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Finance update: interest earnings, maturing CD and Liberty Curtain project drawdown; board requests summer-camp update
Summary
The committee received a financial update: year-to-date interest earnings, a $7 million CD maturing June 5, and dwindling Liberty Curtain project funds, and asked for a summer-camp enrollment and budget update at the next work session.
Keystone Central’s finance staff reported interest earnings and project fund balances on May 27 and flagged a large certificate of deposit maturing in early June.
Joni reported the general fund had earned about $120,000 year to date (through April reporting), and that a $7,000,000 certificate of deposit had generated $717,813 in interest and matures June 5. She said the district is…
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