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Board approves monthly financials amid debate over fund-balance timing and transportation costs
Summary
The board approved the agenda and monthly financial report and discussed a large month-to-month shift in unassigned fund balance tied to accounting timing and categorical allocations and rising transportation costs that could increase expenses by about $2 million.
The Prior Lake-Savage Area Schools board approved the meeting agenda and several consent items, including the monthly financial report, after extended discussion about fund-balance swings and projected transportation overages.
Board actions: The board approved the agenda (7–0; motion by Director France, second by Director Johnson); approved the consent agenda excluding two pulled items (motion by Director Atkinson, second by Director Bullion; 7–0); approved the monthly financial report (motion by Director Atkinson, second by Director Olstead; 7–0); approved district retirements (motion by Director Atkinson, second by Director France; 7–0); accepted a $700 gift from the Minneapolis Foundation and the Mdewakanton Sioux Community for Native Minnesota programming (motion by Director Johnson, second by Director Bullion; roll call 7–0); approved a booster-funded boys volleyball B-squad coaching position (motion by…
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