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Piedmont Community Charter board hears finance report showing $313,449 net surplus and about $7.0 million in cash and investments

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Summary

Board finance presenter reported a year-to-date net surplus after investments of $313,448.82, total cash and investments of $6,986,813.20 and detailed balances in bond and reserve accounts.

The Piedmont Community Charter School Board of Directors received a finance report at its meeting that showed a net surplus after investment of $313,448.82 and total cash and investments of $6,986,813.20.

The summary presented to the board showed total expenses of $1,518,790.46 and a net surplus before investment of $223,412. Other…

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