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Oregon City schools treasurer outlines revenue gains, warns of legislative changes; board appoints interim treasurer services
Summary
Oregon City — Treasurer Jane told the Oregon City School District Board of Education on April 15 that the district’s revenue picture has improved this year but that pending state changes could affect future budgets, and the board approved outside interim treasurer services while the district searches for a replacement.
Oregon City — Treasurer Jane told the Oregon City School District Board of Education on April 15 that the district’s revenue picture has improved this year but that pending state changes could affect future budgets, and the board approved outside interim treasurer services while the district searches for a replacement.
Jane, the district treasurer, said property-valuation increases drove revenue above earlier estimates and that Medicaid settlement payments and federal grants contributed to an overall 8% revenue increase compared with last year. “We will be receiving $225,000,” she said of a Medicaid settlement payment the district expects to transfer to the PI fund.
The board moved quickly to approve a set of agreements to provide temporary treasurer-of-record services through the Educational Service Center of Northeast Ohio and the Shared Services Alliance, and to contract with Jennifer Sedkoff for interim treasurer-of-record…
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