Nashville School Board approves routine payment of bills; budget report shows $7.8 million balance
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Summary
The Nashville School District board voted unanimously to pay current bills after administration reported the district had used about 56.4% of its budget and held an operating balance of $7,815,144.
The Nashville School District Board of Education voted unanimously to approve payment of the district's current bills after the finance report showed the district has used roughly 56.4% of its annual budget and maintains an operating balance of $7,815,144.
Mister Graham, Superintendent, told the board a spreadsheet presented to members “says that this operating period that we have that we've used 56.4 percent of our budget” and that the “operating balance of $7,815,144 … is also a healthy balance, for this time of year.” He recommended the board pay the bills.
A board member moved to pay the bills; another board member seconded the motion. The board voted 5–0 to approve payment.
The action was procedural and no further discussion of reserves or budget adjustments was recorded during the vote. The approval keeps the district's accounts payable activity current as presented by administration.