Columbia School District has surplus funds, will allocate to capital improvements

By Columbia Spy -


When: Columbia Borough school board meeting, Oct. 7.

What happened: Keith Ramsey, district business manager, presented the final expenses of the 2024-25 year to the board at its monthly committee meeting. The pre-audit numbers for the previous academic year include a revenue of $34.1 million and expenditures of $33.3 million, resulting in a $782,383 surplus.

Next steps: Ramsey recommended the district surplus be transferred to the capital improvement fund for future construction projects. The board will vote on whether to transfer these funds at the Oct. 16 meeting. If approved, this surplus would bring the capital improvement fund to a $3.32 million balance.

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