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CFO reports steady spending, state funding proposals could shift district revenue; superintendent outlines safety staffing and March parent summit
Summary
CFO Brian Wallace said December finances showed steady expenditures and rising literacy categorical receipts; the superintendent announced a new campus security officer, plans for a March 18 parent safety summit focused on social media and cell-phone impacts, and cited increases in a trusted‑adult metric at Sandpoint Middle School.
Brian Wallace, the district’s chief financial officer, gave the board a monthly financial update Tuesday: expenditures were consistent with prior months, dominated by salaries and benefits at roughly $3.5 million per month, while the revenue side showed some timing changes as levy collections and categorical state literacy dollars posted in December.
Why it matters: The report frames the district’s near‑term fiscal picture and outlines potential state changes that could affect funding assumptions for next year’s budget.
Wallace said the district is tracking well on expenditures and expected to report updated state revenue numbers in March, when first‑run state allocations arrive. He…
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