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District finance director revises budget; board sets budget hearing for June 9
Summary
The district’s finance report showed revised figures, unspent levy funds of roughly $72,000 (as of April), school modernization interest earnings of about $173,000, and an $113,000 unplanned annex roofing expense; the board set the budget hearing for June 9 at 4 p.m.
District finance staff presented a revised budget summary and recommended a budget hearing date. The board voted to set the public budget hearing for June 9 at 4 p.m.
Finance staff said the levy showed about $72,000 unspent after April expenses (down from an $85,000 March snapshot), school modernization funds had accrued approximately $173,000 in interest as of April 1, and the district was accounting for unplanned maintenance expenses, including an annex roofing repair estimated at about $113,000. The report noted that Medicaid reimbursement estimates remain uncertain and that the district has set aside general-fund reserves in case reimbursements fall short.
Board members asked for clarity on differences between the original and revised budgets; staff explained that maintenance and repairs are adjusted as needs arise and that some lines are shifted when repairs exceed base estimates. Trustees thanked finance staff and approved the June 9 public hearing time.
