Bermudian Springs reports $106,414 cafeteria deficit; general fund ends ~ $15.62M

Justin, the district finance presenter, summarized the monthly financial report: the general fund began at $15,782,720.35, had revenue of $3,686,585.84, expenditures including payroll left an ending balance of $15,623,121.63. He reported the cafeteria fund began the month at negative $97,697.82, received a $43,000 transfer from the general fund, had payroll expenditures and other costs and is now at negative $106,414.15.

Justin said the primary drivers of the cafeteria deficit are increased food costs and that the month included a three-payroll month, and that federal/state reimbursements (under CEP — Community Eligibility Provision) are trending up as more students buy reimbursable meals. "That continues to grow, which is a good sign that more students are buying," he said, while also warning food costs remain elevated.

Why it matters: the cafeteria shortfall requires an operating transfer from the general fund and underscores the sensitivity of food-service budgets to commodity price increases and payroll timing. Board members asked follow-up questions about long-term mitigation strategies including menu pricing, participation incentives, and whether grant or state reimbursement adjustments could narrow the deficit.

Next steps: staff will continue to monitor the trend and answer specific board questions on revenue and expenditures; the district also discussed potential budget adjustments should multi‑year capital or operational commitments (like ACTI participation) proceed.