Monthly Financial
Report
May 31, 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
$1,570,904,814
$1,800,000,000
$1,600,000,000
$1,400,000,000
$1,539,485,425
$1,200,000,000
$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 $1.54B 94.0%
Benchmark $1.57B 95.8%
Difference -$30M -1.8%
Revenue Mix
2.05% State $610M 89.84%
35.59%
Local $1B 95.82%
62.36%
Other $27M 115.87%
State Local Other Received Remaining
3
General Fund Expenses
GF Expense - Budget to Actual $1,665,605,469
$1,800,000,000
$1,477,719,229
$1,600,000,000 $1,499,189,311
$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 $1.48B 88.7%
Benchmark $1.50B 89.8%
Difference -$21M -1.1%
4
GF Budget Utilization by Function
Instruction 94.8%
Pupil Services 87.1%
Improvement of Instructional Services 70.8%
Instructional Staff Training 35.7%
Educational Media Services 105.9%
Federal Grant Administration
General Administration 97.3%
School Administration 92.2%
Support Services - Business 95.0%
Maintenance and Operations 74.1%
School Safety and Security 83.7%
Student Transportation Service 74.7%
Support Services - Central 91.4%
Other Support Services0.4%
School Nutrition Program 79.9%
Enterprise Operations 131.4%
Capital Outlay 46.8%
Significant Functions Amount Spent Percentage of Total Spend
Instruction $846.6M 57.4%
M&O $172.6M 11.7%
Pupil Services $109.9M 7.5%
All Other Functions,
23.4%
Pupil Services, 7.5%
Instruction, 57.4%
Maintenance And
Operation, 11.7%
5
Fund Balance
Fund Balance
60%
50%
40%
31.5%
30%
30.7%
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 $258.9M 15.7% 16.5%
Total $502.3M 30.7% 31.5%
6
DEKALB COUNTY BOARD OF EDUCATION
Balance Sheet
Governmental Funds
May 31, 2026
NONMAJOR TOTAL GOVERNMENTAL
GENERAL FUND CAPITAL PROJECTS FUND DEBT SERVICE FUND SCHOOL NUTRITION FUND GOVERNMENTAL FUNDS FUNDS
Assets
Cash and Cash Equivalents $ 574,155,818 $ 536,454,098 $ - $ 4,863,860 $ 3,975,734 $ 1,119,449,510
Receivable, Net
Taxes 1,211,549 - - - - 1,211,549
State Government 74,044,467 - - - 2,554,069 76,598,536
Federal Government - - - 5,634,195 18,615,431 24,249,626
Other - - - 3,090 5,700 8,790
Inventories 1,469,897 - - 1,646,578 - 3,116,475
Investments - - - 15,057,740 - 15,057,740
Total assets and deferred outflows of resources $ 650,881,731 $ 536,454,098 $ - $ 27,205,462 $ 25,150,934 $ 1,239,692,226
Liabilities
Accounts Payable $ 60,372 $ 58,792 $ - $ 5,423 $ 152,538 $ 277,125
Salaries & Benefits Payable 94,627,024 - - - - 94,627,024
Payroll Withholdings Payable 53,915,123 - - - - 53,915,123
Unearned/Unavailable Revenue - - - - 722,004 722,004
Total liabilities 148,602,519 58,792 - 5,423 874,542 149,541,276
Total liabilities and deferred inflows of resources 148,602,519 58,792 - 5,423 874,542 149,541,276
FUND BALANCES
Nonspendable
Reserve for Inventories $ 1,469,897 $ - $ - $ 1,646,578 $ - $ 3,116,475
Restricted
Capital Projects - 508,618,050 - - - $ 508,618,050
Continuation of Grant Programs - - - 25,553,461 13,722,697 $ 39,276,158
Committed
Reserve 241,906,169 - - - - $ 241,906,169
Assigned
Capital Projects - 27,777,256 - - - $ 27,777,256
Student Activity Accounts - - - - 10,553,696 $ 10,553,696
Unassigned 258,903,146 - - - - $ 258,903,146
Total fund balances 502,279,212 536,395,306 - 27,200,039 24,276,393 1,090,150,950
Total Liabilities, Deferred Inflows
of Resources, and Fund Balances $ 650,881,731 $ 536,454,098 $ - $ 27,205,462 $ 25,150,934 $ 1,239,692,226
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 May 31, 2026
NONMAJOR TOTAL GOVERNMENTAL
GENERAL FUND CAPITAL PROJECTS FUND DEBT SERVICE FUND SCHOOL NUTRITION FUND GOVERNMENTAL FUND FUNDS
REVENUES
Property Taxes $ 959,630,126 $ - $ - $ - $ - $ 959,630,126
Sales Taxes 9,500,860 129,776,838 - - - 139,277,699
State Funds 547,789,990 - - 1,497,736 35,174,988 584,462,714
Federal Funds - - - 54,883,665 91,776,246 146,659,911
Charges for Services 438,905 - - 639,459 7,199,175 8,277,538
Investment Earnings 20,507,016 19,056,234 - 57,740 2,409 39,623,399
Miscellaneous 1,105,136 317,235 - 2,021,147 16,591,935 20,035,453
Total revenues 1,538,972,034 149,150,307 - 59,099,746 150,744,753 1,897,966,840
EXPENDITURES
Current
Instruction 846,640,296 23,014,340 - - 67,121,709 936,776,345
Pupil Services 109,885,018 - - - 20,560,583 130,445,601
Improvement of Instructional Services 33,738,022 14,970,184 - - 1,082,538 49,790,744
Instructional Staff Training 539,343 - - - 27,280,385 27,819,728
Educational Media Services 20,729,260 - - - 13,132 20,742,392
Federal Grant Administration 1,015 - - - 4,728,175 4,729,190
General Administration 37,880,585 - - - 1,415,138 39,295,724
School Administration 86,301,979 - - - 278,890 86,580,869
Support Services - Business 18,276,893 - - 118,728 215,614 18,611,235
Maintenance And Operation 172,557,304 1,924,390 - - 786,127 175,267,821
School Safety And Security 27,085,342 - - - 6,610,333 33,695,675
Student Transportation Service 71,078,789 3,621,609 - - 9,750,733 84,451,131
Support Services - Central 46,109,548 9,728,719 - - 53,661 55,891,927
Other Support Services 7,219 - - - 331,709 338,928
School Nutrition Program 1,337,586 - - 60,151,042 - 61,488,628
Enterprise Operations 328,509 - - - 2,612,838 2,941,347
Capital Outlays
Facilities Acquistion & Construction 1,551,989 175,337,420 - - 87,500 176,976,909
Total expenditures 1,474,048,697 228,596,662 - 60,269,770 142,929,065 1,905,844,194
Excess (deficiency) of revenues over expenditures 64,923,337 (79,446,355) - (1,170,024) 7,815,687 (7,877,354)
OTHER FINANCING SOURCES (USES)
Operating Transfers From Other Funds - 167,708 - - 4,218,944 4,386,652
Operating Transfers To Other Funds (3,670,532) - - - (716,120) (4,386,652)
Sale or Compensation for the Loss of Capital Assets 513,391 - - - - 513,391
Total other financing sources (uses) (3,157,142) 167,708 - - 3,502,824 513,391
Net change in fund balances 61,766,195 (79,278,647) - (1,170,024) 11,318,512 (7,363,964)
Fund balances - beginning 440,513,017 615,673,952 - 28,370,063 12,957,881 1,097,514,913
Fund balances - ending $ 502,279,212 $ 536,395,306 $ - $ 27,200,039 $ 24,276,393 $ 1,090,150,950
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 $ 959,630,126 $ (41,866,844) $ 946,887,449
Sales Taxes 6,000,000 6,000,000 9,500,860 3,500,860 8,465,777
State Funds 590,784,324 609,744,258 547,789,990 (61,954,268) 558,627,472
Federal Funds - - - - -
Charges for Services 1,000,000 1,000,000 438,905 (561,095) 1,271,658
Investment Earnings 17,500,000 17,500,000 20,507,016 3,007,016 25,443,797
Miscellaneous 2,730,000 2,730,000 1,105,136 (1,624,864) 3,427,217
Total revenues 1,619,511,295 1,638,471,229 1,538,972,034 (99,499,195) 1,544,123,370
EXPENDITURES
Current
Instruction 875,157,860 892,780,750 846,640,296 46,140,454 919,354,380
Pupil Services 131,593,829 126,218,957 109,885,018 16,333,939 98,266,441
Improvement of Instructional Services 46,150,088 47,625,379 33,738,022 13,887,358 19,440,348
Instructional Staff Training 1,029,984 1,509,105 539,343 969,762 606,613
Educational Media Services 19,245,384 19,579,273 20,729,260 (1,149,987) 23,982,980
Federal Grant Administration - 1,015 1,015 - 23,598
General Administration 43,738,097 38,923,073 37,880,585 1,042,488 57,533,446
School Administration 92,237,118 93,576,238 86,301,979 7,274,258 90,642,207
Support Services - Business 12,819,712 19,230,736 18,276,893 953,843 23,469,802
Maintenance And Operation 227,893,722 232,889,040 172,557,304 60,331,736 169,324,234
School Safety And Security 12,437,618 32,361,698 27,085,342 5,276,356 21,696,769
Student Transportation Service 91,918,519 95,138,418 71,078,789 24,059,629 82,898,384
Support Services - Central 55,057,472 50,458,973 46,109,548 4,349,425 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 1,290,576 250,000 328,509 (78,509) 1,015,659
Capital Outlays
Facilities Acquisition & Construction 67,000 3,317,949 1,551,989 1,765,960 914,772
Total current 1,612,707,789 1,657,155,440 1,474,048,697 183,106,743 1,560,609,351
Total expenditures 1,612,707,789 1,657,155,440 1,474,048,697 183,106,743 1,560,609,351
Excess (deficiency) of revenues over expenditures 6,803,506 (18,684,211) 64,923,337 83,607,548 (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 100,000 100,000 513,391 413,391 139,370
Total other financing sources (uses) (8,000,000) (8,350,000) (3,157,142) 5,192,858 (33,346,406)
Net change in fund balances (1,196,494) (27,034,211) 61,766,195 88,800,406 (49,832,387)
Fund balances - beginning 440,513,017 440,513,017 440,513,017 - 490,345,404
Fund balances - ending $ 439,316,523 $ 413,478,806 $ 502,279,212 $ 88,800,406 $ 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 429,000,000 429,000,000 129,776,838 (299,223,162) 154,532,044
State Funds - - - - 4,554,541
Federal Funds - - - - -
Charges for Services - - - - -
Investment Earnings 1,750,000 1,750,000 19,056,234 17,306,234 28,725,933
Miscellaneous - - 317,235 317,235 340,058
Total revenues 430,750,000 430,750,000 149,150,307 (281,599,693) 188,152,576
EXPENDITURES
Current
Instruction - 60,719,002 23,014,340 37,704,662 23,631,055
Pupil Services - - - - -
Improvement of Instructional Services - 56,854,061 14,970,184 41,883,876 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 1,924,390 9,067,245 1,801,398
School Safety And Security - - - - -
Student Transportation Service 1,000,000 7,195,773 3,621,609 3,574,164 2,779,790
Support Services - Central 18,000,000 37,042,187 9,728,719 27,313,469 5,127,797
Other Support Services - - - - -
School Nutrition Program - - - - -
Enterprise Operations - - - - -
Capital Outlays
Facilities Acquisition & Construction 373,663,829 973,743,296 175,337,420 798,405,876 200,482,662
Total current 402,709,712 1,146,545,954 228,596,662 917,949,292 247,167,561
Total expenditures 402,709,712 1,146,545,954 228,596,662 917,949,292 247,167,561
Excess (deficiency) of revenues over expenditures 28,040,288 (715,795,954) (79,446,355) 636,349,599 (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 83,571,150 56,048,893
Net change in fund balances (55,363,154) (799,199,396) (79,278,647) 719,920,749 (2,966,093)
Fund balances - beginning 615,673,952 615,673,952 615,673,952 - 618,640,045
Fund balances - ending $ 560,310,799 $ (183,525,444) $ 536,395,306 $ 719,920,749 $ 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 - - 1,497,736 1,497,736 1,772,268
Federal Funds 10,357,738 10,357,738 54,883,665 44,525,927 58,982,581
Charges for Services 72,861,878 72,861,878 639,459 (72,222,420) 631,350
Investment Earnings - - 57,740 57,740 -
Miscellaneous 612,751 612,751 2,021,147 1,408,396 1,533,050
Total revenues 83,832,367 83,832,367 59,099,746 (24,732,621) 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 - - 118,728 (118,728) 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 60,151,042 25,681,325 63,309,133
Enterprise Operations - - - - -
Capital Outlays
Facilities Acquisition & Construction - - - - -
Total current 85,832,367 85,832,367 60,269,770 25,562,597 63,358,665
Total expenditures 85,832,367 85,832,367 60,269,770 25,562,597 63,358,665
Excess (deficiency) of revenues over expenditures (2,000,000) (2,000,000) (1,170,024) 829,976 (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 - - (1,170,024) (1,170,024) 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 $ 27,200,039 $ (1,170,024) $ 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 - 34,262,636 35,174,988 912,351 48,833,992
Federal Funds - 159,567,388 91,776,246 (67,791,142) 188,407,787
Charges for Services - - 7,199,175 7,199,175 2,572,201
Investment Earnings - - 2,409 2,409 14,905
Miscellaneous 90,320 8,692,671 16,591,935 7,899,264 18,276,821
Total revenues 90,320 202,522,695 150,744,753 (51,777,943) 258,105,706
EXPENDITURES
Current
Instruction 16,280,706 74,938,581 67,121,709 7,816,872 130,265,688
Pupil Services 3,654,143 22,651,105 20,560,583 2,090,521 38,799,169
Improvement of Instructional Services - 1,540,675 1,082,538 458,137 3,236,069
Instructional Staff Training 24,406,992 55,204,637 27,280,385 27,924,251 31,023,752
Educational Media Services 29,700 33,709 13,132 20,577 625,854
Federal Grant Administration 4,452,160 6,125,578 4,728,175 1,397,402 4,836,467
General Administration 175,254 5,372,989 1,415,138 3,957,851 5,078,060
School Administration - 186,079 278,890 (92,811) 2,397,400
Support Services - Business 10,500 146,500 215,614 (69,114) 597,576
Maintenance And Operation 131,790 405,736 786,127 (380,392) 7,316,152
School Safety And Security - 8,988,270 6,610,333 2,377,937 6,220,551
Student Transportation Service 405,957 30,811,166 9,750,733 21,060,433 5,525,452
Support Services - Central 14,700 707,748 53,661 654,087 1,434,826
Other Support Services - 491,585 331,709 159,876 467,661
School Nutrition Program - - - - 1,616,511
Enterprise Operations 4,674,000 4,783,830 2,612,838 2,170,992 3,997,935
Capital Outlays
Facilities Acquisition & Construction - 185,000 87,500 97,500 20,644,454
Total current 54,235,900 212,573,186 142,929,065 69,644,121 264,083,577
Total expenditures 54,235,900 212,573,186 142,929,065 69,644,121 264,083,577
Excess (deficiency) of revenues over expenditures (54,145,580) (10,050,491) 7,815,687 17,866,179 (5,977,871)
OTHER FINANCING SOURCES (USES)
Operating Transfers From Other Funds 4,774,000 5,129,080 4,218,944 (910,136) 10,616,480
Operating Transfers To Other Funds - (172,210) (716,120) (543,910) (32,581,394)
Sale or Compensation for the Loss of Capital Assets - - - - -
Total other financing sources (uses) 4,774,000 4,956,870 3,502,824 (1,454,046) (21,964,913)
Net change in fund balances (49,371,580) (5,093,621) 11,318,512 16,412,133 (27,942,785)
Fund balances - beginning 12,957,881 12,957,881 12,957,881 - 40,900,666
Fund balances - ending $ (36,413,699) $ 7,864,260 $ 24,276,393 $ 16,412,133 $ 12,957,881
The notes to financial statements are an integral part of this statement.
12