Federal Projects
Explore this fund’s reported income, spending, and balances. The summary shows audited FY2025 figures; each section identifies its own years.
Fund balance is the reported amount remaining, not necessarily cash available to spend.
Financial historyCompare reported revenue, spending, transfers, and balances across years.
Available audited history: 2017-2018 through 2024-2025. A year before first separate reporting is not represented as zero. Changes in source presentation are explained below.
| Measure | Actual2017-2018 | Actual2018-2019 | Actual2019-2020 | Actual2020-2021 | Actual2021-2022 | Actual2022-2023 | Actual2023-2024 | Actual2024-2025 |
|---|---|---|---|---|---|---|---|---|
| Beginning balance (as presented) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8,497 |
| Revenue, including reported nonoperating revenue | 1,987,092 | 1,322,610 | 1,280,828 | 2,314,462 | 4,698,472 | 4,927,333 | 3,786,792 | 1,707,903 |
| Expenditures | 2,085,640 | 1,322,610 | 1,280,828 | 2,314,462 | 4,698,472 | 4,927,333 | 3,778,295 | 1,716,400 |
| Transfers received | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 200,000 |
| Transfers, net (older format) | 98,548 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Reported change | 0 | 0 | 0 | 0 | 0 | 0 | 8,497 | 191,503 |
| Ending fund balance | 0 | 0 | 0 | 0 | 0 | 0 | 8,497 | 200,000 |
Revenue and expense fields use the source’s accounting basis. Investment income and capital contributions are not assumed to be service receipts; transfers are not counted as revenue. Zero in these aggregate schedules means no reported activity in that category, not proof that a missing detailed account is zero.
History sources and reporting changes
- 2017-2018: Separate Federal Projects fund; major/nonmajor presentation changes do not create a new fund. PDF page 29
- 2018-2019: Separate Federal Projects fund; major/nonmajor presentation changes do not create a new fund. PDF page 131
- 2019-2020: Separate Federal Projects fund; major/nonmajor presentation changes do not create a new fund. PDF page 135
- 2020-2021: Separate Federal Projects fund; major/nonmajor presentation changes do not create a new fund. PDF page 131
- 2021-2022: Reported in the nonmajor governmental funds combining statement in FY2022. PDF page 137
- 2022-2023: Presented as a major fund in FY2023 after being nonmajor in FY2022. PDF page 36
- 2023-2024: Source schedule retained. PDF page 36
- 2024-2025: Source schedule retained. PDF page 33
Revenue detailCompare income across fiscal years, with the latest year's detailed sources below.
Audited revenue, not cash receipts. Transfers and borrowing are separate. A dash means the category is not separately reported here.
| Revenue source | ActualFY2018 | ActualFY2019 | ActualFY2020 | ActualFY2021 | ActualFY2022 | ActualFY2023Comparison note | ActualFY2024 | ActualFY2025 |
|---|---|---|---|---|---|---|---|---|
| Intergovernmental | 1,987,092 | 1,322,610 | 1,280,828 | 2,314,462 | 4,698,472 | 4,927,333 | 3,786,792 | 1,707,903 |
| Total revenue | 1,987,092 | 1,322,610 | 1,280,828 | 2,314,462 | 4,698,472 | 4,927,333 | 3,786,792 | 1,707,903 |
FY2023 comparison: The fund moves to major-fund presentation. Revenue remains intergovernmental; the presentation move does not itself explain a revenue change. Source
What the revenue records show
FY2024 to FY2025: Revenue fell by $2,078,889, entirely in intergovernmental revenue. Grant-level records are needed to distinguish program completion, reimbursement timing, and other changes. The FY2024 federal-awards schedule includes substantial education stabilization awards. Its scope differs from the FY2025 schedule, which excludes the Board of Education, so comparing those schedules does not prove the cause of this fund’s decline. FY2024 source FY2025 source FY2024 source FY2025 source
Source notes
- FY2018: Audited governmental-fund revenue category; row sum matches reported total revenues.
- FY2019: Audited nonmajor governmental-fund category; row sum matches reported total revenues.
- FY2020: Audited nonmajor governmental-fund category; row sum matches reported total revenues.
- FY2021: Audited nonmajor governmental-fund category; row sum matches reported total revenues.
- FY2022: Audited nonmajor governmental-fund category recovered from the scanned statement; row sum matches reported total revenues.
- FY2023: Audited major governmental-fund category recovered from the scanned statement; row sum matches reported total revenues.
- FY2024: Audited governmental-fund category; row sum matches reported total revenues.
- FY2025: Audited governmental-fund category; row sum matches reported total revenues.
FY2025 revenue detail
Actual revenue on the audit’s accounting basis. Transfers and borrowing are separate from these totals.
Revenues: $1,707,903
| Revenue source | ActualFY2025 |
|---|---|
| Intergovernmental | 1,707,903 |
Total revenue: $1,707,903
Latest budget: a comparison has not yet been prepared for this fund.
Follow the transfers — FY2025Sending and receiving funds, with confirmed routes separated from inferred matches.
These are actual transfers. Some detail comes from the actual column of a later budget book. Transfers do not create new citywide revenue.
General Purpose School → Federal Projects: $200,000 · Documented route
Evidence for this route
The audit states that the Federal Projects Fund increase was due to a transfer from the General Purpose School Fund; the fund statement reports $200,000 out and $200,000 in.
What the records showFY2024 to FY2025: what is established and what still needs evidence.
The $2,061,895 decline is accounted for by $1,056,583 less instruction, $413,476 less support services, and $591,836 less capital outlay. FY2025 has no separate capital-outlay row; its instruction and support totals equal all expenditures.
FY2024 federal-award schedules list $2,332,427 in Education Stabilization subprograms. This is context, not a reconciled explanation of the fund decline: the award schedule scope differs from the fund statement. Grant-level closeout records are still needed to establish the causes.