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Oldham County board approves FY25 working budget as treasurer warns of low early-year cash flow

5920776 · September 24, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Oldham County Board of Education on Sept. 23 approved its FY25 working budget 5-0 after a treasurer's report showed typical low cash receipts in the first quarter and flagged upcoming state allocations.

Oldham County Board of Education members approved the district's FY25 working budget during their Sept. 23 regular meeting following a treasurer's report that described the district's typical first-quarter cash flow pattern.

Treasurer Miss Alexander told the board the district was in the first fiscal quarter and that "we have our lowest cash flow in July, August, and September." She said the district received "$7,700,000 in receipts, but we…

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