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Board adopts Board of Finance items and hears fiscal report showing healthy balances and rising assessed value
Summary
The board adopted Board of Finance resolutions and heard an annual fiscal report showing the district earned about 3.4% interest in 2024, held about $15 million in bank balances at year end and maintained roughly $9 million in education/operations fund balances for 2023.
The board convened a Board of Finance meeting and adopted required annual items, received an investment report and heard a fiscal condition presentation showing healthy balances and assessed value growth.
Dr. Taylor presented the required Board of Finance materials and an investment report. He said the district earned an interest rate of about 3.4% for 2024 and reported roughly $15 million in bank balances at year end. Taylor described…
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