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CFO warns of timing mismatch between tax revenues and fiscal-year expenditures; auditors are scarce
Summary
Ryan Hines, the district’s chief financial officer, gave a finance update at the October 2025 meeting outlining the September financial dashboard, fund- versus cash-balance differences, audit status and near-term reporting deadlines.
Ryan Hines, the district’s chief financial officer, gave a finance update at the October 2025 meeting outlining the September financial dashboard, fund- versus cash-balance differences, audit status and near-term reporting deadlines.
Hines told the board the district’s FY26 budget (as presented in the treasurer’s notes) lists revenue of about $33 million and expenditures of about $36 million. He emphasized the district’s practice of underspending the expense budget so carryover funds are available for the next fiscal year and drew attention to large monthly claims that affected September totals (Pinnacle Bank biannual payment; a $193,000…
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