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Solanco SD reports $13.5 million in August tax receipts; board approves fund reports and HVAC change order
Summary
At its Sept. 15 meeting the Solanco School District Board approved routine financial reports showing $13.5 million in August receipts (mostly taxes), heard that insurance proceeds related to water damage will add to the capital projects fund, and OK’d a high-school HVAC contract change order for unused allowances.
The Solanco School District Board of School Directors on Sept. 15 approved monthly financial reports showing large August tax receipts, discussed incoming insurance proceeds related to water damage at a district facility, and voted to approve a high-school HVAC change order that the district described as reflecting unused allowances.
Board business manager Missus Tucker told the board that total general fund receipts for August were $13,536,737.26, with disbursements of $4,269,659.41 and a month-end increase of $9,267,077.85; she said about $13 million of the receipts were from taxes and that the general fund balance on Aug. 31 was $28,176,893.09. On the…
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