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Board hears finance update; officials say district can carry cash through November if state budget delayed
Summary
Clarkston Community Schools officials told the board Monday that the district's fund equity and cash reserves would allow operations to continue for several months if the Michigan Legislature delays the state budget and the first school-aid payment.
Clarkston Community Schools officials told the board Monday that the district's fund equity and cash reserves would allow operations to continue for several months if the Michigan Legislature delays the state budget and the first school-aid payment.
Marybeth Rogers presented the monthly finance report covering June, July and August. Rogers reported an August 31 fund equity figure of $25,700,000 and an…
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