Dearest reader,
Step Five brings Lady Budgetdown to Ecorse Public Schools' audited General Fund — and this ledger did not quite follow the budget. 👓🪶
For 2023–24:
📜 Budgeted deficit: $682,990
📜 Actual deficit: $1,853,599
That is approximately $1.17 million worse than budgeted.
The General Fund balance fell from $3.34 million to $1.48 million — a decline of roughly 56% in one year.
And underneath that difference:
💰 Revenue came in $357,384 below budget
💸 Expenditures came in $1,038,763 above budget
That closes our regular five-step Ecorse review.
But, dearest reader, we are not quite finished with Ecorse. The auditors left Lady Budgetdown a few additional pages worth reading. 🪶
#LadyBudgetdown #EcorsePublicSchools #Ecorse #MichiganSchools #SchoolFinance #EducationTransparency #FollowTheReceipts #WithReceiptsAndRespect