Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Lakewood CFO reports positive cash reserves, notes $200,000 state performance supplement tied to report card
Summary
The district's CFO told the board the preliminary five-year forecast shows cash reserves sufficient through fiscal 2026 and that a performance supplement tied to the state report card will add roughly $200,000 in state funding for the next two years.
The Lakewood Board of Education’s finance update on Sept. 2 showed the district’s cash reserves remain sufficient through fiscal year 2026 and included a note on additional state funding tied to the district’s state report card. Chief financial officer Miss Clarkson said the district’s July investment earnings and cash position are positive and that the initial five-year forecast for 2026 "reflects various changes" from fiscal 2025.
Miss Clarkso…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
