24-25 End of Year Financial Presentation 11/10/2025

The Millcreek Township School District held an end-of-year financial presentation on November 10, 2025, focusing on budget projections, funding challenges, and capital improvement projects. Key procurement-related discussions included the district's cash flow concerns amid the absence of a finalized federal and state budget, with potential impacts on vendor payments, particularly for food service and child development programs. The board reviewed various budget scenarios reflecting different state and federal funding levels, highlighting projected deficits ranging from $1.1 million to $1.6 million and the effects on fund balances. Capital projects were a significant focus, with approximately $13.5 million in remaining contracted expenditures and $10 million in available cash. Notable projects discussed included marquee installations ($600,000), exterior restoration ($3 million net of grants), and the Gus Anderson field project with revised estimates around $7.3 million, partially funded by a committed $5.4 million fund balance. The board also considered the possibility of a short-term loan for the child development fund due to funding delays, weighing interest costs against available general fund cash. Additional capital projects such as elevator modernization, pool repairs, fire suppression, stormwater management, and window replacements were outlined with estimated costs. The meeting included discussions on managing change orders, which have been substantial, and the strategic use of additional state allocations to support capital projects per board policy. Overall, the session provided a comprehensive overview of financial status, procurement commitments, and upcoming capital expenditures, with plans for further updates on major projects like the Gus Anderson field.