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Finance report: revenues rising, insurance premiums jump; technology director outlines phishing defenses and cyber insurance requirements

AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

District finance staff reported year‑to‑date revenues are slightly ahead versus last year and cash and investments total about $25.6 million; music insurance premiums increased by about $150,000. Technology director described daily cybersecurity protections, phishing training and the district’s cyber insurance requirements.

Finance update: District finance staff reported the fiscal year is roughly halfway complete. Year‑to‑date revenues were reported at about 43% of the working budget, with a recent tax receipt of a little more than $13 million arriving in the last month and a half. The district’s overall fund balance increased to about 54% compared with 43% the prior December; cash and investments were reported at $25.6 million. On the expenditure side, the…

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