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Board reviews September financials; OPEB bonds removed from reports
Summary
Finance lead Amy Schultz reported on September 2025 finances: operating receipts, increased special-education aid year-to-date, compensation as roughly 70% of disbursements, OPEB bonds paid off and removed; a budget revision is planned to reflect a recent bond refunding.
At the Spring Lake Park School Board meeting, finance lead Amy Schultz presented the district’s monthly financial reports for September 2025, the first monthly report for fiscal year 2025–26.
Schultz said the reports use the district’s standard formats and showed beginning and ending cash balances, receipts and disbursements. She told the board that compensation (salaries and benefits) represents about 70% of disbursements and that facilities…
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