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District reports nearly $18 million available in maintenance and operations; capital encumbrances ~$32.7 million
Summary
Associate Superintendent Bonnie Betts reported the district had an available balance in its maintenance and operations fund of nearly $18 million as of Jan. 31, 2025, an increase of about $1.9 million from the prior report after a timing correction; unrestricted capital year-to-date expended/encumbered stood at about $32.7 million.
Bonnie Betts, associate superintendent of business services, presented the Gilbert Public Schools monthly financial report for the period ended Jan. 31, 2025, at the Feb. 25 board meeting.
Betts told the board the maintenance and operations fund showed an available balance of nearly $18,000,000, an increase of about $1,900,000 from the prior month because…
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