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Board approves June financials: revenues, expenditures, balance sheet and cash flow
Summary
The board approved preliminary June revenue and expenditure reports, combined balance sheet, statement of cash flow and bank reconciliations; staff reported preliminary general fund revenues and expenditures and explained the higher June fund balance driven by payroll timing and revenue increases.
The school board approved the district’s preliminary financial reports for June, including revenue and expenditure statements, the combined balance sheet and the statement of cash flows, and certified bank reconciliations.
A staff finance presenter reported preliminary general fund revenue collections for June at $375,032,160 and total revenues received through June at $428,305,753. Preliminary general fund expenditures for…
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