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Board hears year-end unaudited finances and approves transfers
Summary
The board reviewed unaudited fiscal-year 2024–25 results showing a projected net favorable position of about $1.06 million after adjustments, and approved year-end transfers totaling $519,870.84.
District finance staff reported year-end unaudited financials for fiscal 2024–25 showing a projected net favorable position after adjustments of $1,057,365. The board then approved year-end transfers totaling $519,870.84 as part of routine fiscal-year closing adjustments.
The finance presenter said the initial projected net favorable position was $1,110,000 and that after accounting for…
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