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Davenport School District Budget and Finance Information
Contact: Leslie Oliver; (509) 725-1481 ext. 5003
loliver@davenportsd.org
General Fund Summary Fall 2018
This report is a summary of our General Fund. It shows budget amounts as well as historical revenues and expenditures. It also shows out ending fund balance over the last five years. As a District, we have worked to increase out ending fund balance because of the volatility of the state budget in regards to education funding.
The second report give you some history of the McLeary lawsuit and the legislature's answer to that mandate by the State to fully fund education. This report has five pages. The first two give a little history of the McLeary Act and the next three show the projections of the district's revenues and expenditures as a result of the legislatures answer. The last page shows the devastating result that this will potentially have on the District. There will be many dicussions prior to the creation of the 2019-20 budget in order to prevent a declining fund balance that you see on the last page of the McLeary Act report.
Please review the reports and let me know if you have any further questions.
