1 of 3

1

2 of 3

HOLLIS INNOVATION ACADEMY�LEVELING AND FY25 BUDGET ADJUSTMENT�8-28-24

3 of 3

ENROLLMENT

3

Projected Enrollment

597

15-Day Count(08.21.24) Enrollment

545

Difference

-52

LEVELING

Leveling is the process the District uses to adjust school budget allocations to match student enrollment.

Budget Adjustment*

$-316,086

2.5 Staff Members

*The budget adjustment reflects the impact of the following: enrollment changes, FY25 reserve, adjustments to Title I, Family Engagement and School Improvement Allocations, Security Grants and FY24 carryover funds