General Fund Revenues                                                         $ 33,256,657

General Fund Expenditures                                                    $ 32,372,975

Operating Surplus/Carryover                                                 $ 883,682

 

General Fund Balance at June 30, 2026                                 $ 14,534,375

 

 

 

Bloom-Carroll Local School District achieved an operating surplus during Fiscal Year 2026 for the fourth consecutive year. The balance in our General fund represents 44.90% of our operating budget.  This percentage is widely recognized as a safe cash balance, without encroaching on what the Department of Education and Workforce deems an “excessive” cash balance.   The District invested 97% of total revenues back into the students, staff and community.

 

Approximately 59% of the District’s budget is spent on the combination of direct instruction and pupil support services including counselors, nurses and school psychologists.   During the past several years, the District has been able to add teaching positions in an effort to decrease class sizes, provide additional reading intervention and provide expanded special education services.  With annual growth in expenditures exceeding growth in revenue, the District may not be in a position to add additional staff if enrollment continues to remain level or decrease.

 

We encourage input from the entire community regarding all aspects of our financial and business operations.  Thank you for your continued support of the Bloom-Carroll Local School District.

 

Travis Bigam, Treasurer/CFO