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Treasurer reports district funds healthy; education fund at $16.2 million and rainy-day up $4 million from last year
Summary
The district treasurer gave the November-month-end financial update on Dec. 10, reporting the education fund at $16.2 million (before transfers), operations and debt-service balances improving, and the rainy-day fund up roughly $4 million year-over-year.
The district treasurer presented November financials and a forecast ahead of December tax receipts, telling the Greater Clark County School Board on Dec. 10 that the education fund balance sits at $16,200,000 before required transfers.
Nut graf: The treasurer said December is a material month for tax revenue and state reconciliations; the district expects…
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