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U-46 reports $110.6 million June surplus, $914.6 million in cash and investments
Summary
Executive director of finance reported an unaudited $110.6 million surplus for June and a combined $914.6 million in cash and investments; board discussed liquidity and capital outlays ahead of annual audit.
School District U-46 posted an unaudited surplus of $110,600,000 for June 2025, executive director of finance Robin Cornelison told the board Aug. 18, and the district reported combined cash and investments of about $914,600,000. The update covered standard year‑end timing: Cornelison said the statements are unaudited and that the external audit remains in progress. She said the June surplus resulted mainly from property tax receipts and…
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