Monthly Financial
Report - Preliminary
June 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 $1,638,571,229
$1,800,000,000
$1,600,000,000
$1,400,000,000 $1,607,993,314
$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 $1.61B 98.1%
Benchmark $1.64B 100%
Difference -$30.5M -1.9%
Revenue Mix
2.13% State $610M 99.53%
37.75%
Local $1B 96.50%
60.12%
Other $27M 125.71%
State Local Other Received Remaining
3
General Fund Expenses
GF Expense - Budget to Actual $1,658,110,747
$1,800,000,000 $1,695,105,440
$1,600,000,000
$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 $1.66B 97.8%
Benchmark $1.70B 100%
Difference -$37M -2.2%
4
GF Budget Utilization by Function
Instruction 104.6%
Pupil Services 95.9%
Improvement of Instructional Services 78.3%
Instructional Staff Training 35.0%
Educational Media Services 116.9%
Federal Grant Administration
General Administration 103.2%
School Administration 101.0%
Support Services - Business 104.9%
Maintenance and Operations 81.9%
School Safety and Security 91.0%
Student Transportation Service 83.2%
Support Services - Central 102.9%
Other Support Services0.4%
School Nutrition Program 100.0%
Enterprise Operations 134.5%
Capital Outlay 29.0%
Significant Functions Amount Spent Percentage of Total Spend
Instruction $934.0M 56.5%
M&O $188.9M 11.4%
Pupil Services $121.1M 7.3%
All Other Functions,
24.8%
Pupil Services, 7.3%
Instruction, 56.5%
Maintenance And
Operation, 11.4%
5
Fund Balance
Fund Balance
60%
50%
40%
26.9%
30%
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%) $242.0M 15.0% 15.0%
Unassigned $147.0M 11.9% 10.4%
Total $390.5M 26.9% 25.4%
6
DEKALB COUNTY BOARD OF EDUCATION
Balance Sheet
Governmental Funds
June 30, 2026
NONMAJOR TOTAL GOVERNMENTAL
GENERAL FUND CAPITAL PROJECTS FUND DEBT SERVICE FUND SCHOOL NUTRITION FUND GOVERNMENTAL FUNDS FUNDS
Assets
Cash and Cash Equivalents $ 494,993,734 $ 519,495,280 $ - $ 4,390,530 $ (25,793,547) $ 993,085,996
Receivable, Net
Taxes 1,211,549 - - - - 1,211,549
State Government 82,271,630 - - - 563,924 82,835,554
Federal Government - - - 5,631,110 42,630,343 48,261,453
Other 5,000 - - 3,090 5,700 13,790
Inventories 1,469,897 - - 872,505 - 2,342,402
Investments - - - 17,108,109 - 17,108,109
Total assets and deferred outflows of resources $ 579,951,810 $ 519,495,280 $ - $ 28,005,343 $ 17,406,419 $ 1,144,858,852
Liabilities
Accounts Payable $ 31,547,385 $ 9,517,775 $ - $ 6,070 $ 1,772,478 $ 42,843,708
Salaries & Benefits Payable 104,374,128 - - - - 104,374,128
Payroll Withholdings Payable 53,634,714 - - - - 53,634,714
Unearned/Unavailable Revenue - - - - 722,004 722,004
Total liabilities 189,556,227 9,517,775 - 6,070 2,494,481 201,574,554
Total liabilities and deferred inflows of resources 189,556,227 9,517,775 - 6,070 2,494,481 201,574,554
FUND BALANCES
Nonspendable
Reserve for Inventories $ 1,469,897 $ - $ - $ 872,505 $ - $ 2,342,402
Restricted
Capital Projects - 483,347,725 - - - 483,347,725
Continuation of Grant Programs - - - 27,126,768 4,469,140 31,595,908
Committed
Reserve 241,906,168 - - - - 241,906,168
Assigned
Capital Projects - 26,629,779 - - - 26,629,779
Student Activity Accounts - - - - 10,442,798 10,442,798
Unassigned 147,019,518 - - - - 147,019,518
Total fund balances 390,395,584 509,977,504 - 27,999,273 14,911,938 943,284,299
Total Liabilities, Deferred Inflows
of Resources, and Fund Balances $ 579,951,810 $ 519,495,280 $ - $ 28,005,343 $ 17,406,419 $ 1,144,858,853
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 June 30, 2026
NONMAJOR TOTAL GOVERNMENTAL
GENERAL FUND CAPITAL PROJECTS FUND DEBT SERVICE FUND SCHOOL NUTRITION FUND GOVERNMENTAL FUND FUNDS
REVENUES
Property Taxes $ 966,397,443 $ - $ - $ - $ - $ 966,397,443
Sales Taxes 10,688,134 142,850,896 - - - 153,539,030
State Funds 606,849,551 - - 1,636,184 33,276,842 641,762,578
Federal Funds - - - 60,514,775 115,809,657 176,324,432
Charges for Services 523,893 - - 695,367 7,493,800 8,713,060
Investment Earnings 21,812,170 20,541,309 - 108,109 2,409 42,463,998
Miscellaneous 1,207,017 355,779 - 2,141,490 17,962,299 21,666,586
Total revenues $ 1,607,478,209 163,747,985 - 65,095,926 174,545,007 2,010,867,127
EXPENDITURES
Current
Instruction 934,033,239 23,679,626 - - 77,422,998 1,035,135,864
Pupil Services 121,061,183 - - - 23,319,638 144,380,821
Improvement of Instructional Services 37,317,921 16,526,689 - - 1,151,768 54,996,377
Instructional Staff Training 522,550 - - - 30,333,993 30,856,543
Educational Media Services 22,881,502 - - - 16,851 22,898,353
Federal Grant Administration 1,015 - - - 5,120,547 5,121,561
General Administration 70,926,303 - - - 1,462,220 72,388,523
School Administration 94,481,704 - - - 305,343 94,787,048
Support Services - Business 20,165,005 - - 129,523 238,107 20,532,635
Maintenance And Operation 188,878,778 2,107,698 - - 789,341 191,775,817
School Safety And Security 29,447,515 - - - 7,167,718 36,615,234
Student Transportation Service 79,167,118 3,621,609 - - 24,775,452 107,564,179
Support Services - Central 51,968,002 10,360,152 - - 72,314 62,400,468
Other Support Services 6,383 - - - 360,569 366,952
School Nutrition Program 1,693,794 - - 65,337,192 - 67,030,987
Enterprise Operations 336,215 - - - 3,381,914 3,718,129
Capital Outlays
Facilities Acquistion & Construction 1,551,989 213,316,366 - - 175,000 215,043,355
Total expenditures 1,654,440,215 269,612,140 - 65,466,716 176,093,775 2,165,612,846
Excess (deficiency) of revenues over expenditures (46,962,005) (105,864,156) - (370,790) (1,548,768) (154,745,719)
OTHER FINANCING SOURCES (USES)
Operating Transfers From Other Funds - 167,708 - - 4,302,791 4,470,499
Operating Transfers To Other Funds (3,670,532) - - - (799,967) (4,470,499)
Sale or Compensation for the Loss of Capital Assets 515,105 - - - - 515,105
Total other financing sources (uses) (3,155,428) 167,708 - - 3,502,824 515,105
Net change in fund balances (50,117,433) (105,696,448) - (370,790) 1,954,057 (154,230,614)
Fund balances - beginning 440,513,017 615,673,952 - 28,370,063 12,957,881 1,097,514,913
Fund balances - ending $ 390,395,584 $ 509,977,504 $ - $ 27,999,273 $ 14,911,938 $ 943,284,299
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 $ 966,397,443 $ (35,099,528) $ 946,887,449
Sales Taxes 6,000,000 6,000,000 10,688,134 4,688,134 8,465,777
State Funds 590,784,324 609,744,258 606,849,551 (2,894,707) 558,627,472
Federal Funds - - - - -
Charges for Services 1,000,000 1,000,000 523,893 (476,107) 1,271,658
Investment Earnings 17,500,000 17,500,000 21,812,170 4,312,170 25,443,797
Miscellaneous 2,730,000 2,730,000 1,207,017 (1,522,983) 3,427,217
Total revenues 1,619,511,295 1,638,471,229 1,607,478,209 (30,993,019) 1,544,123,370
EXPENDITURES
Current
Instruction 875,157,860 892,530,697 934,033,239 (41,502,542) 919,354,380
Pupil Services 131,619,229 126,244,136 121,061,183 5,182,954 98,266,441
Improvement of Instructional Services 46,150,088 47,680,682 37,317,921 10,362,762 19,440,348
Instructional Staff Training 1,004,584 1,493,325 522,550 970,775 606,613
Educational Media Services 19,245,384 19,579,273 22,881,502 (3,302,228) 23,982,980
Federal Grant Administration - 1,015 1,015 - 23,598
General Administration 43,738,097 68,707,573 70,926,303 (2,218,730) 57,533,446
School Administration 92,237,118 93,577,738 94,481,704 (903,967) 90,642,207
Support Services - Business 12,819,712 19,230,736 20,165,005 (934,269) 23,469,802
Maintenance And Operation 227,893,722 230,708,019 188,878,778 41,829,241 169,324,234
School Safety And Security 12,437,618 32,352,026 29,447,515 2,904,511 21,696,769
Student Transportation Service 91,918,519 95,155,090 79,167,118 15,987,972 82,898,384
Support Services - Central 55,057,472 50,492,560 51,968,002 (1,475,443) 51,003,878
Other Support Services 1,734,444 1,601,042 6,383 1,594,659 29,994
School Nutrition Program 336,368 1,693,794 1,693,794 - 405,846
Enterprise Operations 1,290,576 250,000 336,215 (86,215) 1,015,659
Capital Outlays
Facilities Acquisition & Construction 67,000 5,357,735 1,551,989 3,805,746 914,772
Total current 1,612,707,789 1,686,655,440 1,654,440,215 32,215,225 1,560,609,351
Total expenditures 1,612,707,789 1,686,655,440 1,654,440,215 32,215,225 1,560,609,351
Excess (deficiency) of revenues over expenditures 6,803,506 (48,184,211) (46,962,005) 1,222,205 (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 100,000 100,000 515,105 415,105 139,370
Total other financing sources (uses) (8,000,000) (8,350,000) (3,155,428) 5,194,572 (33,346,406)
Net change in fund balances (1,196,494) (56,534,211) (50,117,433) 6,416,778 (49,832,387)
Fund balances - beginning 440,513,017 440,513,017 440,513,017 - 490,345,404
Fund balances - ending $ 439,316,523 $ 383,978,806 $ 390,395,584 $ 6,416,778 $ 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 429,000,000 429,000,000 142,850,896 (286,149,104) 154,532,044
State Funds - - - - 4,554,541
Federal Funds - - - - -
Charges for Services - - - - -
Investment Earnings 1,750,000 1,750,000 20,541,309 18,791,309 28,725,933
Miscellaneous - - 355,779 355,779 340,058
Total revenues 430,750,000 430,750,000 163,747,985 (267,002,015) 188,152,576
EXPENDITURES
Current
Instruction - 60,719,002 23,679,626 37,039,376 23,631,055
Pupil Services - - - - -
Improvement of Instructional Services - 56,690,796 16,526,689 40,164,107 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 2,107,698 8,883,937 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 10,360,152 26,682,036 5,127,797
Other Support Services - - - - -
School Nutrition Program - - - - -
Enterprise Operations - - - - -
Capital Outlays
Facilities Acquisition & Construction 373,663,829 973,906,561 213,316,366 760,590,194 200,482,662
Total current 402,709,712 1,146,545,954 269,612,140 876,933,814 247,167,561
Total expenditures 402,709,712 1,146,545,954 269,612,140 876,933,814 247,167,561
Excess (deficiency) of revenues over expenditures 28,040,288 (715,795,954) (105,864,156) 609,931,798 (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) (105,696,448) 693,502,948 (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) $ 509,977,504 $ 693,502,948 $ 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 - - 1,636,184 1,636,184 1,772,268
Federal Funds 10,357,738 10,357,738 60,514,775 50,157,037 58,982,581
Charges for Services 72,861,878 72,861,878 695,367 (72,166,511) 631,350
Investment Earnings - - 108,109 108,109 -
Miscellaneous 612,751 612,751 2,141,490 1,528,739 1,533,050
Total revenues 83,832,367 83,832,367 65,095,926 (18,736,442) 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 - - 129,523 (129,523) 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 65,337,192 20,495,175 63,309,133
Enterprise Operations - - - - -
Capital Outlays
Facilities Acquisition & Construction - - - - -
Total current 85,832,367 85,832,367 65,466,716 20,365,652 63,358,665
Total expenditures 85,832,367 85,832,367 65,466,716 20,365,652 63,358,665
Excess (deficiency) of revenues over expenditures (2,000,000) (2,000,000) (370,790) 1,629,210 (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 - - (370,790) (370,790) 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 $ 27,999,273 $ (370,790) $ 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 - 34,267,636 33,276,842 (990,794) 48,833,992
Federal Funds - 159,567,387 115,809,657 (43,757,729) 188,407,787
Charges for Services - - 7,493,800 7,493,800 2,572,201
Investment Earnings - - 2,409 2,409 14,905
Miscellaneous 90,320 8,759,632 17,962,299 9,202,667 18,276,821
Total revenues 90,320 202,594,654 174,545,007 (28,049,647) 258,105,706
EXPENDITURES `
Current
Instruction 16,280,706 74,296,775 77,422,998 (3,126,224) 130,265,688
Pupil Services 3,654,143 22,545,105 23,319,638 (774,533) 38,799,169
Improvement of Instructional Services - 1,543,135 1,151,768 391,368 3,236,069
Instructional Staff Training 24,406,992 55,190,442 30,333,993 24,856,449 31,023,752
Educational Media Services 29,700 33,709 16,851 16,858 625,854
Federal Grant Administration 4,452,160 6,125,576 5,120,547 1,005,030 4,836,467
General Administration 175,254 5,374,489 1,462,220 3,912,269 5,078,060
School Administration - 47,000 305,343 (258,343) 2,397,400
Support Services - Business 10,500 146,500 238,107 (91,607) 597,576
Maintenance And Operation 131,790 405,736 789,341 (383,605) 7,316,152
School Safety And Security - 8,988,270 7,167,718 1,820,552 6,220,551
Student Transportation Service 405,957 30,809,166 24,775,452 6,033,714 5,525,452
Support Services - Central 14,700 707,748 72,314 635,435 1,434,826
Other Support Services - 491,585 360,569 131,015 467,661
School Nutrition Program - - - - 1,616,511
Enterprise Operations 4,674,000 4,783,830 3,381,914 1,401,916 3,997,935
Capital Outlays
Facilities Acquisition & Construction - 185,000 175,000 10,000 20,644,454
Total current 54,235,900 211,674,067 176,093,775 35,580,292 264,083,577
Total expenditures 54,235,900 211,674,067 176,093,775 35,580,292 264,083,577
Excess (deficiency) of revenues over expenditures (54,145,580) (9,079,412) (1,548,768) 7,530,645 (5,977,871)
OTHER FINANCING SOURCES (USES)
Operating Transfers From Other Funds 4,774,000 5,129,080 4,302,791 (826,289) 10,616,480
Operating Transfers To Other Funds - (172,210) (799,967) (627,757) (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) (4,122,542) 1,954,057 6,076,599 (27,942,785)
Fund balances - beginning 12,957,881 12,957,881 12,957,881 - 40,900,666
Fund balances - ending $ (36,413,699) $ 8,835,339 $ 14,911,938 $ 6,076,599 $ 12,957,881
The notes to financial statements are an integral part of this statement.
12