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Forney ISD financial report: state aid payment, accruals and fund balances noted
Summary
CFO John Chase reported April activity: a state aid payment of $8.9 million, accrued wages payable on the balance sheet and fund balances across general, food service and capital project funds; some public figures in the transcript were unclear and are reported as stated by the presenter.
Forney ISD Chief Financial Officer John Chase presented the district's monthly financial report covering activity through April and highlighted a large state aid payment and year-to-date balances.
Chase told trustees that the largest revenue item for the month was an $8.9 million state aid payment. He said general fund revenue collections…
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