Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Fremont Re-1 finance chief reports first‑quarter fund balances, enrollment dip and insurance concern
Summary
The district’s finance presentation showed roughly $10.9M in current-year first-quarter revenues against about $6.8M in expenditures, noted a prior-year ECEA funding error that was corrected Oct. 31, and warned a 112% insurance utilization rate could push premiums higher at renewal.
At the Nov. 10 meeting, the district’s finance presenter gave a first‑quarter review of the general fund and related accounts, highlighting revenue and expenditure comparisons with the prior year and flagging an insurance‑renewal risk.
The presenter reported current‑year first‑quarter revenues of about $10,900,000 and expenditures near $6,800,000, producing net income in the period. He told the board the…
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
