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District finance director reports $3.8 million state support; general fund trending toward positive

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Summary

District staff told the board that March receipts included $3.8 million in state support tied to property-tax relief and that the district's general fund is moving back into positive territory after earlier reserve draws.

Stuart, a district finance staff member, told the North Platte Board of Education on April 14 that March brought a significant revenue swing after months of using reserves.

"In March, we received $3,800,000 in state support," Stuart said, adding that the funding increase is tied to state support intended to offset…

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