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Governing board approves June finance reports, accepts $1.4 million in forfeitures and clears several retirements
Summary
At a July 25 meeting, the governing board approved minutes and a package of finance items including a June interest report, acceptance of $109,000 in June forfeiture deposits (bringing fiscal-year forfeitures to $1.4 million), pension-account figures and several employee retirements.
The governing board approved minutes and a bundle of finance items at its July 25 meeting, including an interest report showing June interest rising from $16,000 to $243,000 and acceptance of $109,000 in June forfeiture deposits that brought fiscal-year forfeiture receipts to $1.4 million.
Board members approved the consent items by voice vote after motions and seconds; the meeting record shows members responded “Aye” when asked for approval.
The interest…
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