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Finance report: district receipts rise about $700,000; bond fund expenses ramp up
Summary
The district reported roughly $700,000 of increased receipts this month, driven by state apportionment changes tied to land-investment numbers; bond-fund expenses for the high-school project increased, and the next bond payment is scheduled for June.
District staff reported an approximately $700,000 increase in receipts compared with last month, principally tied to a higher state apportionment number that staff linked to land-investment calculations and consensus student counts.
Presenters said the state apportionment this month was about $1.2 million versus roughly $500,000 in the same period last year,…
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