Board Reviews New Month-by-Month Financial Tracking Tool to Improve Budget Transparency
Staff showed a draft monthly tracking document that projects fund positions before June 15 by combining budgeted state aid with monthly expenditure trends; boardists asked for the report to be added to the monthly consent agenda for ongoing review.
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Staff member (S2) demonstrated a new financial-tracking document intended to show where the district stands month to month before the fiscal year-end and noted it uses budgeted general fund figures and state supplemental aid as base numbers. S2 cautioned that actual state aid will be recalculated after the 9/20 enrollment count and auditors may reclassify certain items, so the tool is a draft that will be refined.
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