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Board accepts Dec.–Jan. treasurer's report; trustees ask questions about combined donation and payment listings
Summary
The Lansing Board of Education accepted the treasurer's report for Dec. 2024–Jan. 2025 by voice vote after discussion about combined reporting and check/ACH listings. The report showed beginning cash and investments of $180.4 million, receipts of $38.46 million and disbursements of $54.00 million for the reporting period.
The Lansing Public School District Board of Education voted March 13 to receive and approve the treasurer's report covering Dec. 2024 and Jan. 2025 and to authorize expenditures as presented.
Vice President Justin Lopez moved to accept the report and the motion was seconded by Trustee Nevarez Martinez; the board approved the report by voice vote with no recorded ‘no’ votes (vote reported as passing unanimously).
Nut graf: The finance summary includes month‑end balances, receipts and disbursements and a donor list; trustees raised procedural questions about how December and January donations were combined in the presentation and requested clarity on check and ACH disbursements.
Key figures and donations
Treasurer's highlights included:
- Beginning cash and investment balance: $180,424,505 - Receipts (period): $38,463,863 - Disbursements (period): $54,000,835 - Net transfers and interest: $373,590 - General Fund cash and investment balance (01/31/2025): $78,660,434 - General Fund cash and investment balance change vs prior year: +$40,460,248
The report also listed donations totaling $2,061.99 across donors (multiple small donations were itemized in the full packet). Trustees asked why the oral summary combined December and January figures and whether the narrative should separately identify monthly totals; Treasurer Kim (finance staff) said monthly and combined reports are provided and the available narrative covered both months.
Trustee Williams asked specifically about the check register and ACH voucher listings and whether entries paid to individuals were reimbursements or vendor payments; Treasurer Kim explained that the monthly reports list payroll, accounts‑payable and reimbursement checks and that a shorter summary is included in the packet for quick review.
Procedural motion and vote
Motion: "That the Board of Education receive the treasurer's report for December 2024 and January 2025 and approve expenditures as presented." Mover: Vice President Justin Lopez Second: Trustee Nevarez Martinez Vote: recorded as approved; chair stated motion passed 8‑0.
Ending: Trustees agreed to continue reviewing the finance packet and to ask committee members or finance staff for line‑item clarifications before meetings when needed.
