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District finance report: revenues at 41.5% of budget, reserves at 10 months
2588760 · March 11, 2025
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Summary
District finance staff told the board the district has received 41.5% of budgeted revenue for fiscal 2025 through Jan. 31; general fund expenditures were 32.6% of budget and the general fund reserve stood at roughly 10 months.
Hoover City Schools finance staff reported to the board on cash disbursements and operating results for the month ended Jan. 31, 2025.
Mister McKay presented summary figures: cash disbursements for the reporting period totaled $13,934,914.13 for February and January cash disbursements were $4,578,665.11. As of…
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