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  3. Finance

Finance

The Finance Department encompasses most aspects of school and district money management. These include budgeting, enrollment projections, accounting, payroll and benefits, accounts payable and receivable, purchasing, inventory control, and asset management. 

We are here to support our schools, families, staff, and community. Please contact us if you need more information about the district’s finances or business processes. 

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  • Our revenue comes from three main sources:

     

    STATE Our primary source of revenue is from the state. The state allocates school funds based on the number of students we have and other considerations.  

     

    FEDERAL We also receive general fund revenue from the federal government. Most of those dollars can only be used for specific programs, such as special education or extra help for students from low-income families.

     

    LOCAL We currently receive revenue from local property taxes in the form of a school levy. This levy plays a crucial role in providing our students with a comprehensive and high-quality education. It helps cover expenses that the state doesn't fully fund, including activities, athletics, arts, music, libraries, safety, and security.

     

     

    Here are the revenue sources for the 2023–2024 school year:

    A chart in the shape of a pencil representing revenue sources.

     

     

    Below are approximate visual graphics of the

    estimated revenue sources for the

    2024-2025 school year:

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    A chart with four different colored segments.

ASB Reporting

The Moses Lake School District adheres to Washington Association of School Business Officials (WASBO) guidelines to help promote best practices of school business management and educational resources.

Associated Student Body (ASB) funds are public monies raised on behalf of students, and are used for optional, extra-curricular events of a cultural, athletic, recreational, or social nature. In general, carryover amounts from one year to another are due to anticipated expenditures for student activities which take more than a year of fundraising. These funds are not available for curricular or graded student activities.

Reports reflect the detailed ASB account balances by school. Beginning balances for each fiscal year report are as of September 1, and ending balances are as of August 31. The individual reports are intended to be informational only. These reports are posted in compliance with the revised RCW Chapter 28A.325.