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Board hears finance report: investment income up, appropriations and Lakewood Public Library budget on schedule
Summary
Board member Clark Sutton reported April investment earnings, year‑to‑date variances in revenues and expenditures, and that the Lakewood Public Library budget will be considered in the June 16 meeting to meet Ohio Revised Code deadlines in July.
During the June 2 meeting, board member Clark Sutton delivered the finance report, saying April investment earnings for regular board funds totaled $233,559 and year‑to‑date investment income reached $2,722,837.
Sutton said the district’s general fund receipts and expenditures for April were reported (receipts roughly $1.9 million and expenditures roughly $6.8 million as stated in the report) and that the district shows a positive…
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