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Finance director reviews budget updates; board ratifies district Annual Financial Report

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Summary

Finance director Brenda Guerra presented monthly updates on maintenance-and-operations and capital budgets, and the board ratified the district Annual Financial Report by roll call. Staff said M&O and capital budgets were about 16% expended to date and reported a student-activities cash balance.

Brenda Guerra, the district director of finance, presented the board with the monthly maintenance-and-operations (M&O) and capital budget updates and the monthly student-activities fund report.

Guerra noted that the district had revised budget figures during the prior month and that the updated M&O grand total shown in the board packet is $106,000,976. She reported the district has spent about 16 percent of that M&O total to date. The capital…

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