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District CFO: $306,000 in additional state benefits expected; county to repay withheld penalties
Summary
The district's chief finance officer told the board the state finalized benefit apportionment revisions that could add roughly $306,000 in revenue and that the county auditor will release previously withheld levy penalties and interest following a court decision.
Jessica Grant, chief financial officer for the Lakeland Joint School District, told the board that final state budget reconciliations identified additional revenue for the district and that a county accounting correction is returning withheld funds. Grant said during the financial report that “we're anticipating an additional $306,000 and some change in state benefit apportionment revenue if all of our numbers hit correctly,” and she warned that other unanticipated expenses —…
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