Exchange Between Williams and Jackson
Uploaded by
Samantha ValentinoExchange Between Williams and Jackson
Uploaded by
Samantha ValentinoFrom: Jackson, Rodney <[email protected].
us>
Sent time: 08/14/2025 04:11:42 PM
Barber, Houston </o=ExchangeLabs/ou=Exchange Administrative Group
To:
(FYDIBOHF23SPDLT)/cn=Recipients/cn=18c64e6e60454cf6973a0435bc8b3cd3-Barber, Hou>
Cc:
BCc:
Subject: FW: Fund Balance projection
Attachments: Salary True-up RE: FY24 Operating and Salary expenses
Dr. Barber
Please see the attached and read thoroughly. Additionally, please see the email commentary below. disturbing to say the
least.
Rod
From: Williams, Jessica M ‐ Budget & Staffing <[email protected]>
Sent: Thursday, August 14, 2025 3:03 PM
To: Jackson, Rodney <[email protected]>
Subject: RE: Fund Balance projection
Hi Rodney,
Please see my responses in blue below.
Thank you,
Jessica Williams
Budget Specialist | Office of Budget and Financial Planning
(859) 422-0329 (office)
FAYETTE COUNTY PUBLIC SCHOOLS
John D. Price Administration Building
450 Park Place Lexington, KY 40511
From: Jackson, Rodney <[email protected]>
Sent: Monday, August 11, 2025 5:53 PM
To: Williams, Jessica M ‐ Budget & Staffing <[email protected]>
Subject: RE: Fund Balance projection
Thanks for sharing. This is definitely disturbing. Please see some additional questions below..
From: Williams, Jessica M ‐ Budget & Staffing <[email protected]>
Sent: Monday, August 11, 2025 5:25 PM
To: Jackson, Rodney <[email protected]>
Subject: FW: Fund Balance projection
FYI…
I’m still looking for Excel files of final docs, but wanted to share this as well.
Thank you,
Jessica Williams
Budget Specialist | Office of Budget and Financial Planning
(859) 422-0329 (office)
FAYETTE COUNTY PUBLIC SCHOOLS
John D. Price Administration Building
450 Park Place Lexington, KY 40511
From: Williams, Jessica M ‐ Budget & Staffing
Sent: Tuesday, January 28, 2025 4:11 PM
To: Sampson Grimes, Ann <[email protected]>; Swearingen, Michael
<[email protected]>
Subject: Fund Balance projection
Hello Ann,
As I shared with you, I am very concerned about fund balance. Based on my current model and using budgeted revenue,
the projected fund balance rolling into FY26 will only be approximately $2M. (did she respond to you in email to this email
to address this or is this another time that she started cutting you out and did not speak with you similarly to when she
went 2.5 months?) (She did not respond to me in email. After Michael started, she cut me out of information regarding
daily operations as well as took away my ability to process budget transfers) As you are aware, without significant
reductions, the available funds for contingency will be less than both the state requirement and FCPS’s internal policy.
(Do you have any similar conversation threads related to 2024FY with her as well. I recall you asking me last year out of
concern for the 2024 budget year end but we made the contingency that year however it was a very deep drop in fund
balance.) (Yes, I will attach). Also, the budget is out of balance, as there is currently $5,636,475 more budgeted in
expense than revenue. I would welcome the opportunity to sit down and walk through the model with you. (did you all
meet? Did she develop a plan? Why did she not communicate this to Dr. Barber or Liggins or the Board?) ( I don’t have
any follow-up meetings on my calendar. She had shared at some point that some of the CFR funds would be used to
help with the offset. I’m not sure what communication was shared) In the meantime, I have created another model that
gives a high-level overview.
This model uses YTD data for periods 1-6 and then uses prior year’s spend rate to project periods 7-13. Please note that
Salaries & Benefits are trending higher for FY25, while the pace for Operating is slightly less than FY24. Please reach out
with any questions.
Thank you,
Jessica Williams
Budget Specialist | Office of Budget and Financial Planning
(859) 422-0329 (office)
FAYETTE COUNTY PUBLIC SCHOOLS
John D. Price Administration Building
450 Park Place Lexington, KY 40511
