Monthly Financial
Report
April 30, 2026
FISCAL YEAR 2026
DeKalb County School District
Byron Schueneman, Chief Financial Officer
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
2
Key Performance Indicators
General Fund Revenues
GF Revenue - Budget to Actual $1,638,471,229
$1,800,000,000
$1,489,845,896
$1,600,000,000
$1,400,000,000
$1,200,000,000 $1,469,552,286
$1,000,000,000
$800,000,000
$600,000,000
$400,000,000
$200,000,000
$- $-
te
Ju ne Ju ly Au
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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 $1.470B 89.7%
Benchmark $1.490B 90.8%
Difference -$20M -1.1%
Revenue Mix
1.94% State $610M 80.49%
33.41%
Local $1B 94.85%
64.66%
Other $27M 104.58%
State Local Other Received Remaining
3
General Fund Expenses
GF Expense - Budget to Actual
$1,800,000,000
$1,665,605,469
$1,600,000,000
$1,347,679,244 $1,325,081,415
$1,400,000,000
$1,200,000,000
$1,000,000,000
$800,000,000
$600,000,000
$400,000,000
$200,000,000
$-
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 $1.325B 79.6%
Benchmark $1.348B 80.6%
Difference -$23M -1.0%
4
GF Budget Utilization by Function
Instruction 84.7%
Pupil Services 77.9%
Improvement of Instructional Services 62.0%
Instructional Staff Training 32.8%
Educational Media Services 95.2%
Federal Grant Administration
General Administration 87.2%
School Administration 83.4%
Support Services - Business 84.3%
Maintenance and Operations 67.1%
School Safety and Security 76.4%
Student Transportation Service 66.6%
Support Services - Central 83.7%
Other Support Services0.4%
School Nutrition Program 79.9%
Enterprise Operations 122.2%
Capital Outlay 46.8%
Significant Functions Amount Spent Percentage of Total Spend
Instruction $756.1M 57.2%
M&O $156.3M 11.8%
Pupil Services $98.3M 7.4%
All Other Functions,
23.5%
Pupil Services, 7.4%
Instruction, 57.2%
Maintenance And
Operation, 11.8%
5
Fund Balance
Fund Balance
60%
50%
40% 35.8%
30% 35.8%
25.4%
20%
22.7%
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 $341.6M 20.8% 20.8%
Total $585M 35.8% 35.8%
6
DEKALB COUNTY BOARD OF EDUCATION
Balance Sheet
Governmental Funds
April 30, 2026
NONMAJOR TOTAL GOVERNMENTAL
GENERAL FUND CAPITAL PROJECTS FUND DEBT SERVICE FUND SCHOOL NUTRITION FUND GOVERNMENTAL FUNDS FUNDS
Assets
Cash and Cash Equivalents $ 657,764,232 $ 541,983,323 $ - $ 25,197,062 $ (9,022,264) $ 1,215,922,352
Receivable, Net
Taxes 2,327,112 - - - - 2,327,112
State Government 65,817,304 - - - 2,692,490 68,509,794
Federal Government - - - - 25,730,309 25,730,309
Other - - - 3,090 5,700 8,790
Inventories 1,469,897 - - 1,821,045 - 3,290,942
Total assets and deferred outflows of resources $ 727,378,545 $ 541,983,323 $ - $ 27,021,197 $ 19,406,235 $ 1,315,789,300
Liabilities
Accounts Payable $ 93,294 $ 3,418,544 $ - $ 604,890 $ 18,592 $ 4,135,320
Salaries & Benefits Payable 85,015,758 - - - - 85,015,758
Payroll Withholdings Payable 57,285,606 - - - - 57,285,606
Unearned/Unavailable Revenue - - - - 722,004 722,004
Total liabilities 142,394,658 3,418,544 - 604,890 740,596 147,158,688
Total liabilities and deferred inflows of resources 142,394,658 3,418,544 - 604,890 740,596 147,158,688
FUND BALANCES
Nonspendable
Reserve for Inventories $ 1,469,897 $ - $ - $ 1,821,045 $ - $ 3,290,942
Restricted
Capital Projects - 510,787,523 - - - 510,787,523
Continuation of Grant Programs - - - 24,595,262 7,446,899 32,042,160
Committed
Reserve 241,906,168 - - - - 241,906,168
Assigned
Capital Projects - 27,777,256 - - - 27,777,256
Student Activity Accounts - - - - 11,218,741 11,218,741
Unassigned 341,607,822 - - - - 341,607,822
Total fund balances 584,983,887 538,564,779 - 26,416,307 18,665,639 1,168,630,612
Total Liabilities, Deferred Inflows
of Resources, and Fund Balances $ 727,378,546 $ 541,983,323 $ - $ 27,021,197 $ 19,406,235 $ 1,315,789,300
The notes to financial statements are an integral part of this statement.
7
DEKALB COUNTY BOARD OF EDUCATION
Statement of Revenues, Expenditures and Changes in Fund Balances
Governmental Funds
For the Period Ended April 30, 2026
NONMAJOR TOTAL GOVERNMENTAL
GENERAL FUND CAPITAL PROJECTS FUND DEBT SERVICE FUND SCHOOL NUTRITION FUND GOVERNMENTAL FUND FUNDS
REVENUES
Property Taxes $ 949,875,422 $ - $ - $ - $ - $ 949,875,422
Sales Taxes 8,217,231 116,714,046 - - - 124,931,276
State Funds 490,763,575 - - 1,359,288 27,184,606 519,307,469
Federal Funds - - - 49,034,197 81,137,510 130,171,707
Charges for Services 386,926 - - 574,468 6,552,145 7,513,538
Investment Earnings 18,823,641 17,534,952 - 13,675 2,409 36,374,676
Miscellaneous 1,050,386 317,235 - 1,911,651 15,180,393 18,459,664
Total revenues 1,469,117,180 134,566,232 - 52,893,279 130,057,063 1,786,633,754
EXPENDITURES
Current
Instruction 756,136,708 22,947,372 - - 59,268,597 838,352,676
Pupil Services 98,300,182 - - - 19,258,876 117,559,059
Improvement of Instructional Services 29,895,526 13,323,167 - - 1,061,824 44,280,517
Instructional Staff Training 496,154 - - - 24,057,418 24,553,572
Educational Media Services 18,634,705 - - - 7,552 18,642,258
Federal Grant Administration - - - - 4,345,571 4,345,571
General Administration 33,959,322 - - - 1,358,884 35,318,207
School Administration 78,087,248 - - - 249,634 78,336,883
Support Services - Business 16,214,666 - - 107,934 193,694 16,516,294
Maintenance And Operation 156,305,570 1,741,082 - - 789,343 158,835,996
School Safety And Security 24,711,406 - - - 6,112,618 30,824,024
Student Transportation Service 63,384,152 3,621,609 - - 8,603,388 75,609,149
Support Services - Central 42,083,029 9,275,841 - - 40,758 51,399,628
Other Support Services 7,219 - - - 284,279 291,498
School Nutrition Program 1,337,586 - - 54,739,101 - 56,076,687
Enterprise Operations 305,419 - - - 2,132,191 2,437,610
Capital Outlays
Facilities Acquistion & Construction 1,551,989 160,934,042 - - 87,500 162,573,531
Total expenditures 1,321,410,883 211,843,113 - 54,847,035 127,852,129 1,715,953,160
Excess (deficiency) of revenues over expenditures 147,706,297 (77,276,881) - (1,953,756) 2,204,933 70,680,594
OTHER FINANCING SOURCES (USES)
Operating Transfers From Other Funds - 167,708 - - 4,168,120 4,335,827
Operating Transfers To Other Funds (3,670,532) - - - (665,295) (4,335,827)
Sale or Compensation for the Loss of Capital Assets 435,106 - - - - 435,106
Total other financing sources (uses) (3,235,427) 167,708 - - 3,502,824 435,106
Net change in fund balances 144,470,870 (77,109,173) - (1,953,756) 5,707,758 71,115,699
Fund balances - beginning 440,513,017 615,673,952 - 28,370,063 12,957,881 1,097,514,913
Fund balances - ending $ 584,983,887 $ 538,564,779 $ - $ 26,416,307 $ 18,665,639 $ 1,168,630,612
The notes to financial statements are an integral part of this statement.
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 $ 949,875,422 $ (51,621,549) $ 946,887,449
Sales Taxes 6,000,000 6,000,000 8,217,231 2,217,231 8,465,777
State Funds 590,784,324 609,744,258 490,763,575 (118,980,683) 558,627,472
Federal Funds - - - - -
Charges for Services 1,000,000 1,000,000 386,926 (613,074) 1,271,658
Investment Earnings 17,500,000 17,500,000 18,823,641 1,323,641 25,443,797
Miscellaneous 2,730,000 2,730,000 1,050,386 (1,679,614) 3,427,217
Total revenues 1,619,511,295 1,638,471,229 1,469,117,180 (169,354,049) 1,544,123,370
EXPENDITURES
Current
Instruction 875,157,860 892,524,267 756,136,708 136,387,559 919,354,380
Pupil Services 131,593,829 126,178,986 98,300,182 27,878,804 98,266,441
Improvement of Instructional Services 46,150,088 48,190,367 29,895,526 18,294,841 19,440,348
Instructional Staff Training 1,029,984 1,513,599 496,154 1,017,445 606,613
Educational Media Services 19,245,384 19,579,273 18,634,705 944,568 23,982,980
Federal Grant Administration - - - - 23,598
General Administration 43,738,097 38,940,098 33,959,322 4,980,775 57,533,446
School Administration 92,237,118 93,576,238 78,087,248 15,488,989 90,642,207
Support Services - Business 12,819,712 19,230,846 16,214,666 3,016,180 23,469,802
Maintenance And Operation 227,893,722 232,774,590 156,305,570 76,469,020 169,324,234
School Safety And Security 12,437,618 32,361,914 24,711,406 7,650,508 21,696,769
Student Transportation Service 91,918,519 95,160,010 63,384,152 31,775,857 82,898,384
Support Services - Central 55,057,472 50,262,497 42,083,029 8,179,468 51,003,878
Other Support Services 1,734,444 1,620,882 7,219 1,613,662 29,994
School Nutrition Program 336,368 1,673,954 1,337,586 336,368 405,846
Enterprise Operations 1,290,576 250,000 305,419 (55,419) 1,015,659
Capital Outlays
Facilities Acquisition & Construction 67,000 3,317,949 1,551,989 1,765,960 914,772
Debt Service - - - - -
Total current 1,612,707,789 1,657,155,469 1,321,410,883 335,744,586 1,560,609,351
Total expenditures 1,612,707,789 1,657,155,469 1,321,410,883 335,744,586 1,560,609,351
Excess (deficiency) of revenues over expenditures 6,803,506 (18,684,240) 147,706,297 166,390,538 (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) (3,670,532) 4,779,468 (64,964,205)
Sale or Compensation for the Loss of Capital Assets 100,000 100,000 435,106 335,106 139,370
Total other financing sources (uses) (8,000,000) (8,350,000) (3,235,427) 5,114,573 (33,346,406)
Net change in fund balances (1,196,494) (27,034,240) 144,470,870 171,505,111 (49,832,387)
Fund balances - beginning 440,513,017 440,513,017 440,513,017 - 490,345,404
Fund balances - ending $ 439,316,523 $ 413,478,776 $ 584,983,887 $ 171,505,111 $ 440,513,017
The notes to financial statements are an integral part of this statement.
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 429,000,000 429,000,000 116,714,046 (312,285,954) 154,532,044
State Funds - - - - 4,554,541
Federal Funds - - - - -
Charges for Services - - - - -
Investment Earnings 1,750,000 1,750,000 17,534,952 15,784,952 28,725,933
Miscellaneous - - 317,235 317,235 340,058
Total revenues 430,750,000 430,750,000 134,566,232 (296,183,768) 188,152,576
EXPENDITURES
Current
Instruction - 58,994,734 22,947,372 36,047,363 23,631,055
Pupil Services - - - - -
Improvement of Instructional Services - 56,854,061 13,323,167 43,530,893 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 1,741,082 7,267,283 1,801,398
School Safety And Security - - - - -
Student Transportation Service (1,000,000) 5,748,403 3,621,609 2,126,794 2,779,790
Support Services - Central 18,000,000 37,042,187 9,275,841 27,766,347 5,127,797
Other Support Services - - - - -
School Nutrition Program - - - - -
Enterprise Operations - - - - -
Capital Outlays
Facilities Acquisition & Construction 29,491,977 827,654,087 160,934,042 666,720,044 200,482,662
Debt Service 434,566 - - - -
Total current 56,880,660 995,301,837 211,843,113 783,458,724 247,167,561
Total expenditures 56,880,660 995,301,837 211,843,113 783,458,724 247,167,561
Excess (deficiency) of revenues over expenditures 373,869,340 (564,551,837) (77,276,881) 487,274,956 (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 457,272,782 (481,148,395) (77,109,173) 404,039,222 (2,966,093)
Fund balances - beginning 615,673,952 615,673,952 615,673,952 - 618,640,045
Fund balances - ending $ 1,072,946,734 $ 134,525,557 $ 538,564,779 $ 404,039,222 $ 615,673,952
The notes to financial statements are an integral part of this statement.
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 - - 1,359,288 1,359,288 1,772,268
Federal Funds 10,357,738 10,357,738 49,034,197 38,676,459 58,982,581
Charges for Services 72,861,878 72,861,878 574,468 (72,287,410) 631,350
Investment Earnings - - 13,675 13,675 -
Miscellaneous 612,751 612,751 1,911,651 1,298,900 1,533,050
Total revenues 83,832,367 83,832,367 52,893,279 (30,939,088) 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 - - 107,934 (107,934) 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 54,739,101 31,093,266 63,309,133
Enterprise Operations - - - - -
Capital Outlays
Facilities Acquisition & Construction - - - - -
Debt Service - - - - -
Total current 85,832,367 85,832,367 54,847,035 30,985,333 63,358,665
Total expenditures 85,832,367 85,832,367 54,847,035 30,985,333 63,358,665
Excess (deficiency) of revenues over expenditures - - (1,953,756) 46,244 (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) - - - - 464,659
Net change in fund balances - - (1,953,756) (1,953,756) 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 $ 26,416,307 $ (1,953,756) $ 28,370,063
The notes to financial statements are an integral part of this statement.
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 - 34,108,062 27,184,606 (6,923,456) 48,833,992
Federal Funds - 155,524,292 81,137,510 (74,386,781) 188,407,787
Charges for Services - - 6,552,145 6,552,145 2,572,201
Investment Earnings - - 2,409 2,409 14,905
Miscellaneous 90,320 8,284,600 15,180,393 6,895,793 18,276,821
Total revenues 90,320 197,916,954 130,057,063 (67,859,891) 258,105,706
EXPENDITURES
Current
Instruction 16,280,706 73,936,133 59,268,597 14,667,537 130,265,689
Pupil Services 3,654,143 22,661,131 19,258,876 3,402,254 38,799,169
Improvement of Instructional Services - 1,612,304 1,061,824 550,480 3,236,069
Instructional Staff Training 24,406,992 51,878,900 24,057,418 27,821,482 31,023,752
Educational Media Services 29,700 33,709 7,552 26,157 625,854
Federal Grant Administration 4,452,160 6,063,561 4,345,571 1,717,991 4,836,467
General Administration 175,254 5,028,165 1,358,884 3,669,281 5,078,060
School Administration - 186,079 249,634 (63,555) 2,397,400
Support Services - Business 10,500 146,500 193,694 (47,194) 597,576
Maintenance And Operation 131,790 446,290 789,343 (343,053) 7,316,152
School Safety And Security - 8,988,270 6,112,618 2,875,652 6,220,551
Student Transportation Service 405,957 30,902,546 8,603,388 22,299,158 5,525,452
Support Services - Central 14,700 707,748 40,758 666,990 1,434,826
Other Support Services - 491,585 284,279 207,306 467,661
School Nutrition Program - - - - 1,616,511
Enterprise Operations 4,674,000 4,743,276 2,132,191 2,611,084 3,997,935
Capital Outlays
Facilities Acquisition & Construction - 175,000 87,500 87,500 20,644,454
Debt Service - - - - -
Total current 54,235,900 208,001,198 127,852,129 80,149,069 264,083,578
Total expenditures 54,235,900 208,001,198 127,852,129 80,149,069 264,083,578
Excess (deficiency) of revenues over expenditures (54,145,580) (10,084,244) 2,204,933 12,289,177 (5,977,872)
OTHER FINANCING SOURCES (USES)
Operating Transfers From Other Funds 4,774,000 5,129,080 4,168,120 (960,961) 10,616,481
Operating Transfers To Other Funds - (134,750) (665,295) (530,545) (32,581,394)
Sale or Compensation for the Loss of Capital Assets - - - - -
Total other financing sources (uses) 4,774,000 4,994,330 3,502,824 (1,491,506) (21,964,912)
Net change in fund balances (49,371,580) (5,089,914) 5,707,758 10,797,671 (27,942,785)
Fund balances - beginning 12,957,881 12,957,881 12,957,881 - 40,900,666
Fund balances - ending $ (36,413,699) $ 7,867,967 $ 18,665,639 $ 10,797,671 $ 12,957,881
The notes to financial statements are an integral part of this statement.
12