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Finance officer: District on pace midyear with about $6.2 million unencumbered in M&O
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 through December, roughly halfway through the fiscal year.
Mr. Ponder noted the maintenance and operations (M&O) ending balance included approximately $6.2 million that had not been encumbered or spent; he described that number as a buffer that could finish higher unless there were major changes. The presentation did not include line-item budget revisions, contract awards or projected year-end carryover beyond the high-level figures cited.
Ending Board members had no further budget actions on the agenda. Mr. Ponder's remarks were presented as an informational review rather than a request for budget action.
