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CFO flags revenue shortfall and fund‑balance drawdown in June financials; board asks for plain‑language health report
Summary
CFO Dan Peterson told the board that June financials show a drawdown in ending fund balance due to revenues coming in below budget; directors asked for a simple written financial health summary and key performance indicators before ongoing oversight work sessions.
District Chief Financial Officer Dan Peterson presented the board with the district’s June financial statements at the Aug. 21 meeting and urged directors to consider a short, plain‑language financial health report and key performance indicators (KPIs) for ongoing oversight. Peterson said expenditures came in under budget by roughly $5.7 million but total revenues were lower than anticipated, producing a drawdown in…
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