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Bowling Green treasurer: district close to projections, switches cyber insurer to Quartus
Summary
The district treasurer told the board that fiscal-year revenue collections and expenditures are close to projections, cash reserves have declined from last year, and the district will switch its cyber policy to Quartus with a $10,000 deductible and a premium about $3,000 lower than an earlier renewal quote.
At the June 17 Bowling Green City School District board meeting, the district treasurer delivered the fiscal-year-end report and recommended renewing cyber and pollution insurance coverage.
The treasurer said the district collected about 97.6% of projected revenue for the year and spent roughly 87% of the budgeted expenditures, leaving cash balances roughly…
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