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Stillwater board approves consent agenda, finance and systems items; treasurer reports improving fund balance

2378834 · February 11, 2025
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Summary

The Stillwater Public Schools board approved routine consent items, accepted a certificate of substantial completion for high school roof replacements and approved several finance and technology actions after hearing the CFO's monthly report that showed a modest increase in district savings.

The Stillwater Public Schools Board of Education on March 11 approved routine consent items and a package of finance and technology measures after receiving an update from Chief Financial Officer Kristi Newby that the district's non-payroll savings rose and general fund revenue has begun to exceed expenses for the year.

Board members voted unanimously to approve the consent agenda, accept a certificate of substantial completion for high school campus roof replacement work and approve contract amendments and implementation work tied to the district's enterprise resource planning (ERP) systems.

Newby told the board the district's "piggy bank" savings increased in February and non-payroll savings rose by $372,370; she said retirements and unfilled positions added $24,447 to the district's available savings. Newby said revenues such as ad valorem taxes and state foundation aid are continuing to arrive and that some federal reimbursements remain…

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