Flat Rock Community Schools - General Fund, Fund Balance & Budget

[Shadowninja]

Dearest reader,
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We have reached the final page of Lady B's Flat Rock Community Schools review.
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Step 5 is where we look at the General Fund — where it stood at the end of the last audited year, and where the district's own budgets say it is headed.
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Flat Rock ended FY2024-25 with an audited General Fund balance of $9,143,556.
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That year, the General Fund declined by a relatively modest $65,810.
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The next two years look different.
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For FY2025-26, the district's final budget projects a $1,286,152 deficit and an ending fund balance of $7,857,406.
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For FY2026-27, the original budget projects another $1,603,893 deficit, bringing the projected ending fund balance down to $6,253,513.
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Put those numbers together, and Flat Rock is budgeting for its General Fund balance to decline by $2,890,043 from the audited June 2025 balance through the projected June 2027 balance.
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That is approximately 31.6%.
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There is important context here.
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The district is not projecting that it will run out of fund balance. Its FY2026-27 budget still projects $6.25 million remaining, or 21.52%.
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And the FY2025-26 and FY2026-27 figures are budgets — not audited results. Budgets can and do change as revenues and expenditures change throughout the year.
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But budgets also tell us what a district expects when it adopts them.
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In this case, Flat Rock is planning for two consecutive General Fund deficits totaling nearly $2.9 million.
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That is where Lady B closes this ledger for now.
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Five steps. Ten years of numbers. Staffing, compensation, checks, vendors, and finally the fund balance.
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The receipts are here.
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What they mean is for readers to decide.
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With receipts and respect,
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Lady B 👑
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