Monthly Financial
Report
January 31, 2026
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
$1,236,750,445
$1,600,000,000
$1,400,000,000
$1,200,000,000
$1,000,000,000 $1,231,404,611
$800,000,000
$600,000,000
$400,000,000
$200,000,000
$-
Budget Actual
Amount Collected Percentage of Budget
Actual $1.231B 76.1%
Benchmark $1.237B 76.3%
Difference -$5.1M 0.2%
Revenue Mix
1.50% State $591M 50.91%
24.43%
Local $1B 91.08%
74.07%
Other $27M 67.87%
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
$1,400,000,000.00
$1,200,000,000.00
$853,275,515.00
$1,000,000,000.00 $867,991,516.29
$800,000,000.00
$600,000,000.00
$400,000,000.00
$200,000,000.00
$-
Budget Actual
Amount Spent Percentage of Budget
Actual + Transfer Out $853.3M 52.3%
Benchmark $868.0M 52.8%
Difference $14.7M 0.5%
Page 4
GF Budget Utilization by Function
Instruction 53.5%
Pupil Services 50.9%
Improvement of Instructional Services 39.4%
Instructional Staff Training 20.2%
Educational Media Services 60.1%
Federal Grant Administration
General Administration 55.8%
School Administration 56.3%
Support Services - Business 82.6%
Maintenance and Operations 50.3%
School Safety and Security 52.0%
Student Transportation Service 41.0%
Support Services - Central 53.8%
Other Support Services0.3%
School Nutrition Program 0.0%
Enterprise Operations 77.0%
Capital Outlay 27.8%
Significant Functions Amount Spent Percentage of Total Spend
Instruction $472.3M 55.5%
M&O $112.6M 13.2%
Pupil Services $62.1M 7.3%
All Other Functions,
23.9%
Pupil Services, 7.3%
Instruction, 55.5%
Maintenance And
Operation, 13.2%
Page 5
Fund Balance
Fund Balance
60%
50.2%
50%
49.4%
40%
30%
20%
10%
0%
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 $578.0M 35.2% 34.4%
Total $821.4M 50.2% 49.4%
Page 6
DEKALB COUNTY BOARD OF EDUCATION
Balance Sheet
Governmental Funds
January 31, 2026
NONMAJOR TOTAL GOVERNMENTAL
GENERAL FUND CAPITAL PROJECTS FUND DEBT SERVICE FUND SCHOOL NUTRITION FUND GOVERNMENTAL FUNDS FUNDS
Assets
Cash and Cash Equivalents $ 876,420,220 $ 554,320,534 $ - $ 24,653,716 $ (3,678,317) $ 1,451,716,152
Receivable, Net
Taxes 1,775,104 - - - - 1,775,104
State Government 41,135,815 - - - 46,547 41,182,362
Federal Government - - - - 25,017,905 25,017,905
Other - - - 3,090 5,700 8,790
Inventories 1,469,897 - - 1,750,370 - 3,220,267
Total assets and deferred outflows of resources $ 920,801,036 $ 554,320,534 $ - $ 26,407,176 $ 21,391,835 $ 1,522,920,581
Liabilities
Accounts Payable $ 5,970 $ 25,334 $ - $ - $ 57,786 $ 89,090
Salaries & Benefits Payable 56,285,050 - - - - 56,285,050
Payroll Withholdings Payable 43,076,165 - - - - 43,076,165
Unearned/Unavailable Revenue - - - - 722,004 722,004
Total liabilities 99,367,185 25,334 - - 779,789 100,172,309
Total liabilities and deferred inflows of resources 99,367,185 25,334 - - 779,789 100,172,309
FUND BALANCES
Nonspendable
Reserve for Inventories $ 1,469,897 $ - $ - $ 1,750,370 $ - $ 3,220,267
Restricted
Capital Projects - 525,811,104 - - - 525,811,104
Continuation of Grant Programs - - - 24,656,806 14,530,227 39,187,032
Committed
Reserve 241,906,168 - - - - 241,906,168
Assigned
Capital Projects - 28,484,095 - - - 28,484,095
Student Activity Accounts - - - - 6,081,819 6,081,819
Unassigned 578,057,785 - - - - 578,057,785
Total fund balances 821,433,851 554,295,200 - 26,407,176 20,612,046 1,422,748,272
Total Liabilities, Deferred Inflows
of Resources, and Fund Balances $ 920,801,036 $ 554,320,534 $ - $ 26,407,176 $ 21,391,835 $ 1,522,920,581
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 January 31, 2026
NONMAJOR TOTAL GOVERNMENTAL
GENERAL FUND CAPITAL PROJECTS FUND DEBT SERVICE FUND SCHOOL NUTRITION FUND GOVERNMENTAL FUND FUNDS
REVENUES
Property Taxes $ 912,124,642 $ - $ - $ - $ - $ 912,124,642
Sales Taxes 5,036,480 79,668,989 - - - 84,705,468
State Funds 300,799,722 - - 943,944 17,176,902 318,920,568
Federal Funds - - - 30,675,118 48,342,845 79,017,963
Charges for Services 177,164 - - 370,487 4,285,502 4,833,153
Investment Earnings 12,515,156 12,970,623 - - 2,409 25,488,188
Miscellaneous 751,448 25,077 - 1,177,938 8,639,934 10,594,397
Total revenues 1,231,404,611 92,664,689 - 33,167,487 78,447,592 1,435,684,379
EXPENDITURES
Current
Instruction 472,249,991 22,694,569 - - 35,576,890 530,521,449
Pupil Services 62,100,162 - - - 11,432,815 73,532,977
Improvement of Instructional Services 18,992,715 8,744,058 - - 461,524 28,198,298
Instructional Staff Training 256,734 - - - 15,155,216 15,411,950
Educational Media Services 11,659,934 - - - 6,069 11,666,004
Federal Grant Administration - - - - 3,085,145 3,085,145
General Administration 23,087,893 - - - 1,154,369 24,242,263
School Administration 51,873,680 - - - 166,188 52,039,868
Support Services - Business 11,164,755 - - 75,549 127,506 11,367,809
Maintenance And Operation 112,633,878 1,167,174 - - 745,335 114,546,387
School Safety And Security 16,404,039 - - - 4,160,595 20,564,634
Student Transportation Service 38,434,555 1,830,387 - - 568,977 40,833,919
Support Services - Central 30,207,421 8,365,711 - - 29,130 38,602,262
Other Support Services 4,114 - - - 174,539 178,652
School Nutrition Program - - - 35,054,825 - 35,054,825
Enterprise Operations 192,529 - - - 1,083,254 1,275,784
Capital Outlays
Facilities Acquistion & Construction 878,989 111,241,542 - - - 112,120,531
Total expenditures 850,141,390 154,043,441 - 35,130,375 73,927,553 1,113,242,758
Excess (deficiency) of revenues over expenditures 381,263,222 (61,378,753) - (1,962,887) 4,520,039 322,441,621
OTHER FINANCING SOURCES (USES)
Operating Transfers From Other Funds - - - - 3,346,836 3,346,836
Operating Transfers To Other Funds (3,134,125) - - - (212,710) (3,346,836)
Sale or Compensation for the Loss of Capital Assets 193,999 - - - - 193,999
Total other financing sources (uses) (2,940,126) - - - 3,134,125 193,999
Net change in fund balances 378,323,095 (61,378,753) - (1,962,887) 7,654,165 322,635,620
Fund balances - beginning 443,110,756 615,673,952 - 28,370,063 12,957,881 1,100,112,652
Fund balances - ending $ 821,433,851 $ 554,295,200 $ - $ 26,407,176 $ 20,612,046 $ 1,422,748,272
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 $ 912,124,642 $ (89,372,329) $ 946,887,449
Sales Taxes 6,000,000 6,000,000 5,036,480 (963,520) 8,465,777
State Funds 590,784,324 590,859,679 300,799,722 (290,059,957) 558,627,472
Federal Funds - - - - -
Charges for Services 1,000,000 1,000,000 177,164 (822,836) 1,271,658
Investment Earnings 17,500,000 17,500,000 12,515,156 (4,984,844) 25,443,797
Miscellaneous 2,730,000 2,730,000 751,448 (1,978,552) 3,427,217
Total revenues 1,619,511,295 1,619,586,650 1,231,404,611 (388,182,039) 1,544,123,370
EXPENDITURES
Current
Instruction 882,913,598 882,858,485 472,249,991 410,608,494 919,354,380
Pupil Services 123,838,091 121,577,596 62,100,162 59,477,433 98,266,441
Improvement of Instructional Services 46,150,088 48,183,714 18,992,715 29,190,998 19,440,348
Instructional Staff Training 1,029,984 1,350,894 256,734 1,094,160 606,613
Educational Media Services 19,245,384 19,404,852 11,659,934 7,744,918 23,982,980
Federal Grant Administration - - - - 23,598
General Administration 43,738,097 41,717,902 23,087,893 18,630,009 57,533,446
School Administration 92,237,118 92,070,106 51,873,680 40,196,426 90,642,207
Support Services - Business 12,819,712 13,510,399 11,164,755 2,345,644 23,469,802
Maintenance And Operation 227,960,722 223,880,707 112,633,878 111,246,829 169,324,234
School Safety And Security 12,437,618 31,518,216 16,404,039 15,114,177 21,696,769
Student Transportation Service 91,918,519 93,671,341 38,434,555 55,236,786 82,898,384
Support Services - Central 55,057,472 55,996,037 30,207,421 25,788,616 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 1,290,576 250,000 192,529 57,471 1,015,659
Capital Outlays - 3,165,557 878,989 2,286,568 914,772
Total current 1,612,707,789 1,631,109,950 850,141,390 780,968,560 1,560,609,351
Total expenditures 1,612,707,789 1,631,109,950 850,141,390 780,968,560 1,560,609,351
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 100,000 100,000 193,999 93,999 139,370
Total other financing sources (uses) (8,000,000) (8,000,000) (2,940,126) 5,059,874 (30,748,667)
Net change in fund balances (1,196,494) (19,523,300) 378,323,095 397,846,395 (47,234,648)
Fund balances - beginning 443,110,756 443,110,756 443,110,756 - 490,345,404
Fund balances - ending $ 441,914,261 $ 423,587,456 $ 821,433,851 $ 397,846,395 $ 443,110,756
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 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 79,668,989 (349,331,011) 154,532,044
State Funds - - - - 4,554,541
Federal Funds - - - - -
Charges for Services - - - - -
Investment Earnings 1,750,000 1,750,000 12,970,623 11,220,623 28,725,933
Miscellaneous - - 25,077 25,077 340,058
Total revenues 430,750,000 430,750,000 92,664,689 (338,085,311) 188,152,576
EXPENDITURES
Current
Instruction - 58,994,734 22,694,569 36,300,166 23,631,055
Pupil Services - - - - -
Improvement of Instructional Services - 56,340,418 8,744,058 47,596,360 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 1,167,174 9,824,461 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 8,365,711 28,624,477 5,127,797
Other Support Services - - - - -
School Nutrition Program - - - - -
Enterprise Operations - - - - -
Capital Outlays 373,663,829 974,691,296 111,241,542 863,449,753 200,482,662
Total current 402,709,712 1,145,204,044 154,043,441 991,160,603 247,167,561
Total expenditures 402,709,712 1,145,204,044 154,043,441 991,160,603 247,167,561
28,040,288 (714,454,044) (61,378,753) 653,075,291 (59,014,986)
OTHER FINANCING SOURCES (USES)
Operating Transfers From Other Funds
Operating Transfers To Other Funds - - - - 54,986,031
Sale or Compensation for the Loss of Capital Assets (83,403,442) (83,403,442) - 83,403,442 -
Total other financing sources (uses) - - - - 1,062,862
(83,403,442) (83,403,442) - 83,403,442 56,048,893
Net change in fund balances
Fund balances - beginning (55,363,154) (797,857,486) (61,378,753) 736,478,733 (2,966,093)
Fund balances - ending 615,673,952 615,673,952 615,673,952 - 618,640,045
$ 560,310,799 $ (182,183,534) $ 554,295,200 $ 736,478,733 $ 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 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 - - 943,944 943,944 1,772,268
Federal Funds 10,357,738 10,357,738 30,675,118 20,317,380 58,982,581
Charges for Services 72,861,878 72,861,878 370,487 (72,491,391) 631,350
Investment Earnings - - - - -
Miscellaneous 612,751 612,751 1,177,938 565,187 1,533,050
Total revenues 83,832,367 83,832,367 33,167,487 (50,664,880) 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 - - 75,549 (75,549) 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 35,054,825 50,777,542 63,309,133
Enterprise Operations - - - - -
Capital Outlays - - - - -
Total current 85,832,367 85,832,367 35,130,375 50,701,993 63,358,665
Total expenditures 85,832,367 85,832,367 35,130,375 50,701,993 63,358,665
(2,000,000) (2,000,000) (1,962,887) 37,113 (439,417)
OTHER FINANCING SOURCES (USES)
Operating Transfers From Other Funds
Operating Transfers To Other Funds 2,000,000 2,000,000 - (2,000,000) 464,659
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
Fund balances - beginning - - (1,962,887) (1,962,887) 25,242
Fund balances - ending 28,370,063 28,370,063 28,370,063 - 28,344,821
$ 28,370,063 $ 28,370,063 $ 26,407,176 $ (1,962,887) $ 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 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 - 27,095,476 17,176,902 (9,918,573) 48,833,992
Federal Funds - 85,331,009 48,342,845 (36,988,164) 188,407,564
Charges for Services - - 4,285,502 4,285,502 2,572,201
Investment Earnings - - 2,409 2,409 14,905
Miscellaneous 90,320 6,596,643 8,639,934 2,043,291 20,874,561
Total revenues 90,320 119,023,127 78,447,592 (40,575,535) 260,703,223
EXPENDITURES
Current
Instruction 16,280,706 58,997,120 35,576,890 23,420,231 130,265,467
Pupil Services 3,654,143 16,263,749 11,432,815 4,830,934 38,799,169
Improvement of Instructional Services - 1,240,030 461,524 778,506 3,236,069
Instructional Staff Training 24,406,992 33,349,542 15,155,216 18,194,326 31,023,752
Educational Media Services 29,700 25,013 6,069 18,943 625,854
Federal Grant Administration 4,452,160 5,458,590 3,085,145 2,373,445 4,836,467
General Administration 175,254 2,216,208 1,154,369 1,061,839 5,078,060
School Administration - 186,079 166,188 19,891 2,397,400
Support Services - Business 10,500 146,500 127,506 18,994 597,576
Maintenance And Operation 131,790 121,799 745,335 (623,536) 7,316,152
School Safety And Security - 2,856,820 4,160,595 (1,303,775) 6,220,551
Student Transportation Service 405,957 2,014,206 568,977 1,445,229 5,525,452
Support Services - Central 14,700 707,748 29,130 678,618 1,434,826
Other Support Services - 491,585 174,539 317,046 467,661
School Nutrition Program - - - - 1,616,511
Enterprise Operations 4,674,000 4,699,000 1,083,254 3,615,746 3,997,935
Capital Outlays - - - - 20,644,454
Total current 54,235,900 128,773,990 73,927,553 54,846,437 264,083,356
Total expenditures 54,235,900 128,773,990 73,927,553 54,846,437 264,083,356
Excess (deficiency) of revenues over expenditures (54,145,580) (9,750,862) 4,520,039 14,270,902 (3,380,132)
OTHER FINANCING SOURCES (USES)
Operating Transfers From Other Funds 4,774,000 4,779,080 3,346,836 (1,432,245) 8,018,741
Operating Transfers To Other Funds - (134,750) (212,710) (77,960) (32,581,394)
Sale or Compensation for the Loss of Capital Assets - - - - -
Total other financing sources (uses) 4,774,000 4,644,330 3,134,125 (1,510,205) (24,562,652)
Net change in fund balances (49,371,580) (5,106,532) 7,654,165 12,760,697 (27,942,785)
Fund balances - beginning 12,957,881 12,957,881 12,957,881 - 40,900,666
Fund balances - ending $ (36,413,699) $ 7,851,349 $ 20,612,046 $ 12,760,697 $ 12,957,881
The notes to financial statements are an integral part of this statement.
Page 12