Monthly Financial
Report
November 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 $1,034,322,861
$1,000,000,000
$992,224,988
$800,000,000
$600,000,000
$400,000,000
$200,000,000
$-
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Budget Actual
Amount Collected Percentage of Budget
Actual $992.3M 61.3%
Benchmark $1.034B 63.9%
Difference $42.1M 2.6%
Revenue Mix
1.10% 18.85% State $591M 31.66%
Local $1B 79.31%
80.05% Other $27M 40.14%
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 $575,701,905.00
$575,686,725.29
$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 $575.7M 35.3%
Benchmark $575.7B 35.3%
Difference $0M 0%
Page 4
GF Budget Utilization by Function
Instruction 35.6%
Pupil Services 33.4%
Improvement of Instructional Services 25.6%
Instructional Staff Training 11.3%
Educational Media Services 35.4%
Federal Grant Administration
General Administration 36.9%
School Administration 38.1%
Support Services - Business 59.9%
Maintenance and Operations 35.4%
School Safety and Security 35.4%
Student Transportation Service 28.0%
Support Services - Central 39.0%
Other Support Services0.3%
School Nutrition Program 0.0%
Enterprise Operations
Capital Outlay 8.5%
Significant Functions Amount Spent Percentage of Total Spend
Instruction $314.8M 55.0%
M&O $79.8M 13.9%
Pupil Services $40.8M 7.1%
All Other Functions,
24.0%
Pupil Services, 7.1%
Instruction, 55.0%
Maintenance And
Operation, 13.9%
Page 5
Fund Balance
Fund Balance
60%
54.9%
50%
52.6%
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 $616.3 37.6% 39.9%
Total $859.7M 52.6% 54.9%
Page 6
DEKALB COUNTY BOARD OF EDUCATION
Balance Sheet
Governmental Funds
November 30, 2025
NONMAJOR TOTAL GOVERNMENTAL
GENERAL FUND CAPITAL PROJECTS FUND DEBT SERVICE FUND SCHOOL NUTRITION FUND GOVERNMENTAL FUNDS FUNDS
Assets
Cash and Cash Equivalents $ 724,469,370 $ 571,441,150 $ - $ 25,652,467 $ 4,428,651 $ 1,325,991,638
Receivable, Net
Taxes 225,544,770 - - - - 225,544,770
State Government 24,681,489 - - - - 24,681,489
Federal Government - - - - 16,390,888 16,390,888
Local - - - - 3,143 3,143
Other - - - 3,090 5,700 8,790
Inventories 1,469,897 - - 1,671,481 - 3,141,378
Total assets and deferred outflows of resources $ 976,165,526 $ 571,441,150 $ - $ 27,327,038 $ 20,828,381 $ 1,595,762,095
Liabilities
Accounts Payable $ 1,058,415 $ - $ - $ 1,873,100 $ 241,255 $ 3,172,770
Salaries & Benefits Payable 54,568,639 - - - - 54,568,639
Payroll Withholdings Payable 60,825,816 - - - - 60,825,816
Unearned/Unavailable Revenue - - - - 722,004 722,004
Total liabilities 116,452,870 - - 1,873,100 963,259 119,289,228
Total liabilities and deferred inflows of resources 116,452,870 - - 1,873,100 963,259 119,289,228
FUND BALANCES
Nonspendable
Reserve for Inventories $ 1,469,897 $ - $ - $ 1,671,481 $ - $ 3,141,378
Restricted
Capital Projects - 539,316,075 - - - 539,316,075
Continuation of Grant Programs - - - 23,782,457 11,034,831 34,817,287
Committed
Reserve 241,906,168 - - - - 241,906,168
Assigned
Capital Projects - 32,125,076 - - - 32,125,076
Student Activity Accounts - - - - 8,830,292 8,830,292
Unassigned
616,336,591 - - - - 616,336,591
Total fund balances 859,712,656 571,441,150 - 25,453,938 19,865,123 1,476,472,867
Total Liabilities, Deferred Inflows
of Resources, and Fund Balances $ 976,165,526 $ 571,441,150 $ - $ 27,327,038 $ 20,828,381 $ 1,595,762,095
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 November 30, 2025
NONMAJOR TOTAL GOVERNMENTAL
GENERAL FUND CAPITAL PROJECTS FUND DEBT SERVICE FUND SCHOOL NUTRITION FUND GOVERNMENTAL FUND FUNDS
REVENUES
Property Taxes $ 794,243,429 $ - $ - $ - $ - $ 794,243,429
Sales Taxes 3,018,058 51,527,484 - - - 54,545,542
State Funds 187,051,880 - - 667,048 11,728,373 199,447,301
Federal Funds - - - 20,817,770 33,313,735 54,131,506
Charges for Services 148,389 - - 209,810 2,921,511 3,279,711
Investment Earnings 7,440,180 9,724,556 - - 2,409 17,167,145
Miscellaneous 323,052 25,077 - 904,525 5,978,915 7,231,568
Total revenues 992,224,988 61,277,117 - 22,599,154 53,944,944 1,130,046,203
EXPENDITURES
Current
Instruction 314,837,045 6,873,162 - - 22,827,876 344,538,083
Pupil Services 40,729,817 - - - 9,631,986 50,361,803
Improvement of Instructional Services 12,364,320 6,582,460 - - 387,997 19,334,777
Instructional Staff Training 131,862 - - - 9,717,788 9,849,650
Educational Media Services 6,870,690 - - - 4,857 6,875,547
Federal Grant Administration - - - - 2,161,916 2,161,916
General Administration 15,278,393 - - - 644,657 15,923,050
School Administration 35,065,790 - - - 111,731 35,177,521
Support Services - Business 8,044,947 - - 53,959 86,874 8,185,781
Maintenance And Operation 79,836,795 832,727 - - 19,590 80,689,112
School Safety And Security 11,164,705 - - - 3,109,680 14,274,385
Student Transportation Service 26,186,935 1,830,387 - - 563,594 28,580,916
Support Services - Central 21,835,757 7,118,621 - - 22,154 28,976,532
Other Support Services 4,114 - - - 123,181 127,295
School Nutrition Program - - - 25,461,320 - 25,461,320
Enterprise Operations 131,218 - - - 757,945 889,164
Capital Outlays
Facilities Acquistion & Construction 85,392 82,272,562 - - - 82,357,954
Total expenditures 572,567,780 105,509,918 - 25,515,279 50,171,827 753,764,805
Excess (deficiency) of revenues over expenditures 419,657,208 (44,232,802) - (2,916,125) 3,773,116 376,281,397
OTHER FINANCING SOURCES (USES)
Operating Transfers From Other Funds - - - - 3,253,808 3,253,808
Operating Transfers To Other Funds (3,134,125) - - - (119,683) (3,253,808)
Sale or Compensation for the Loss of Capital Assets 78,818 - - - - 78,818
Total other financing sources (uses) (3,055,307) - - - 3,134,125 78,818
Net change in fund balances 416,601,901 (44,232,802) - (2,916,125) 6,907,242 376,360,215
Fund balances - beginning 443,110,756 615,673,952 - 28,370,063 12,957,881 1,100,112,652
Fund balances - ending $ 859,712,656 $ 571,441,150 $ - $ 25,453,938 $ 19,865,123 $ 1,476,472,867
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 $ 794,243,429 $ (207,253,541) $ 946,887,449
Sales Taxes 6,000,000 6,000,000 3,018,058 (2,981,942) 8,465,777
State Funds 590,784,324 590,859,679 187,051,880 (403,807,799) 558,627,472
Federal Funds - - - - -
Charges for Services 1,000,000 1,000,000 148,389 (851,611) 1,271,658
Investment Earnings 17,500,000 17,500,000 7,440,180 (10,059,820) 25,443,797
Miscellaneous 2,730,000 2,730,000 323,052 (2,406,948) 3,427,217
Total revenues 1,619,511,295 1,619,586,650 992,224,988 (627,361,662) 1,544,123,370
EXPENDITURES
Current
Instruction 882,624,532 883,339,108 314,837,045 568,502,063 919,354,380
Pupil Services 123,860,091 122,098,116 40,729,817 81,368,299 98,266,441
Improvement of Instructional Services 46,417,154 48,349,660 12,364,320 35,985,340 19,440,348
Instructional Staff Training 1,029,984 1,163,803 131,862 1,031,941 606,613
Educational Media Services 19,245,384 19,413,602 6,870,690 12,542,912 23,982,980
Federal Grant Administration - - - - 23,598
General Administration 43,738,097 41,416,282 15,278,393 26,137,889 57,533,446
School Administration 92,237,118 92,070,106 35,065,790 57,004,316 90,642,207
Support Services - Business 12,819,712 13,425,870 8,044,947 5,380,923 23,469,802
Maintenance And Operation 227,960,722 225,758,269 79,836,795 145,921,473 169,324,234
School Safety And Security 12,437,618 31,518,216 11,164,705 20,353,511 21,696,769
Student Transportation Service 91,918,519 93,660,996 26,186,935 67,474,061 82,898,384
Support Services - Central 55,057,472 55,942,179 21,835,757 34,106,422 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) 131,218 (138,620) 1,015,659
Capital Outlays
Facilities Acquistion & Construction - 1,000,000 85,392 914,608 914,772
Debt Service - - - - -
Total current 1,612,707,789 1,631,102,950 572,567,780 1,058,535,170 1,560,609,351
Total expenditures 1,612,707,789 1,631,102,950 572,567,780 1,058,535,170 1,560,609,351
Excess (deficiency) of revenues over expenditures 6,803,506 (11,516,300) 419,657,208 431,173,508 (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 78,818 (21,182) 139,370
Total other financing sources (uses) (8,000,000) (8,000,000) (3,055,307) 4,944,693 (30,748,667)
Net change in fund balances (1,196,494) (19,516,300) 416,601,901 436,118,201 (47,234,648)
Fund balances - beginning 443,110,756 443,110,756 443,110,756 - 490,345,404
Fund balances - ending $ 441,914,261 $ 423,594,456 $ 859,712,656 $ 436,118,201 $ 443,110,756
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 429,000,000 429,000,000 51,527,484 (377,472,516) 154,532,044
State Funds - - - - 4,554,541
Federal Funds - - - - -
Charges for Services - - - - -
Investment Earnings 1,750,000 1,750,000 9,724,556 7,974,556 28,725,933
Miscellaneous - - 25,077 25,077 340,058
Total revenues 430,750,000 430,750,000 61,277,117 (369,472,883) 188,152,576
EXPENDITURES
Current
Instruction - 58,994,734 6,873,162 52,121,572 23,631,055
Pupil Services - - - - -
Improvement of Instructional Services - 56,340,418 6,582,460 49,757,959 13,344,860
Instructional Staff Training - - - - -
Educational Media Services - - - - -
Federal Grant Administration - - - - -
General Administration - - - - -
School Administration - - - - -
Support Services - Business - - - - -
Maintenance And Operation 10,045,882 10,991,635 832,727 10,158,908 1,801,398
School Safety And Security - - - - -
Student Transportation Service 1,000,000 7,195,773 1,830,387 5,365,386 2,779,790
Support Services - Central 18,000,000 36,990,187 7,118,621 29,871,567 5,127,797
Other Support Services - - - - -
School Nutrition Program - - - - -
Enterprise Operations - - - - -
Capital Outlays
Facilities Acquistion & Construction 373,663,829 974,256,730 82,272,562 891,984,168 200,482,662
Debt Service - 434,566 - 434,566 -
Total current 402,709,712 1,145,204,044 105,509,918 1,039,694,126 247,167,561
Total expenditures 402,709,712 1,145,204,044 105,509,918 1,039,694,126 247,167,561
Excess (deficiency) of revenues over
expenditures 28,040,288 (714,454,044) (44,232,802) 670,221,242 (59,014,986)
OTHER FINANCING SOURCES (USES)
Operating Transfers From Other Funds - - - - 54,986,031
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
Total other financing sources (uses) (83,403,442) (83,403,442) - 83,403,442 56,048,893
Net change in fund balances (55,363,154) (797,857,486) (44,232,802) 753,624,684 (2,966,093)
Fund balances - beginning 615,673,952 615,673,952 615,673,952 - 618,640,045
Fund balances - ending $ 560,310,799 $ (182,183,534) $ 571,441,150 $ 753,624,684 $ 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
Orig Budget Final Budget Actual 2026 Variance with Final Budget Actual 2025
REVENUES
Property Taxes $ - $ - $ - $ - $ -
Sales Taxes - - - - -
State Funds - - 667,048 667,048 1,772,268
Federal Funds 10,357,738 10,357,738 20,817,770 10,460,032 58,982,581
Charges for Services 72,861,878 72,861,878 209,810 (72,652,068) -
Investment Earnings - - - - -
Miscellaneous 612,751 612,751 904,525 291,774 2,164,399
Total revenues 83,832,367 83,832,367 22,599,154 (61,233,214) -
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 - - 53,959 (53,959) 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 25,461,320 60,371,048 63,309,133
Enterprise Operations - - - - -
Capital Outlays -
Facilities Acquistion & Construction - - - - -
Debt Service - - - - -
Total current 85,832,367 85,832,367 25,515,279 60,317,088 63,358,665
Total expenditures 85,832,367 85,832,367 25,515,279 60,317,088 63,358,665
Excess (deficiency) of revenues over expenditures (2,000,000) (2,000,000) (2,916,125) (916,125) (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 (2,916,125) (2,916,125) 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 $ 25,453,938 $ (2,916,125) 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 - 22,894,784 11,728,373 (11,166,411) 48,833,992
Federal Funds - 85,007,060 33,313,735 (51,693,324) 188,407,564
Charges for Services - - 2,921,511 2,921,511 2,572,201
Investment Earnings - - 2,409 2,409 14,905
Miscellaneous 90,320 6,582,133 5,978,915 (603,217) 20,874,561
Total revenues 90,320 114,483,977 53,944,944 (60,539,033) 260,703,223
EXPENDITURES
Current
Instruction 16,280,706 56,055,336 22,827,876 33,227,460 130,265,467
Pupil Services 3,654,143 15,343,793 9,631,986 5,711,807 38,799,169
Improvement of Instructional Services - 1,114,750 387,997 726,753 3,236,069
Instructional Staff Training 24,406,992 32,791,560 9,717,788 23,073,772 31,023,752
Educational Media Services 29,700 25,013 4,857 20,155 625,854
Federal Grant Administration 4,452,160 5,458,591 2,161,916 3,296,675 4,836,467
General Administration 175,254 2,226,147 644,657 1,581,490 5,078,060
School Administration - 186,079 111,731 74,348 2,397,400
Support Services - Business 10,500 146,500 86,874 59,626 597,576
Maintenance And Operation 131,790 122,350 19,590 102,760 7,316,152
School Safety And Security - 2,856,820 3,109,680 (252,860) 6,220,551
Student Transportation Service 405,957 2,004,487 563,594 1,440,893 5,525,452
Support Services - Central 14,700 707,748 22,154 685,594 1,434,826
Other Support Services - 491,585 123,181 368,404 467,661
School Nutrition Program - - - - 1,616,511
Enterprise Operations 4,674,000 4,699,000 757,945 3,941,055 3,997,935
Capital Outlays - - - - 20,644,454
Facilities Acquistion & Construction - - - - -
Debt Service 54,235,900 124,229,759 50,171,827 74,057,931 264,083,356
Total current 54,235,900 124,229,759 50,171,827 74,057,931 264,083,356
Total expenditures (54,145,580) (9,745,782) 3,773,116 13,518,899 (3,380,132)
Excess (deficiency) of revenues over expenditures
OTHER FINANCING SOURCES (USES) 4,774,000 4,774,000 3,253,808 (1,520,192) 8,018,741
Operating Transfers From Other Funds - (134,750) (119,683) 15,067 (32,581,394)
Operating Transfers To Other Funds - - - - -
Sale or Compensation for the Loss of Capital Assets 4,774,000 4,639,250 3,134,125 (1,505,125) (24,562,652)
Total other financing sources (uses)
(49,371,580) (5,106,532) 6,907,242 12,013,774 (27,942,785)
Net change in fund balances 12,957,881 12,957,881 12,957,881 - 40,900,666
Fund balances - beginning $ (36,413,699) $ 7,851,349 $ 19,865,123 $ 12,013,774 $ 12,957,881
Fund balances - ending
Page 12