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Mercer County Board hears finance update showing higher cash balance, official warns federal funds may decline
Summary
At a Board of Education meeting, the district finance presenter reported a higher ending general fund cash balance and reviewed revenue, expense and receipt figures; the presenter cautioned that federal funds driving some increases may decrease going forward.
At a meeting of the Mercer County Board of Education, the district's finance presenter, Miss Minor, reported an increase in the district's general fund cash balance and reviewed revenue and expense figures for the year.
Miss Minor said the ending general fund cash balance was $10,140,000, compared with $7,850,000 the prior year. She reported total general fund revenue,…
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