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Board hears year-to-date budget report as staff flag conservative revenue outlook
Summary
District staff reported $2.9 million year-to-date revenue, nearly $13 million in year-to-date expenditures, and a combined bank and investment balance of about $16 million; staff said they used conservative revenue assumptions for state funding.
District staff told the Savannah R-III School District board that the district’s year-to-date revenue is about $2,900,000 and that year-to-date expenditures are nearly $13,000,000.
The staff report said the district’s combined balance in Connections Bank and investment accounts is approximately $16,000,006.77. The presenter said budget balances show the district is “doing well” year to date but noted the district had budgeted several…
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