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Finance officer: District on pace midyear with about $6.2 million unencumbered in M&O

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

The district's fiscal review showed about 41% of the year elapsed with roughly 40–41% of the budget spent or encumbered; the maintenance and operations ending balance was reported at about $6.2 million unencumbered.

The district's finance officer, Mr. Ponder, reviewed the midyear financial trend and told the board the district remains in a strong position. About 40–41% of the budget had been spent or encumbered…

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