Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Greater Clark County Schools end May with $20.1 million balance; operations fund shows $1.1 million shortfall
Summary
District finance staff told the school board the district finished May with a $20,136,000 ending balance but an operations fund deficit of about $1.1 million; staff warned statewide property-tax and levy changes could reduce revenue in coming years.
At the June 24 meeting of the Greater Clark County School Board of Trustees, finance staff reported the district ended May with a $20,136,000 overall balance while the operations fund showed an approximate $1.1 million deficit.
The update came as district staff described the period leading into budget season and underscored uncertainty from state-level tax changes. “We ended May with an ending balance of $20,136,000,” finance staff said, adding that the operations fund was “ending May in the negative of 1,100,000.0.”
The nut of…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
