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Treasurer: tax settlement adds about $1.9M but district remains tight; board approves bus, track and roof bids
Summary
The Anthony Wayne Local School Board approved the treasurer's financial recommendations, including contracts for three buses, a track replacement and a Monclova roof replacement. Treasurer Carrie told the board a March tax settlement added roughly $1.9 million but the district still faces narrow cash balances and an uncertain state funding floor.
At the Anthony Wayne Local School Board meeting, Treasurer Carrie presented the April financials and the district's five-year forecast, and the board approved the treasurer's recommendations — including bids for buses, a track replacement and a roof project.
"We did see an increase of roughly $1,900,000," Carrie told the board, noting that the tax settlement reflected half a calendar-year payment because taxes are collected on a calendar-year basis while the district operates on a fiscal year. She said she included a projected $3,400,000 in the five-year forecast to reflect expectations of being brought back up to the 20-mill floor, and that the district's highest cash balance over the forecast is about $3,700,000.
Carrie…
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