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Treasurer: June is the district’s largest spend month; some CDs maturing, private‑school payments continue
Summary
Cabell County’s finance director reviewed June financials, explaining large June payroll outlays, two CDs maturing in August, and longstanding payments to private providers for preschool and private‑school per‑diem attendance; treasurer will report back on any changes related to the Hope scholarship.
Cabell County Schools’ finance director presented the June financial report at the Aug. 5 board meeting and said June is traditionally the district’s most expensive month because summer payrolls for teachers and other employees are processed in June. The director said the June expenditures were approximately $35 million for the month (standalone June figure) and that final annual statements will be prepared for…
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