July 19, 2026 — Agenda

School District of Clayton For Information Only | Action Required Board of Education

Page 1 of 1 March 2026 Financial Reporting April 29, 2026

Summary This financial report provides an overview of the District’s financial activities for the period ended March 31, 2026 (9 months of FY 2026). The annual budget and this financial report are prepared on the cash basis of accounting, meaning that revenues are recognized when money is received and expenditures are recognized when checks are issued.

Financial Report Fiscal Year 2026 year-to-date financial results are meeting expectations.

Financial Reports are attached for March 31, 2026, and are presented in two views: 1. View #1 summarizes actual expenditures by Object (Salaries, Benefits, Services, Supplies, etc.) 2. View #2 summarizes actual expenditures by Function (Instructional, Support Services, etc.)

The purpose of multiple views is to enhance the reader’s perspective of district financial results.

Debt At March 31, 2026, the District had approximately $22.077M of General Obligation Bonds outstanding. Additionally, the District had approximately $1.695M of Capital Lease obligations outstanding. All current debt is scheduled to be retired by March 1, 2029.

Investments A report showing investment balances is attached. All investments comply with District policy.

2025 Property Tax Collections Earlier in 2025, St Louis County installed new software for billing and collection of property taxes. Their transition to new software caused delays in tax billings. Consequently, tax collections have been running behind prior years. Likewise, distribution of tax collections has been running about 30 days behind prior years. District fund balances are sufficient to absorb the delayed revenue.

Information Only No action required.

Submitted by: John Brazeal, Chief Financial Officer

Codes Annual Year-to-Date Annual Year-to-Date Annual Year-to-Date Annual Year-to-Date Budget Actual Budget Actual Budget Actual Budget Actual REVENUE 5199 Local - Total 24,970,930

19,233,293

39,874,000

29,161,902

8,052,000

6,501,336

3,747,000

3,276,311

5299 County Revenue 133,500

305,800

22,218

180,000

26,700

5399 State Revenue 305,990

194,274

2,007,980

1,124,246

5499 Federal Revenue 540,210

264,970

86,630

48,289

176,330

176,326

5699 Other Revenue -

5,188

25,000

1,838

5899 TOTAL REVENUE 25,950,630

19,697,725

42,274,410

30,356,655

8,408,330

6,677,661

3,798,700

3,278,149

EXPENDITURES (by Object) 6199 Salaries & Wages 10,621,117

7,451,013

32,407,161

20,159,453

6299 Employee Benefits 3,753,447

2,620,794

9,361,364

5,688,403

6399 Purchased Services 6,595,935

5,027,830

6499 Supplies 4,810,134

3,555,491

6599 Capital Outlay -

4,981,810

4,022,432

66XX Principal Pmts -

6,110,000

6,565,000

525,000

540,000

66XX Interest Pmts -

1,284,340

1,052,857

66,610

53,932

9999 Total Expenditures 25,780,633

18,655,128

41,768,525

25,847,856

7,394,340

7,617,857

5,573,420

4,616,364

Fund Transfers -

Change In Fund Balance 169,997

1,042,597

505,885

4,508,799

1,013,990

(940,195)

(1,774,720)

(1,338,215)

Beginning Fund Balance-June 30, 2025 36,698,550

36,698,550

4,851,381

6,089,732

3,775,731

Ending Fund Balance-Mar 31, 2026 37,741,147

9,360,179

5,149,537

2,437,516

Ending Fund Balance-June 30, 2026 36,868,547

5,357,266

7,103,722

2,001,011

Descriptions General (Incidental) Special (Teachers) Debt Service Capital Projects School District of Clayton For Nine Months Ended March 31, 2026 Unaudited Fund 1 Fund 2 Fund 3 Fund 4 View #1 View #1

Codes Annual Year-to-Date Annual Year-to-Date Annual Year-to-Date Annual Year-to-Date Budget Actual Budget Actual Budget Actual Budget Actual REVENUE 5199 Local - Total 24,970,930

19,233,293

39,874,000

29,161,902

8,052,000

6,501,336

3,747,000

3,276,311

5299 County Revenue 133,500

305,800

22,218

180,000

26,700

5399 State Revenue 305,990

194,274

2,007,980

1,124,246

5499 Federal Revenue 540,210

264,970

86,630

48,289

176,330

176,326

5699 Other Revenue -

5,188

25,000

1,838

5899 TOTAL REVENUE 25,950,630

19,697,725

42,274,410

30,356,655

8,408,330

6,677,661

3,798,700

3,278,149

EXPENDITURES (by Function) 1999 Total Instructional Expenditures 3,178,574

2,129,636

34,071,744

20,967,337

851,350

536,023

2999 Total Support Services Expendit 20,147,509

15,110,580

7,662,141

4,859,187

4,122,960

3,475,635

3999 Total Non-Instruction/Support 2,454,550

1,414,911

34,640

21,332

7,500

10,775

66XX Principal Pmts -

6,110,000

6,565,000

525,000

540,000

66XX Interest Pmts -

1,284,340

1,052,857

66,610

53,932

9999 Total Expenditures 25,780,633

18,655,128

41,768,525

25,847,856

7,394,340

7,617,857

5,573,420

4,616,364

Fund Transfers -

Change In Fund Balance 169,997

1,042,597

505,885

4,508,799

1,013,990

(940,195)

(1,774,720)

(1,338,215)

Beginning Fund Balance-June 30, 2025 36,698,550

36,698,550

4,851,381

6,089,732

3,775,731

Ending Fund Balance-Mar 31, 2026 37,741,147

9,360,179

5,149,537

2,437,516

Ending Fund Balance-June 30, 2026 36,868,547

5,357,266

7,103,722

2,001,011

Descriptions General (Incidental) Special (Teachers) Debt Service Capital Projects School District of Clayton For Nine Months Ended March 31, 2026 Unaudited Fund 1 Fund 2 Fund 3 Fund 4 View #2

DATE DATE PAR PURCHASE OPEN MATURITY ANTICIPATED ACTUAL BUDGETED INVESTMENT CUSIP FUND PURCHASED MATURE AMOUNT PRICE INVESTMENTS VALUE GAIN^ GAIN GAIN IF/Budget 1 07/01/25 06/30/26 $880,000.00 Interest 1 07/01/25 06/30/26 $0.00 $0.00 $218,901.09 $0.00 County Interest 1 07/01/25 06/30/26 $0.00 $0.00 $11,332.05 $0.00 MOSIP - Money Market 1 Various Various $8,493,416.29 $8,670,963.72 3.610 * $8,670,963.72 $177,547.43 $177,547.43 $0.00 MOSIP - Term 1 06/23/25 11/24/25 $5,000,000.00 $0.00 4.220 $5,090,923.29 $90,923.29 $90,923.29 $0.00 MOSIP - Term 1 01/20/26 05/12/26 $7,000,000.00 $7,000,000.00 3.610 $7,077,540.82 $77,540.82 $0.00 MOSIP - Term 1 01/20/26 06/12/26 $2,000,000.00 $2,000,000.00 3.610 $2,028,286.58 $28,286.58 $0.00 MOSIP - Term 1 01/20/26 09/11/26 $1,500,000.00 $1,500,000.00 3.420 $1,532,888.22 $32,888.22 $0.00 MOSIP - Term 1 01/20/26 10/13/26 $1,500,000.00 $1,500,000.00 3.420 $1,537,385.75 $37,385.75 $0.00 MOSIP - Term 1 01/20/26 11/12/26 $1,500,000.00 $1,500,000.00 3.420 $1,541,602.19 $41,602.19 $0.00 MOSIP - Term 1 01/20/26 12/10/26 $2,500,000.00 $2,500,000.00 3.420 $2,575,895.89 $75,895.89 $0.00 MOSIP BALANCE $24,670,963.72 MOCAAT - Liquid 1 07/01/25 06/30/26 $1,329,461.74 $1,377,858.49 3.593 * $48,396.75 $0.00 MOCAAT - Term 1 03/13/25 08/13/25 $1,500,000.00 $0.00 4.240 $1,526,659.73 $26,659.73 $26,659.73 $0.00 MOCAAT - Term 1 03/13/25 09/29/25 $1,000,000.00 $0.00 4.310 $1,010,627.40 $10,627.40 $10,627.40 $0.00 MOCAAT - Term 1 03/13/25 12/26/25 $1,000,000.00 $0.00 4.270 $1,020,823.56 $20,823.56 $20,823.56 $0.00 MOCAAT - Term 1 03/13/25 03/30/26 $1,000,000.00 $0.00 3.950 $1,029,435.62 $29,435.62 $29,435.62 $0.00 MOCAAT - Term 1 03/13/25 05/26/26 $1,000,000.00 $1,000,000.00 3.930 $1,035,423.84 $35,423.84 $0.00 $0.00 MOCAAT - Term 1 08/14/25 11/13/25 $1,500,000.00 $0.00 4.220 $1,515,781.64 $15,781.64 $15,781.64 $0.00 MOCAAT - Term 1 01/15/26 06/12/26 $4,000,000.00 $4,000,000.00 3.630 $4,058,875.62 $58,875.62 $0.00 MOCAAT - Term 1 02/26/26 08/25/26 $1,000,000.00 $1,000,000.00 3.650 $1,018,000.00 $18,000.00 $0.00 MOCAAT BALANCE $7,377,858.49 Carrollton Bank CD 1 03/13/25 09/13/25 $14,149,351.53 $0.00 4.300 $14,300,296.36 $150,944.82 $150,944.82 $0.00 Carrollton Bank CD 1 09/13/25 10/06/25 $14,300,296.35 $0.00 2.089 $14,319,121.53 $18,825.18 $18,825.18 $0.00 Carrollton Bank CD 1 10/09/25 11/12/25 $3,000,000.00 $0.00 3.941 $3,011,014.32 $11,014.32 $11,014.32 $0.00 Carrollton Bank CD 1 10/09/25 11/24/25 $3,000,000.00 $0.00 3.941 $3,014,900.22 $15,227.28 $15,227.28 $0.00 Carrollton Bank CD 1 10/09/25 12/18/25 $2,000,000.00 $0.00 3.941 $2,015,127.97 $15,127.97 $15,127.97 $0.00 Total Carrollton Bank CDs $0.00 IF/Total $32,048,822.21 $78,931,574.27 $988,837.15 $861,568.13 $880,000.00 TF/Budget 2 07/01/25 06/30/26 $880,000.00 Interest 2 07/01/25 06/30/26 $0.00 $0.00 $29,343.03 $0.00 County Interest 2 07/01/25 06/30/26 $0.00 $0.00 $27,681.78 $0.00 MOSIP - Money Market 2 Various Various $1,004,257.73 $1,027,049.30 3.610 * $1,004,257.73 $22,791.57 $22,791.57 $0.00 MOSIP - Term 2 06/23/25 09/19/25 $500,000.00 $0.00 4.320 $505,207.67 $5,207.67 $5,207.67 $0.00 MOSIP - Term 2 01/20/26 04/13/26 $1,000,000.00 $1,000,000.00 3.610 $1,008,209.04 $8,209.04 $0.00 MOSIP - Term 2 01/20/26 05/12/26 $4,000,000.00 $4,000,000.00 3.610 $4,044,309.04 $44,309.04 $0.00 MOSIP BALANCE $6,027,049.30 MOCAAT - Liquid 2 07/01/25 06/30/26 $2,090,982.26 $2,100,755.86 3.593 * $9,773.60 $0.00 MOCAAT BALANCE $2,100,755.86 TF/Total $8,127,805.16 $6,561,983.48 $80,517.32 $94,797.65 $880,000.00 DS/Budget 3 07/01/25 06/30/26 $110,000.00 Interest 3 07/01/25 06/30/26 $0.00 $0.00 $5,870.31 $0.00 County Interest 3 07/01/25 06/30/26 $0.00 $0.00 $1,456.45 $0.00 MOSIP - Money Market 3 Various Various $174,102.33 $205,594.25 3.610 * $205,594.25 $31,491.92 $31,491.92 $0.00 MOSIP - Term 3 01/28/25 07/24/25 $1,760,000.00 $0.00 4.310 $1,796,784.96 $1,796,784.96 $36,784.96 $0.00 MOSIP - Term 3 03/10/25 08/06/25 $2,200,000.00 $0.00 4.240 $2,238,078.68 $38,078.68 $38,078.68 $0.00 MOSIP - Term 3 08/14/25 02/09/26 $5,500,000.00 $0.00 4.060 $5,609,508.77 $109,508.77 $109,508.77 $0.00 MOSIP - Term 3 01/15/26 07/15/26 $2,700,000.00 $2,700,000.00 3.610 $2,748,334.44 $48,334.44 $0.00 $0.00 MOSIP - Term 3 02/26/26 08/24/26 $1,220,000.00 $1,220,000.00 3.620 $1,241,658.51 $21,658.51 $0.00 $0.00 MOSIP - CD 3 02/25/26 08/24/26 $245,000.00 $245,000.00 3.950 $249,772.47 $4,772.47 ($181.23) $1.00 MOSIP - CD 3 02/25/26 08/24/26 $245,000.00 $245,000.00 3.900 $249,712.05 $4,712.05 ($181.23) $2.00 MOSIP - CD 3 02/25/26 08/24/26 $245,000.00 $245,000.00 3.860 $249,663.73 $4,663.73 ($181.23) $3.00 MOSIP - CD 3 02/25/26 08/24/26 $245,000.00 $245,000.00 3.850 $249,651.64 $4,651.64 ($181.23) $4.00 MOSIP BALANCE $5,105,594.25 Carrollton Bank CD 3 01/14/26 02/23/26 $1,600,000.00 $0.00 3.455 $1,606,058.08 $6,058.08 $6,058.08 $0.00 DS/Total $5,105,594.25 $16,444,817.58 $2,070,715.25 $228,524.25 $110,010.00 BF/Budget 4 07/01/25 06/30/26 $88,000.00 Interest 4 07/01/25 06/30/26 $0.00 $0.00 $14,467.88 $0.00 County Interest 4 07/01/25 06/30/26 $0.00 $0.00 $2,735.50 $0.00 MOSIP - Money Market 4 Various Various $773,125.68 $799,181.43 3.610 * $799,181.43 $26,055.75 $26,055.75 $0.00 MOSIP BALANCE $799,181.43 Carrollton Bank CD 4 03/13/25 09/13/25 $505,333.98 $0.00 4.300 $510,724.87 $5,390.88 $5,390.88 $0.00 Carrollton Bank CD 4 09/13/25 03/13/26 $510,724.86 $0.00 4.184 $521,376.11 $10,651.25 $10,651.25 $0.00 Carrollton Bank CD 4 01/15/26 04/15/26 $500,000.00 500,000.00

3.455 $502,887.05 $4,259.58 $0.00 $0.00 Total Carrollton Bank CDs $500,000.00 BF/Total $1,299,181.43 $2,334,169.46 $46,357.46 $59,301.26 $88,000.00 GRAND TOTAL $46,581,403.05 $104,272,544.79 $3,186,427.18 $1,244,191.29 $1,958,010.00 Funds at Carrollton Bank are at an interest rate of 2.90%. TheMarch 2026 balance at Carrollton Bank is 12,802,401.27

* Interest rate represents the monthly distribution yield as of 3/31/26. ~ Interest rate represents the average interest rate on the various Certificates of Deposit. ^ Negative amounts in the actual gain column represent amounts paid for accrued interest on the investment. As of Dec. 10, 2025, MOSIP Fund Balances earn from 3.50% to 3.75% (approximately 100% of the Federal Funds Opening Weekly Average). RATE SCHOOL DISTRICT OF CLAYTON INVESTMENTS March-26

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July 19, 2026 — Agenda