Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Lake Forest School District finance staff flag timing, encumbrances and temporary negative lines in July–August reports
Summary
The Lake Forest School District’s finance staff presented July and August monthly budget reports at the Sept. 11 board meeting, saying state revenue is largely received up front and that federal reimbursements had not yet been posted for the new fiscal year.
The Lake Forest School District’s finance staff presented July and August monthly budget reports at the Sept. 11 board meeting, saying state revenue is largely received up front and that federal reimbursements had not yet been posted for the new fiscal year.
"We approved the preliminary budget last meeting, and so we needed those numbers to be able to populate the budget columns on the monthly budget report," said Mr. Kirkhald, finance staff, as he introduced the reports. He said state funds are "pretty much preload[ed] about 90%" and that the district still had not received federal funds…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
