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Board receives March financial report; operating fund on track at reported 68.06% attainment
Summary
The board heard a nine-month financial update from Mr. O'Keefe: operating fund expenses were reported at about $4.3 million and roughly 68.06% of the full-year budget; school lunch and grants figures and facility purchases were also discussed.
At the April 21 meeting the Buchanan Board of Education received a nine-month financial update from Mr. O'Keefe reporting operating fund and ancillary fund results through March 31.
"We're 9 months in. As of March 31, our operating fund expense actual totals 4,300,000.0 or 68.06% of our full year budget of 109.1," O'Keefe said. He described that percentage as an attainment indicator and said it mirrors the prior year after resolving a timing difference in transportation billings.
O'Keefe reviewed…
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