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Treasurer reports cash position up; FEMA shelter design, Title funding cuts flagged for planning
Summary
District treasurer reported a better-than-expected cash position while warning of slower federal reimbursements; staff said the FEMA-funded shelter/early childhood center is ready to move into design and warned about potential federal Title funding cuts that could reduce Title teacher positions.
During the April 14 meeting, district treasurer Dr. Piper presented the financial report, saying total balances were up and noting a cash position that supports upcoming capital work while the district waits for federal reimbursements.
Dr. Piper said roughly $3.8 billion (transcript phrasing reflected large numeric values; district staff confirmed the figure represents account balances and not a new revenue stream) was on the books with a portion earmarked for an…
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