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District financial officer walks board through fund accounting, reports large cash and investment balances
Summary
Springfield SD 186 presented its September 2025 business report, including fund balances, cash and investment totals, and an explained overview of the district's nine fund structure and recent payroll and reporting items.
Mr. Miller, a business-office staff member who presented the report, told the Board of Education that September FY2026 education fund revenues were $46,000,000 and expenditures were $15,300,000, leaving revenues exceeding expenditures by $30,700,000. He said the district's operating funds (education, operations and maintenance, transportation and working cash) held $64,200,000 as of Sept. 30, 2025, and total cash and investments across all funds were $195,300,000.
Why it matters: Miller framed the numbers as context for upcoming budget and levy work, and…
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