19.5%
Instructional Staff Training 13.3%
Educational Media Services 24.9%
Federal Grant Administration
General Administration 28.6%
School Administration 29.4%
Support Services - Business 65.7%
Maintenance and Operations 28.5%
School Safety and Security 25.8%
Student Transportation Service 20.2%
Support Services - Central 28.5%
Other Support Services0.3%
School Nutrition Program 0.0%
Enterprise Operations 85.8%
Capital Outlay
Significant Functions Amount Spent Percentage of Total Spend
Instruction $218.2M 52.5%
M&O $64.9M 15.6%
Pupil Services $28.4M 6.8%
All Other Functions,
25.1%
Pupil Services, 6.8%
Instruction, 52.5%
Maintenance And
Operation, 15.6%
Page 5
Fund Balance
Fund Balance
60%
50%
41.9%
41.7%
40%
30%
20%
10%
0%
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Assigned Reserve FY26 Anticipated FY26 Actual
FY26 Fund Balance FY26 Actual FY26 Anticipated
Nonspendable $1.5M
Committed (15%) $241.9M 15.0% 15.0%
Unassigned $441.0M 26.9% 26.7%
Total $684.4M 41.9% 41.7%
Page 6
DEKALB COUNTY BOARD OF EDUCATION
Balance Sheet
Governmental Funds
October 31, 2025
NONMAJOR TOTAL GOVERNMENTAL
GENERAL FUND CAPITAL PROJECTS FUND DEBT SERVICE FUND SCHOOL NUTRITION FUND GOVERNMENTAL FUNDS FUNDS
Assets
Cash and Cash Equivalents $ 758,833,879 $ 593,127,744 $ - $ 8,110,162 $ (26,690,026) $ 1,333,381,759
Receivable, Net
State Government 16,454,326 - - - 1,538,186 17,992,512
Federal Government - - - 14,625,149 41,789,827 56,414,976
Local - - - - 3,143 3,143
Other 407,955 - - 3,090 5,700 416,745
Inventories 1,469,897 - - 1,547,626 - 3,017,523
Total assets and deferred outflows of resources $ 777,166,057 $ 593,127,744 $ - $ 24,286,027 $ 16,646,830 $ 1,411,226,658
Liabilities
Accounts Payable $ 3,846,602 $ 9,492,441 $ - $ 276,852 $ 1,557,791 $ 15,173,686
Salaries & Benefits Payable 36,223,527 - - - - 36,223,527
Payroll Withholdings Payable 52,708,929 - - - - 52,708,929
Unearned/Unavailable Revenue - - - - 722,004 722,004
Total liabilities 92,779,058 9,492,441 - 276,852 2,279,794 104,828,145
Total liabilities and deferred inflows of resources 92,779,058 9,492,441 - 276,852 2,279,794 104,828,145
FUND BALANCES
Nonspendable
Reserve for Inventories $ 1,469,897 $ - $ - $ 1,547,626 $ - $ 3,017,523
Restricted
Capital Projects - 550,711,254 - - - 550,711,254
Continuation of Grant Programs - - - 22,461,549 6,097,851 28,559,400
Committed
Reserve 241,906,168 - - - - 241,906,168
Assigned
Capital Projects - 32,924,049 - - - 32,924,049
Student Activity Accounts - - - - 8,269,185 8,269,185
Unassigned
441,010,934 - - - - 441,010,934
Total fund balances 684,387,000 583,635,303 - 24,009,175 14,367,036 1,306,398,513
Total Liabilities, Deferred Inflows
of Resources, and Fund Balances $ 777,166,058 $ 593,127,744 $ - $ 24,286,027 $ 16,646,830 $ 1,411,226,658
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 October 31, 2025
NONMAJOR TOTAL GOVERNMENTAL
GENERAL FUND CAPITAL PROJECTS FUND DEBT SERVICE FUND SCHOOL NUTRITION FUND GOVERNMENTAL FUND FUNDS
REVENUES
Property Taxes $ 523,054,428 $ - $ - $ - $ - $ 523,054,428
Sales Taxes 1,345,196 38,841,180 - - - 40,186,376
State Funds 129,913,459 - - 390,152 5,185,030 135,488,641
Federal Funds - - - 14,188,752 26,426,653 40,615,405
Charges for Services 83,900 - - 147,706 4,477,163 4,708,769
Investment Earnings 5,447,969 7,993,369 - - 2,409 13,443,747
Miscellaneous 60,713 12,292 - 391,916 1,594,006 2,058,928
Total revenues 659,905,665 46,846,841 - 15,118,527 37,685,261 759,556,294
EXPENDITURES
Current
Instruction 218,180,230 6,856,818 - - 16,706,900 241,743,947
Pupil Services 28,414,192 - - - 8,782,330 37,196,522
Improvement of Instructional Services 8,920,477 6,180,611 - - 341,667 15,442,754
Instructional Staff Training 92,162 - - - 7,159,944 7,252,106
Educational Media Services 4,835,428 - - - 4,857 4,840,285
Federal Grant Administration - - - - 1,724,472 1,724,472
General Administration 12,225,659 - - - 599,330 12,824,989
School Administration 26,984,904 - - - 87,339 27,072,244
Support Services - Business 6,607,490 - - 43,168 64,942 6,715,599
Maintenance And Operation 64,917,114 661,735 - - 12,199 65,591,048
School Safety And Security 8,076,338 - - - 2,637,009 10,713,347
Student Transportation Service 18,831,204 1,407,990 - - 563,594 20,802,788
Support Services - Central 17,241,855 4,182,749 - - 21,714 21,446,318
Other Support Services 4,114 - - - 23,897 28,011
School Nutrition Program - - - 19,436,247 - 19,436,247
Enterprise Operations 79,475 - - - 680,037 759,512
Capital Outlays
Facilities Acquistion & Construction 85,392 59,595,588 - - - 59,680,980
Total expenditures 415,496,032 78,885,491 - 19,479,415 39,410,232 553,271,170
Excess (deficiency) of revenues over expenditures 244,409,633 (32,038,650) - (4,360,888) (1,724,971) 206,285,125
OTHER FINANCING SOURCES (USES)
Operating Transfers From Other Funds - - - - 3,200,107 3,200,107
Operating Transfers To Other Funds (3,134,125) - - - (65,981) (3,200,107)
Sale or Compensation for the Loss of Capital Assets 736 - - - - 736
Total other financing sources (uses) (3,133,389) - - - 3,134,125 736
Net change in fund balances 241,276,244 (32,038,650) - (4,360,888) 1,409,155 206,285,861
Fund balances - beginning 443,110,756 615,673,952 - 28,370,063 12,957,881 1,100,112,652
Fund balances - ending $ 684,387,000 $ 583,635,303 $ - $ 24,009,175 $ 14,367,036 $ 1,306,398,513
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 June 30, 2026
With Comparative Totals for June 30, 2025
GENERAL FUND
Orig Budget Final Budget Actual 2026 Variance with Final Budget Actual 2025
REVENUES
Property Taxes $ 1,001,496,971 $ 1,001,496,971 $ 523,054,428 $ (478,442,543) $ 946,887,449
Sales Taxes 6,000,000 6,000,000 1,345,196 (4,654,804) 8,465,777
State Funds 590,784,324 590,859,679 129,913,459 (460,946,220) 558,627,472
Federal Funds - - - - -
Charges for Services 1,000,000 1,000,000 83,900 (916,101) 1,271,658
Investment Earnings 17,500,000 17,500,000 5,447,969 (12,052,031) 25,443,797
Miscellaneous 2,730,000 2,730,000 60,713 (2,669,287) 3,427,217
Total revenues 1,619,511,295 1,619,586,650 659,905,665 (959,680,985) 1,544,123,370
EXPENDITURES
Current
Instruction 882,972,932 882,573,359 218,180,230 664,393,129 919,354,380
Pupil Services 123,855,091 124,104,015 28,414,192 95,689,823 98,266,441
Improvement of Instructional Services 46,417,154 47,278,999 8,920,477 38,358,522 19,440,348
Instructional Staff Training 681,584 859,848 92,162 767,686 606,613
Educational Media Services 19,245,384 19,413,602 4,835,428 14,578,174 23,982,980
Federal Grant Administration - - - - 23,598
General Administration 43,743,097 41,531,847 12,225,659 29,306,188 57,533,446
School Administration 92,237,118 92,040,106 26,984,904 65,055,202 90,642,207
Support Services - Business 12,819,712 13,478,616 6,607,490 6,871,127 23,469,802
Maintenance And Operation 227,960,722 227,708,805 64,917,114 162,791,690 169,324,234
School Safety And Security 12,437,618 31,518,216 8,076,338 23,441,878 21,696,769
Student Transportation Service 91,918,519 93,252,757 18,831,204 74,421,554 82,898,384
Support Services - Central 55,057,472 55,396,037 17,241,855 38,154,182 51,003,878
Other Support Services 1,734,444 1,617,776 4,114 1,613,662 29,994
School Nutrition Program 336,368 336,368 - 336,368 405,846
Enterprise Operations 1,290,576 (7,401) 79,475 (86,876) 1,015,659
Capital Outlays - - 85,392 (85,392) 914,772
Debt Service - - - - -
Total current 1,612,707,789 1,631,102,950 415,496,032 1,215,606,918 1,560,609,351
Total expenditures 1,612,707,789 1,631,102,950 415,496,032 1,215,606,918 1,560,609,351
Excess (deficiency) of revenues over expenditures 6,803,506 (11,516,300) 244,409,633 255,925,933 (16,485,981)
OTHER FINANCING SOURCES (USES)
Operating Transfers From Other Funds - - - - 31,478,428
Operating Transfers To Other Funds (8,100,000) (8,100,000) (3,134,125) 4,965,875 (62,366,466)
Sale or Compensation for the Loss of Capital Assets 100,000 100,000 736 (99,264) 139,370
Total other financing sources (uses) (8,000,000) (8,000,000) (3,133,389) 4,866,611 (30,748,668)
Net change in fund balances (1,196,494) (19,516,300) 241,276,244 260,792,544 (47,234,649)
Fund balances - beginning 443,110,756 443,110,756 443,110,756 - 490,345,404
Fund balances - ending $ 441,914,261 $ 423,594,456 $ 684,387,000 $ 260,792,544 443,110,755
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 June 30, 2026
With Comparative Totals for June 30, 2025
CAPITAL PROJECTS FUND
Orig Budget Final Budget Actual 2026 Variance with Final Budget Actual 2025
REVENUES
Property Taxes $ - $ - $ - $ - $ -
Sales Taxes - - 38,841,180 38,841,180 154,532,044
State Funds - - - - 4,554,541
Federal Funds - - - - -
Charges for Services - - - - -
Investment Earnings 12,330,946 12,330,946 7,993,369 (4,337,577) 28,725,933
Miscellaneous - - 12,292 12,292 340,058
Total revenues 12,330,946 12,330,946 46,846,841 34,515,895 188,152,576
EXPENDITURES
Current
Instruction 35,363,679 35,363,679 6,856,818 28,506,862 23,631,055
Pupil Services - - - - -
Improvement of Instructional Services 30,029,491 31,045,343 6,180,611 24,864,732 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) 661,735 (2,341,335) 1,801,398
School Safety And Security - - - - -
Student Transportation Service 5,742,460 5,768,093 1,407,990 4,360,103 2,779,790
Support Services - Central 13,862,390 13,862,390 4,182,749 9,679,641 5,127,797
Other Support Services - - - - -
School Nutrition Program - - - - -
Enterprise Operations - - - - -
Capital Outlays 612,490,837 669,442,767 59,595,588 609,847,179 200,482,662
Debt Service 434,567 434,567 - 434,567 -
Total current 696,243,824 754,237,239 78,885,491 675,351,748 247,167,562
Total expenditures 696,243,824 754,237,239 78,885,491 675,351,748 247,167,562
Excess (deficiency) of revenues over expenditures (683,912,878) (741,906,293) (32,038,650) 709,867,643 (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) - - - - -
Net change in fund balances (683,912,878) (741,906,293) (32,038,650) 709,867,643 (2,966,093)
Fund balances - beginning 615,673,952 615,673,952 615,673,952 - 618,640,045
Fund balances - ending $ (68,238,926) $ (126,232,340) $ 583,635,303 $ 709,867,643 $ 615,673,952
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 June 30, 2026
With Comparative Totals for June 30, 2025
SCHOOL NUTRITION FUND
` Final Budget Actual 2026 Variance with Final Budget Actual 2025
REVENUES
Property Taxes $ - $ - $ - $ - $ -
Sales Taxes - - - - -
State Funds - - 390,152 390,152 1,772,268
Federal Funds 10,357,738 10,357,738 14,188,752 3,831,014 58,982,581
Charges for Services 72,861,878 72,861,878 147,706 (72,714,172) -
Investment Earnings - - - - -
Miscellaneous 612,751 612,751 391,916 (220,835) 2,164,399
Total revenues 83,832,367 83,832,367 15,118,527 (68,713,841) 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 - - 43,168 (43,168) 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 19,436,247 66,396,120 63,309,133
Enterprise Operations - - - - -
Capital Outlays - - - - -
Debt Service - - - - -
Total current 85,832,367 85,832,367 19,479,415 66,352,953 63,358,665
Total expenditures 85,832,367 85,832,367 19,479,415 66,352,953 63,358,665
Excess (deficiency) of revenues over expenditures (2,000,000) (2,000,000) (4,360,888) (2,360,888) (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 0 0 (4,360,888) (4,360,888) 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 $ 24,009,175 $ (4,360,888) 28,370,063
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 June 30, 2026
With Comparative Totals for June 30, 2025
NONMAJOR GOVERNMENTAL FUNDS
Orig Budget Final Budget Actual 2026 Variance with Final Budget Actual 2025
REVENUES
Property Taxes $ - $ - $ - $ - $ -
Sales Taxes - - - - -
State Funds - 19,372,128 5,185,030 (14,187,098) 48,833,992
Federal Funds - 60,252,539 26,426,653 (33,825,886) 188,407,564
Charges for Services 1,800 1,800 4,477,163 4,475,363 2,572,201
Investment Earnings - - 2,409 2,409 14,905
Miscellaneous 363,793 6,779,177 1,594,006 (5,185,171) 20,874,561
Total revenues 365,593 86,405,644 37,685,261 (48,720,383) 260,703,223
EXPENDITURES
Current
Instruction 16,318,554 43,064,801 16,706,900 26,357,901 130,265,467
Pupil Services 3,741,059 5,263,945 8,782,330 (3,518,385) 38,799,169
Improvement of Instructional Services - 1,097,693 341,667 756,026 3,236,069
Instructional Staff Training 24,410,261 29,549,901 7,159,944 22,389,957 31,023,752
Educational Media Services 29,802 29,802 4,857 24,945 625,854
Federal Grant Administration 4,452,160 4,840,638 1,724,472 3,116,166 4,836,467
General Administration 179,265 942,589 599,330 343,258 5,078,060
School Administration - - 87,339 98,740 2,397,400
Support Services - Business 10,500 146,500 64,942 81,558 597,576
Maintenance And Operation 136,790 136,858 12,199 124,659 7,316,152
School Safety And Security - 2,855,820 2,637,009 218,811 6,220,551
Student Transportation Service 414,009 1,921,107 563,594 1,357,513 5,525,452
Support Services - Central 21,681 711,848 21,714 690,134 1,434,826
Other Support Services - - 23,897 467,688 467,661
School Nutrition Program - - - - 1,616,511
Enterprise Operations 4,674,000 4,674,000 680,037 3,993,963 3,997,935
Capital Outlays - - - - 20,644,454
Debt Service - - - - -
Total current 54,393,536 95,913,850 39,410,232 56,503,618 264,083,356
Total expenditures 54,393,536 95,913,850 39,410,232 56,503,618 264,083,356
Excess (deficiency) of revenues over expenditures (54,027,943) (9,508,206) (1,724,971) 7,783,235 (3,380,132)
OTHER FINANCING SOURCES (USES)
Operating Transfers From Other Funds 4,774,000 4,774,000 3,200,107 (1,573,893) 8,018,741
Operating Transfers To Other Funds - (134,750) (65,981) 68,769 (32,581,394)
Sale or Compensation for the Loss of Capital Assets - - - - -
Total other financing sources (uses) 4,774,000 4,639,250 3,134,125 (1,505,125) (24,562,652)
Net change in fund balances (49,253,943) (4,868,956) 1,409,155 6,278,110 (27,942,785)
Fund balances - beginning 12,957,881 12,957,881 12,957,881 - 40,900,666
Fund balances - ending $ (36,296,062) $ 8,088,925 $ 14,367,036 $ 6,278,110 12,957,881
Page 12