La Center School District #101 — July 2026 Budget Status Dashboard

Revenue YTD

$26,751,407

82.5% of $32,415,231 budget

July revenue: $3,191,183

Expenditures YTD

$27,849,812

86.9% spent · 87.4% with encumbrances

July spend: $2,621,541

Net Change in Fund Balance

−$1,098,404

Budgeted net change: +$374,556 · July alone: +$569,642

Deficit narrowing — August apportionment ahead

Ending Fund Balance

$968,688

Began year at $2,067,092

Unassigned portion: $631,509

Revenue by Source — Budget vs. YTD Actual

General Fund Revenues — July 2026
Source	Annual Budget	Actual for July	Actual YTD	Balance	Percent Collected
1000 Local Taxes	$3,450,307	$10,441	$3,432,706	$17,601	99.5%
2000 Local Support Nontax	$1,172,100	$23,144	$523,103	$648,997	44.6%
3000 State, General Purpose	$20,150,764	$2,510,295	$18,120,427	$2,030,337	89.9%
4000 State, Special Purpose	$6,388,244	$590,906	$3,759,189	$2,629,055	58.9%
5000 Federal, General Purpose	$0	$0	$78	($78)	—
6000 Federal, Special Purpose	$963,816	$56,397	$884,017	$79,799	91.7%
7000 Revenues fr. Other Districts	$30,000	$0	$30,898	($898)	103.0%
8000 Other Agencies	$10,000	$0	$990	$9,010	9.9%
9000 Other Financing Sources	$250,000	$0	$0	$250,000	0.0%
Total Revenues	$32,415,231	$3,191,183	$26,751,407	$5,663,824	82.5%

Expenditures by Program — % of Budget Used (incl. encumbrances)

Regular Instruction

89.2%

Special Ed Instruction

112.9%

Voc. Ed (CTE) Instruction

122.2%

Compensatory Ed

82.2%

Other Instructional Pgms

105.8%

Community Services

41.6%

Support Services

64.9%

General Fund Expenditures by Program — July 2026
Program	Annual Budget	Actual for July	Actual YTD	Encumbrances	Balance	Percent Used
00 Regular Instruction	$16,634,746	$1,412,028	$14,785,546	$43,996	$1,805,205	89.2%
20 Special Ed Instruction	$4,609,723	$434,527	$5,169,877	$35,392	($595,546)	112.9%
30 Voc. Ed Instruction	$1,379,528	$150,670	$1,667,608	$18,659	($306,739)	122.2%
50+60 Compensatory Ed	$893,779	$176,102	$734,502	$0	$159,277	82.2%
70 Other Instructional Pgms	$62,576	$14,086	$66,232	$0	($3,656)	105.8%
80 Community Services	$42,646	$5,125	$17,756	$0	$24,890	41.6%
90 Support Services	$8,417,677	$429,004	$5,408,292	$52,254	$2,957,131	64.9%
Total Expenditures	$32,040,675	$2,621,541	$27,849,812	$150,301	$4,040,562	87.4%

General Fund — Fund Balance Reconciliation
Line	Budget	Actual
Total Beginning Fund Balance	$2,053,229	$2,067,092
Net Change in Fund Balance (YTD)	$374,556	($1,098,404)
Total Ending Fund Balance	$2,427,785	$968,688
— Restricted for Other Items (G/L 810)		$6,100
— Restricted for Carryover (G/L 821)		$93,243
— Nonspendable: Inventory/Prepaids (G/L 840)		$237,836
— Unassigned Fund Balance (G/L 890)		$631,509

Context for the board: July confirmed the expected recovery — revenue of $3.19M against $2.62M of expenditures added $569,642 to fund balance, and the August apportionment (roughly $2.0M of state general purpose remains) will further close the YTD deficit before the books close. Special Ed and CTE remain the year-end overage items; their percentages improved from June as encumbrances were liquidated, but both will finish the year over their appropriations.

General Fund Ending Balance

$968,688

Recovered from June's $398K seasonal low

+$570,374 in July

All Funds Ending Balance

$4,465,450

Across Funds 10, 20, 30, 40

All four funds above budget targets

GF Revenue Collected YTD

82.5%

$26.75M of $32.42M budget

July apportionment: $2.51M received

GF Spent + Encumbered

87.4%

$27.85M spent · $0.15M encumbered

Special Ed & CTE still over budget

Revenue vs. Expenditures by Fund (YTD through July)

All Funds Summary — July 2026 (YTD actuals)
Fund	Revenue Budget	Revenue YTD	Percent Collected	Expend. Budget	Expend. YTD	Percent with Encumbrances	Ending Fund Balance
General (10)	$32,415,231	$26,751,407	82.5%	$32,040,675	$27,849,812	87.4%	$968,688
Capital Projects (20)	$680,000	$387,336	57.0%	$1,138,000	$241,223	64.9%	$1,542,558
Debt Service (30)	$3,720,091	$3,845,046	103.4%	$3,660,124	$3,655,125	99.9%	$1,725,161
ASB (40)	$564,909	$323,617	57.3%	$564,909	$299,500	53.7%	$229,043
Total — All Funds	$37,380,231	$31,307,406	83.8%	$37,403,708	$32,045,660	—	$4,465,450

Board takeaways for July: (1) The General Fund balance rebounded to $968,688 as $2.51M of state general purpose apportionment arrived — the June low was the expected timing trough, and one more apportionment month (August) remains. (2) Special Education (112.9%) and Career & Technical Education (122.2%) remain over their annual appropriations, though both ratios improved as year-end encumbrances were liquidated. (3) The Capital Projects budget was revised upward to $1,138,000; summer building projects are now 65% committed. (4) All FY 2025-26 debt payments are complete; Debt Service closes July with $1.73M restricted.

Revenue YTD

$387,336

57.0% of $680,000 budget

July: $71,524 in impact fees

Expenditures YTD

$241,223

+$497,156 encumbered = 64.9%

Summer projects in progress

Ending Fund Balance

$1,542,558

vs. $792,000 budgeted

+$146,113 net change YTD

Restricted Balances

$1.54M

Impact fees $1,223,982 · Bond $317,605

Use restricted by source

Capital Projects Fund (20) — July 2026 (Revised Budget)
Line	Annual Budget	Actual for July	Actual YTD	Encumbrances	Percent Used
Revenue — Local Support Nontax (2000)	$680,000	$71,524	$387,336	—	57.0%
Total Revenues	$680,000	$71,524	$387,336	—	57.0%
Expenditures — Buildings (20)	$1,129,500	$127,688	$241,223	$497,156	65.4%
Expenditures — Equipment (30)	$8,500	$0	$0	$0	0.0%
Total Expenditures	$1,138,000	$127,688	$241,223	$497,156	64.9%
Beginning Fund Balance	$1,250,000		$1,396,445
Ending Fund Balance	$792,000		$1,542,558

Note: The expenditure budget was revised upward to $1,138,000 (buildings appropriation increased from $629,500 to $1,129,500) to accommodate the approved summer projects. Cash outlays accelerated in July ($127,688 paid) with $497K still encumbered as work completes. The fund balance remains almost entirely restricted: $1,223,982 impact fees and $317,605 bond proceeds.

Revenue YTD

$3,845,046

103.4% of $3,720,091 budget

Levy collections ahead of plan

Debt Payments Made

$3,655,125

99.9% of budget — complete since June

Principal & interest at 100%

Ending Fund Balance

$1,725,161

All restricted for debt service

+$189,921 net change YTD

Debt Service Fund (30) — July 2026
Line	Annual Budget	Actual for July	Actual YTD	Percent
Local Taxes (1000)	$3,701,591	$10,967	$3,799,438	102.6%
Local Support Nontax (2000)	$18,500	$5,845	$45,608	246.5%
Total Revenues	$3,720,091	$16,812	$3,845,046	103.4%
Matured Bond Expenditures	$1,795,000	$0	$1,795,000	100.0%
Interest on Bonds	$1,860,125	$0	$1,860,125	100.0%
Bond Transfer Fees	$4,999	$0	$0	0.0%
Total Expenditures	$3,660,124	$0	$3,655,125	99.9%
Beginning Fund Balance	$300,000		$1,535,240
Ending Fund Balance	$359,967		$1,725,161

Note: No debt payments were due in July — all FY 2025-26 obligations were completed in June. The fund collected a further $16,812 in late levy receipts and interest, closing July with $1.73M restricted for future debt service.

Revenue YTD

$323,617

57.3% of $564,909 budget

July: $1,452 — quiet summer month

Expenditures YTD

$299,500

53.7% incl. $4,005 encumbered

Spending within revenues

Ending Fund Balance

$229,043

Up $24,117 from start of year

Student funds healthy

ASB Activity by Category (YTD)

Associated Student Body Fund (40) — July 2026
Category	Revenue Budget	Revenue YTD	Percent Collected	Expend. Budget	Expend. YTD	Percent with Encumbrances
1000 General Student Body	$100,921	$103,160	102.2%	$87,421	$49,980	57.2%
2000 Athletics	$313,500	$167,084	53.3%	$323,000	$187,518	58.7%
3000 Classes	$15,138	$710	4.7%	$15,138	$10,622	70.2%
4000 Clubs	$135,350	$52,663	38.9%	$139,350	$51,379	38.3%
Total ASB	$564,909	$323,617	57.3%	$564,909	$299,500	53.7%

Note: Typical quiet summer month — just $1,452 of revenue against $13,058 of expenditures (mostly year-end purchases), leaving the fund up $24,117 for the year. Athletics spending ($187,518) remains modestly ahead of athletics revenue ($167,084).

GF Ending Balance

$968,688

June: $398,314

+$570,374 in one month

GF Unassigned Balance

$631,509

June: $61,135

+$570,374 — recovery on schedule

GF Revenue Collected

82.5%

June: 72.7% · July apportionment landed

+9.8 points

Open Encumbrances (GF)

$150,301

June: $4,440,000

Year-end liquidation complete

General Fund Balance Recovery — June vs. July 2026

General Fund Comparison — June vs. July 2026 (YTD)
Metric	June 2026	July 2026	Change
Revenue YTD	$23,559,492	$26,751,407	+$3,191,915
Revenue % Collected	72.7%	82.5%	+9.8 points
Expenditures YTD	$25,228,270	$27,849,812	+$2,621,541
Open Encumbrances	$4,440,000	$150,301	−$4,289,699, liquidated
Net Change YTD	($1,668,778)	($1,098,404)	+$570,374, improved
Ending Fund Balance	$398,314	$968,688	+$570,374, improved
— Unassigned (G/L 890)	$61,135	$631,509	+$570,374, improved

Program Spending vs. Budget — June vs. July 2026 (incl. encumbrances)
Program	June Percent	July Percent	Trend
Regular Instruction	94.1%	89.2%	−4.9 points (encumbrances released)
Special Ed Instruction	128.3%	112.9%	−15.4 points, still over budget
Voc. Ed (CTE) Instruction	130.7%	122.2%	−8.5 points, still over budget
Compensatory Ed	68.4%	82.2%	+13.8 points
Other Instructional Pgms	103.0%	105.8%	+2.8 points
Community Services	35.0%	41.6%	+6.6 points
Support Services	66.6%	64.9%	−1.7 points

Ending Fund Balances by Fund — June vs. July 2026
Fund	June 2026	July 2026	Change
General (10)	$398,314	$968,688	+$570,374
Capital Projects (20)	$1,598,722	$1,542,558	($56,164)
Debt Service (30)	$1,708,350	$1,725,161	+$16,812
ASB (40)	$240,649	$229,043	($11,606)
Total — All Funds	$3,946,035	$4,465,450	+$519,415

Trend story for the board: July played out exactly as forecast at the last meeting — the June low was a timing trough, not a structural problem. The $2.51M July apportionment payment lifted the General Fund balance from $398K to $969K, unassigned balance is back to a healthy $631K, and nearly all encumbrances were liquidated at fiscal year-end. With one apportionment month remaining (~$2.0M of state general purpose still to collect), the fund is positioned to close the year near the budgeted $2.4M ending balance. The remaining year-end items are the Special Ed ($596K over) and CTE ($307K over) program overages, which will be absorbed within the total budget capacity at close. Sources: June and July 2026 Budget Status Reports.

Prepared by the Business Office from the July 2026 Budget Status Report (Revised Budget, run 08/12/2026); trend figures from the June 2026 Budget Status Report. Percentages for expenditures include encumbrances where noted. The Transportation Vehicle Fund (90) is not included in the July report and had no activity this fiscal year. Figures are unaudited and subject to year-end adjustment.