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Emmett district budget report: $1.965 million in HB 292 funds, larger-than-expected carryover, technology costs highlighted
Summary
District finance staff reported the annual audit is complete and that the district received $1,965,000 in House Bill 292 funds; general fund carryover exceeded projections and technology and WAN/host fees were detailed.
District finance staff told the Emmett Independent District Board that the district's annual audit is complete and that the district received $1,965,000 in House Bill 292 funds this year, up from about $1.2 million last year. Those funds, required by statute to be used for maintenance or construction to cover levies, will be held in the district's general fund if not used for construction in the current cycle.
Finance staff reported the district's general fund carryover was about $3.2 million with an estimated…
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