Staff corrects budget spreadsheet formula; board accepts adjusted totals
Staff presented a corrected budget spreadsheet formula that changed several line totals; the presenter read a fund balance of $25,942,625 and total sources available of $155,729,421. The board approved the updated numbers after discussion.
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Staff told the board they had provided a new budget document that included a formula cell missing from the previously posted attachment. The presenter read the totals: "The fund balance being $25,942,625 and the total sources available of $155,729,421," and explained that adding a new line item (10a) and populating the formula caused the downstream totals to change.
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