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Board reviews July financials, certifies commercial paper and affirms five-year forecast practice

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Summary

Treasurer presented July revenue receipts, projections and certification of commercial paper; board approved continuing five-year forecasts for planning and acknowledged potential meeting schedule changes due to state forecast timing.

The Bowling Green City Schools treasurer presented the district’s July financial report at the Aug. 14 meeting, noting real estate tax receipts and updated income-tax projections and asking the board to recognize the district’s use of commercial paper and short-term bank investments. The treasurer told the board that real estate tax collections showed a modest increase compared with the same period last year and that…

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