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District closes year with smaller-than-expected surplus; food service posts modest surplus
Summary
The business administrator reported the district’s preliminary year‑end figures show about $313,580 before trust transfers and said $63,580 will be returned to towns after planned trustee allocations; the result is roughly $186,000 less than projected at budget time.
The business administrator told the board the district is still closing the prior fiscal year and cautioned that final numbers may change. Preliminary figures show an ending balance of approximately $313,580 before transfers to trust funds.
The district plans to send $250,000 to the trustee of the trust fund—$125,000 to the turf field account and $125,000 to the facilities expendable trust—and anticipates sending $63,580 back to…
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