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Finance director: North Clackamas projects $86.6 million ending fund balance; revenue forecast up $11.7 million
Summary
Executive Director of Finance and Business Services Matt McCarra told the board the district’s preliminary projected ending fund balance for fiscal year 2024–25 is about $86.6 million and that forecasted revenue is approximately $11.7 million above budget, with transfers increased to build PERS reserves and for a facility acquisition.
Matt McCarra, executive director of finance and business services, presented the district’s quarterly financial report for the quarter ending June 30, 2025, saying the numbers are preliminary and subject to final audit.
“The numbers are preliminary and may change pending the final audit,” McCarra told the board. He said the…
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