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Superintendent reports $330,342 year-end balance; $188,000 earmarked for TMS auditorium seating

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Summary

Superintendent Dr. Willett presented the district's end-of-year financial report showing a balance of $330,342 as of June 30, with approximately $188,000 committed to TMS auditorium seating and about $72,000 in pending encumbrances. Board members discussed prepurchases and potential budgetary pressures for the coming year.

Superintendent Dr. Willett told the Board of Education on June 11 that the district closed the fiscal year with a balance of $330,342 as of June 30.

Dr. Willett said roughly $188,000 of that balance is already committed for TMS auditorium seating and about $72,000 is tied up in encumbrances…

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