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Director of business services presents new treasurer's report, shows cash balances and investments
Summary
Director of Business Services Robin Possopin told the board the district has most funds in Minnesota School District Book of Asset Fund and almost $1 million in investments; supplies spending shows 50% of textbook budget spent in July.
Robin Possopin, the district's director of business services, presented a new treasurer's report to the Chisago Lakes School District Board, showing cash balances by fund and noting the district has almost $1 million invested.
Possopin told the board the packet did not include enrollment figures because school had not yet started and that July revenue is minimal, which makes monthly graphs unhelpful. She said the general fund shows supplies and materials at about 50% spent for July because textbook purchases were made…
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