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Board hears finance report showing projected $1 million surplus; approves sale of aged bus
Summary
The district presented an unaudited projection showing about a $1 million surplus for fiscal 2024–25 caused by reduced expenses and higher-than-expected collections; the board unanimously approved a contract to auction a 2008 Bluebird bus and ratified a personnel report to enable hires before school opens.
Mount Lebanon’s financial staff presented the June/July treasurer’s reports Aug. 11 showing an unaudited projection of approximately $1 million surplus for the 2024–25 fiscal year, citing expense controls and several one‑time and ongoing revenue items. At the same meeting the board approved the auction of a 2008 72‑passenger Bluebird bus and approved a personnel report so hires could be completed before classes begin.
Why it matters: The projection reverses earlier concerns tied to state funding changes and, if confirmed by the district’s auditors, would improve the district’s fund balance and allow the board to plan for capital allocations. The bus sale and personnel actions are operational items to support the coming school…
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