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September financial update: revenues rise; COPS payment timing shifts expenditures
Summary
The district reported Sept. 30, 2024 maintenance-fund revenues of $4,464,229 and expenditures of about $6,112,190. Staff said a September COPS interest payment of roughly $564,000 and higher claims explain much of the year-over-year swing; the district’s fund balance rose to about $22.7 million from $18.7 million last year.
Vicksburg — At its Oct. 24 meeting the Vicksburg Warren School District presented its monthly financial update for the period ending Sept. 30, 2024, reporting higher revenues and a notable timing shift in capital-related payments.
Finance staff reported fund 1120 (district maintenance) revenues of $4,464,229 for September, about $400,000 higher than the same month last year. Expenditures for the month were reported as…
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