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Board accepts May general fund report, approves $12.6 million in warrants and authorizes committed fund balance

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Summary

Board received the treasurer's May financial report showing a May 31 general fund balance of $46.8 million, approved $12.6 million in warrants and authorized GASB 54 committed fund balance for SBDM carryovers.

The Daviess County Board of Education accepted the treasurer’s report for May and approved payment of warrants totaling $12,615,976.27, including payroll and several fund warrants.

Treasurer’s figures presented in the board packet show a General Fund balance of $44,198,051.44 on May 1, 2025; receipts of $5,004,982.19; total available for expenditures of $49,203,033.63; expenditures of $2,400,593.61 for…

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