Amanda Pevey
Elmore Autauga News
The Elmore County Board of Education reviewed some of the district finances during their work session held on Monday, June 8, as Chief School Finance Officer Jason Mann outlined the status of remaining debt service funds and potential long-term savings tied to recent financial decisions.
Mann told board members that the district has made significant progress in utilizing its remaining ATF funds for long-term investments, including parking and structural improvements, and said those allocations will be largely eliminated for the 2026-27 fiscal year. He also presented payoff information showing the district’s ability to reduce debt service costs, noting that principal savings alone could exceed $1 million annually if the payoff is executed.
ATF funds refer to supplemental allocations from the state’s Education Trust Fund (ETF) Advancement and Technology Fund.
Mann plans to return with a final payoff figure for board consideration at the June 30 meeting, where officials could approve the move and lock in the projected savings.
If approved, the move would mark another step in strengthening the district’s long-term financial position while freeing up resources for future priorities across Elmore County Public schools.
