Monthly Financial
Report
March 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
$1,389,239,708
$1,600,000,000
$1,400,000,000
$1,200,000,000
$1,384,081,406
$1,000,000,000
$800,000,000
$600,000,000
$400,000,000
$200,000,000
$- $-
te
Ju ne Ju ly Au
st Oc m
to be
be r
r Mar
April May Ju ne
gu
No
Deve
ce m
m be
be r
r ch
Se Ja
Fe nu ary
p brua ry
Budget Actual
Amount Collected Percentage of Budget
Actual $1.389B 85.8%
Benchmark $1.384B 85.5%
Difference +$5M +0.3%
Revenue Mix
1.86% State $591M 73.41%
31.22%
Local $1B 92.83%
66.92%
Other $27M 94.69%
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
$1,147,331,535.47
$1,400,000,000.00
$1,172,498,938.94
$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
$-
Ju st te Oc to Ja ru M Ap M Ju
ly Au m be r nu ary ar ril ay ne
gu ber
Nove m ar ch
De be r y Fe b
Se p
cem be r
Budget Actual
Amount Spent Percentage of Budget
Actual + Transfer Out $1.147B 70.3%
Benchmark $1.172B 71.2%
Difference -$25M -0.9%
Page 4
GF Budget Utilization by Function
Instruction 74.3%
Pupil Services 68.6%
Improvement of Instructional Services 53.8%
Instructional Staff Training 27.0%
Educational Media Services 83.7%
Federal Grant Administration
General Administration 77.5%
School Administration 74.2%
Support Services - Business 106.8%
Maintenance and Operations 61.0%
School Safety and Security 67.4%
Student Transportation Service 55.1%
Support Services - Central 68.5%
Other Support Services0.3%
School Nutrition Program 0.0%
Enterprise Operations 106.2%
Capital Outlay 27.2%
Significant Functions Amount Spent Percentage of Total Spend
Instruction $652.1M 57.0%
M&O $140.3M 12.3%
Pupil Services $85.2M 7.4%
All Other Functions,
23.3%
Pupil Services, 7.4%
Instruction, 57.0%
Maintenance And
Operation, 12.3%
Page 5
Fund Balance
Fund Balance
60%
50%
41.8%
40%
39.8%
30%
20%
10%
0%
Ju Ju ly
st te Oc Nove Ja ru M Ap M Ju
ne Au m to m nu ary ar ril ay ne
gu ber be be r ar ch
rDe cem y Fe b
Se p be r
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 $439.5M 26.8% 24.8%
Total $682.9M 41.8% 39.8%
Page 6
DEKALB COUNTY BOARD OF EDUCATION
Balance Sheet
Governmental Funds
March 31, 2026
NONMAJOR TOTAL GOVERNMENTAL
GENERAL FUND CAPITAL PROJECTS FUND DEBT SERVICE FUND SCHOOL NUTRITION FUND GOVERNMENTAL FUNDS FUNDS
Assets
Cash and Cash Equivalents $ 734,559,772 $ 544,964,170 $ - $ 22,693,398 $ 4,611,848 $ 1,306,829,187
Receivable, Net
State Government 57,590,141 - - - 1,535,654 59,125,795
Federal Government - - - - 14,502,359 14,502,359
Other 18,884,579 - - 3,090 25,700 18,913,369
Inventories 1,469,897 - - 1,821,045 - 3,290,942
Total assets and deferred outflows of resources $ 812,504,389 $ 544,964,170 $ - $ 24,517,533 $ 20,675,561 $ 1,402,661,653
Liabilities
Accounts Payable $ 64,172 $ 220,838 $ - $ - $ 92,478 $ 377,489
Salaries & Benefits Payable 75,463,665 - - - - 75,463,665
Payroll Withholdings Payable 54,151,573 - - - - 54,151,573
Unearned/Unavailable Revenue - - - - 722,004 722,004
Total liabilities 129,679,410 220,838 - - 814,482 130,714,730
Total liabilities and deferred inflows of resources 129,679,410 220,838 - - 814,482 130,714,730
FUND BALANCES
Nonspendable
Reserve for Inventories $ 1,469,897 $ - $ - $ 1,821,045 $ - $ 3,290,942
Restricted
Capital Projects - 516,906,465 - - - 516,906,465
Continuation of Grant Programs - - - 22,696,488 8,841,864 31,538,352
Committed
Reserve 241,906,168 - - - - 241,906,168
Assigned
Capital Projects - 27,836,867 - - - 27,836,867
Student Activity Accounts - - - - 11,019,215 11,019,215
Unassigned 439,448,914 - - - - 439,448,914
Total fund balances 682,824,979 544,743,331 - 24,517,533 19,861,079 1,271,946,923
Total Liabilities, Deferred Inflows
of Resources, and Fund Balances $ 812,504,389 $ 544,964,170 $ - $ 24,517,533 $ 20,675,561 $ 1,402,661,653
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 March 31, 2026
NONMAJOR TOTAL GOVERNMENTAL
GENERAL FUND CAPITAL PROJECTS FUND DEBT SERVICE FUND SCHOOL NUTRITION FUND GOVERNMENTAL FUND FUNDS
REVENUES
Property Taxes $ 929,718,138 $ - $ - $ - $ - $ 929,718,138
Sales Taxes 7,604,286 103,783,105 - - - 111,387,391
State Funds 433,737,160 - - 1,220,840 24,320,116 459,278,116
Federal Funds - - - 41,949,819 67,478,060 109,427,879
Charges for Services 323,257 - - 489,183 5,775,292 6,587,732
Investment Earnings 16,924,968 16,012,592 - - 2,409 32,939,969
Miscellaneous 931,898 265,701 - 1,756,745 12,708,486 15,662,831
Total revenues 1,389,239,708 120,061,399 - 45,416,587 110,284,362 1,665,002,056
EXPENDITURES
Current
Instruction 652,106,808 22,884,339 - - 49,888,977 724,880,124
Pupil Services 85,222,209 - - - 16,344,521 101,566,730
Improvement of Instructional Services 25,812,904 12,240,239 - - 605,959 38,659,102
Instructional Staff Training 400,996 - - - 20,680,332 21,081,328
Educational Media Services 16,010,273 - - - 6,069 16,016,343
Federal Grant Administration - - - - 3,939,703 3,939,703
General Administration 29,778,894 - - - 1,293,527 31,072,421
School Administration 68,339,093 - - - 220,973 68,560,067
Support Services - Business 14,316,956 - - 97,139 171,210 14,585,304
Maintenance And Operation 140,258,133 1,557,774 - - 777,602 142,593,509
School Safety And Security 21,238,442 - - - 5,568,958 26,807,400
Student Transportation Service 51,476,357 1,830,387 - - 4,703,515 58,010,259
Support Services - Central 37,901,441 8,971,841 - - 33,858 46,907,140
Other Support Services 4,114 - - - 238,591 242,705
School Nutrition Program - - - 49,171,979 - 49,171,979
Enterprise Operations 265,393 - - - 1,972,693 2,238,086
Capital Outlays
Facilities Acquistion & Construction 878,989 143,675,149 - - 87,500 144,641,638
Total expenditures 1,144,011,003 191,159,728 - 49,269,117 106,533,989 1,490,973,837
Excess (deficiency) of revenues over expenditures 245,228,705 (71,098,329) - (3,852,530) 3,750,373 174,028,219
OTHER FINANCING SOURCES (USES)
Operating Transfers From Other Funds - 167,708 - - 3,702,394 3,870,101
Operating Transfers To Other Funds (3,320,532) - - - (549,569) (3,870,101)
Sale or Compensation for the Loss of Capital Assets 403,789 - - - - 403,789
Total other financing sources (uses) (2,916,743) 167,708 - - 3,152,824 403,789
Net change in fund balances 242,311,962 (70,930,621) - (3,852,530) 6,903,197 174,432,009
Fund balances - beginning 440,513,017 615,673,952 - 28,370,063 12,957,881 1,097,514,913
Fund balances - ending $ 682,824,979 $ 544,743,331 $ - $ 24,517,533 $ 19,861,079 $ 1,271,946,922
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 $ 929,718,138 $ (71,778,833) $ 946,887,449
Sales Taxes 6,000,000 6,000,000 7,604,286 1,604,286 8,465,777
State Funds 590,784,324 590,859,679 433,737,160 (157,122,519) 558,627,472
Federal Funds - - - - -
Charges for Services 1,000,000 1,000,000 323,257 (676,743) 1,271,658
Investment Earnings 17,500,000 17,500,000 16,924,968 (575,032) 25,443,797
Miscellaneous 2,730,000 2,730,000 931,898 (1,798,102) 3,427,217
Total revenues 1,619,511,295 1,619,586,650 1,389,239,708 (230,346,942) 1,544,123,370
EXPENDITURES
Current
Instruction 875,157,860 877,901,955 652,106,808 225,795,147 919,354,380
Pupil Services 131,593,829 124,224,134 85,222,209 39,001,925 98,266,441
Improvement of Instructional Services 46,150,088 47,969,728 25,812,904 22,156,824 19,440,348
Instructional Staff Training 1,029,984 1,486,985 400,996 1,085,989 606,613
Educational Media Services 19,245,384 19,126,855 16,010,273 3,116,582 23,982,980
Federal Grant Administration - - - - 23,598
General Administration 43,738,097 38,426,980 29,778,894 8,648,086 57,533,446
School Administration 92,237,118 92,067,606 68,339,093 23,728,513 90,642,207
Support Services - Business 12,819,712 13,402,065 14,316,956 (914,891) 23,469,802
Maintenance And Operation 227,893,722 229,895,284 140,258,133 89,637,151 169,324,234
School Safety And Security 12,437,618 31,518,216 21,238,442 10,279,774 21,696,769
Student Transportation Service 91,918,519 93,479,645 51,476,357 42,003,288 82,898,384
Support Services - Central 55,057,472 55,323,699 37,901,441 17,422,258 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 1,290,576 250,000 265,393 (15,393) 1,015,659
Capital Outlays
Facilities Acquisition & Construction 67,000 3,232,557 878,989 2,353,568 914,772
Total current 1,612,707,789 1,630,259,853 1,144,011,003 486,248,850 1,560,609,351
Total expenditures 1,612,707,789 1,630,259,853 1,144,011,003 486,248,850 1,560,609,351
Excess (deficiency) of revenues over expenditures 6,803,506 (10,673,203) 245,228,705 255,901,908 (16,485,981)
OTHER FINANCING SOURCES (USES)
Operating Transfers From Other Funds - - - - 31,478,428
Operating Transfers To Other Funds (8,100,000) (8,450,000) (3,320,532) 5,129,468 (64,964,205)
Sale or Compensation for the Loss of Capital Assets 100,000 100,000 403,789 303,789 139,370
Total other financing sources (uses) (8,000,000) (8,350,000) (2,916,743) 5,433,257 (33,346,406)
Net change in fund balances (1,196,494) (19,023,203) 242,311,962 261,335,165 (49,832,387)
Fund balances - beginning 440,513,017 440,513,017 440,513,017 - 490,345,404
Fund balances - ending $ 439,316,523 $ 421,489,814 $ 682,824,979 $ 261,335,165 $ 440,513,017
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 429,000,000 429,000,000 103,783,105 (325,216,895) 154,532,044
State Funds - - - - 4,554,541
Federal Funds - - - - -
Charges for Services - - - - -
Investment Earnings 1,750,000 1,750,000 16,012,592 14,262,592 28,725,933
Miscellaneous - - 265,701 265,701 340,058
Total revenues 430,750,000 430,750,000 120,061,399 (310,688,601) 188,152,576
EXPENDITURES
Current
Instruction - 58,994,734 22,884,339 36,110,396 23,631,055
Pupil Services - - - - -
Improvement of Instructional Services - 56,854,061 12,240,239 44,613,822 13,344,860
Instructional Staff Training - - - - -
Educational Media Services - - - - -
Federal Grant Administration - - - - -
General Administration - - - - -
School Administration - - - - -
Support Services - Business - - - - -
Maintenance And Operation 9,954,118 9,008,365 1,557,774 7,450,591 1,801,398
School Safety And Security - - - - -
Student Transportation Service (1,000,000) 5,748,403 1,830,387 3,918,016 2,779,790
Support Services - Central 18,000,000 36,990,187 8,971,841 28,018,347 5,127,797
Other Support Services - - - - -
School Nutrition Program - - - - -
Enterprise Operations - - - - -
Capital Outlays
Facilities Acquisition & Construction 29,491,977 827,706,087 143,675,149 684,030,938 200,482,662
Total current 56,446,094 995,301,837 191,159,728 804,142,109 247,167,561
Total expenditures 56,446,094 995,301,837 191,159,728 804,142,109 247,167,561
Excess (deficiency) of revenues over expenditures 374,303,906 (564,551,837) (71,098,329) 493,453,508 (59,014,986)
OTHER FINANCING SOURCES (USES)
Operating Transfers From Other Funds - - 167,708 167,708 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 83,403,442 167,708 (83,235,734) 56,048,893
Net change in fund balances 457,707,348 (481,148,395) (70,930,621) 410,217,774 (2,966,093)
Fund balances - beginning 615,673,952 615,673,952 615,673,952 - 618,640,045
Fund balances - ending $ 1,073,381,300 $ 134,525,557 $ 544,743,331 $ 410,217,774 $ 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 - - 1,220,840 1,220,840 1,772,268
Federal Funds 10,357,738 10,357,738 41,949,819 31,592,081 58,982,581
Charges for Services 72,861,878 72,861,878 489,183 (72,372,696) 631,350
Investment Earnings - - - - -
Miscellaneous 612,751 612,751 1,756,745 1,143,994 1,533,050
Total revenues 83,832,367 83,832,367 45,416,587 (38,415,780) 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 - - 97,139 (97,139) 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 49,171,979 36,660,389 63,309,133
Enterprise Operations - - - - -
Capital Outlays
Facilities Acquisition & Construction - - - - -
Total current 85,832,367 85,832,367 49,269,117 36,563,250 63,358,665
Total expenditures 85,832,367 85,832,367 49,269,117 36,563,250 63,358,665
Excess (deficiency) of revenues over expenditures (2,000,000) (2,000,000) (3,852,530) (1,852,530) (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 - - (3,852,530) (3,852,530) 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 $ 24,517,533 $ (3,852,530) $ 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 - 33,964,098 24,320,116 (9,643,982) 48,833,992
Federal Funds - 153,727,229 67,478,060 (86,249,169) 188,407,787
Charges for Services - - 5,775,292 5,775,292 2,572,201
Investment Earnings - - 2,409 2,409 14,905
Miscellaneous 90,320 8,239,692 12,708,486 4,468,794 18,276,821
Total revenues 90,320 195,931,018 110,284,362 (85,646,656) 258,105,706
EXPENDITURES
Current
Instruction 16,280,706 72,573,155 49,888,977 22,684,178 130,265,689
Pupil Services 3,654,143 21,398,551 16,344,521 5,054,029 38,799,169
Improvement of Instructional Services - 1,512,131 605,959 906,172 3,236,069
Instructional Staff Training 24,406,992 52,715,970 20,680,332 32,035,638 31,023,752
Educational Media Services 29,700 33,709 6,069 27,640 625,854
Federal Grant Administration 4,452,160 5,985,103 3,939,703 2,045,399 4,836,467
General Administration 175,254 5,036,590 1,293,527 3,743,063 5,078,060
School Administration - 186,079 220,973 (34,894) 2,397,400
Support Services - Business 10,500 146,500 171,210 (24,710) 597,576
Maintenance And Operation 131,790 467,566 777,602 (310,036) 7,316,152
School Safety And Security - 8,988,270 5,568,958 3,419,312 6,220,551
Student Transportation Service 405,957 30,896,436 4,703,515 26,192,921 5,525,452
Support Services - Central 14,700 707,748 33,858 673,891 1,434,826
Other Support Services - 491,585 238,591 252,993 467,661
School Nutrition Program - - - - 1,616,511
Enterprise Operations 4,674,000 4,719,000 1,972,693 2,746,307 3,997,935
Capital Outlays
Facilities Acquisition & Construction - 175,000 87,500 87,500 20,644,454
Total current 54,235,900 206,033,392 106,533,989 99,499,403 264,083,578
Total expenditures 54,235,900 206,033,392 106,533,989 99,499,403 264,083,578
Excess (deficiency) of revenues over expenditures (54,145,580) (10,102,374) 3,750,373 13,852,747 (5,977,872)
OTHER FINANCING SOURCES (USES)
Operating Transfers From Other Funds 4,774,000 5,129,080 3,702,394 (1,426,687) 10,616,481
Operating Transfers To Other Funds - (134,750) (549,569) (414,819) (32,581,394)
Sale or Compensation for the Loss of Capital Assets - - - - -
Total other financing sources (uses) 4,774,000 4,994,330 3,152,824 (1,841,506) (21,964,912)
Net change in fund balances (49,371,580) (5,108,043) 6,903,197 12,011,241 (27,942,785)
Fund balances - beginning 12,957,881 12,957,881 12,957,881 - 40,900,666
Fund balances - ending $ (36,413,699) $ 7,849,838 $ 19,861,079 $ 12,011,241 $ 12,957,881
The notes to financial statements are an integral part of this statement.
Page 12