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Gresham-Barlow SD 10J holds supplemental budget hearing to reclassify PERS bond accounting

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Summary

Gresham-Barlow School District 10J held a supplemental budget hearing March 5 to reclassify how bond-related payments to the Public Employees Retirement System (PERS) are presented in the district’s financial statements, district leaders said.

Gresham-Barlow School District 10J held a supplemental budget hearing March 5 to reclassify how bond-related payments to the Public Employees Retirement System (PERS) are presented in the district’s financial statements, district leaders said. The hearing drew no public testimony and did not change the district’s overall budget.

Chair Chris Howe opened the hearing and turned discussion over to Dennis Clegg, who told the board the district’s recent audit flagged how certain PERS…

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