Fund Balance Definition – Fund balance is the total accumulation of operating surpluses and deficits since the beginning of a local government’s existence. FB = assets – liabilities
Operating Surplus/Deficit Definition– the difference between revenues and expenditures for a fiscal year
FY2025 ended with an operating surplus of $1,765.78
Expenditures Over by ($10,587) - deficit
Revenues Over by $12,352 - surplus
Vocational over by $9,003, Mis Rev over by $2,973, E-rate over by $835,
Interest under by ($472), Fed Forest over by $13
We ended FY25 with an unassigned fund balance of $113,826 based on the annual report to the NH Dept. of Education via the DOE-25 form. This amount was less than the maximum retained amount allowed by the Dept. of Revenue (the maximum amount allowed to be retained was $211,949) and the School Board voted to retain the full amount.
2024-2025 School Year
Roberts and Greene Auditing Firm completed the school district audit for the 24-25 school year.
The School District had an audited fund balance of $113,826 for the year ending 6/30/2025.
Audit Report
2025 Audit Report Click the link to the left to view the audit report
Prior Five Year Audit Reports
As per HB 185 following is the monies received from the State of NH for the current school year. The amount in the Received To Date column is the amount of revenue received year to date.
The NH Department of Education created a page to provide financial transparency from NH Schools & Districts. This page is referred to as iGrant, please click here to access that page for more information on grants received by schools and districts in NH.