Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Savannah R‑III board hears December revenue boost, schedules Feb. 24 work session as construction nears completion
Summary
Board heard a financial update showing $3.78 million in December revenue and a $4.5 million COPs deposit, discussed construction nearing end of February/early March, and set a Feb. 24 work session to review budget goals and plan a ribbon-cutting.
The Savannah R‑III School District Board received a financial update showing $3,780,000 in revenue for December and heard that a $4,500,000 deposit from 2024 Certificates of Participation is available for construction costs.
In a report to the board, the business manager (unnamed) said the district’s year-to-date position has improved from a roughly $4,000,000 deficit to about $1,390,000 as state and other revenues started arriving. The manager said the district’s current operating balance in Connections Bank is $3,300,000 and confirmed the…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
