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Milford board hears treasurer report, flags state funding uncertainty and seeks audits of transportation
Summary
Treasurer reported the district closed December on schedule and showed a year‑to‑date surplus; board members warned the Fair School Funding plan may not be fully funded and discussed third‑party and state performance audits of transportation and district finances.
The Milford Exempted Village School District treasurer told the board on Jan. 16 that December accounts are closed and the district is about $800,000–$900,000 ahead year to date, but board members raised concerns about possible reductions in state school funding and directed follow-up audits on transportation and finances.
The treasurer reported the district’s bank operating account and state software balances are reconciled and said year‑to‑date figures show an operating surplus.…
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