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Canfield treasurer reports $17.5M general fund balance; board OKs several purchases
Summary
At the November meeting the treasurer reported a $17,500,000 general fund balance and $1,200,000 in the food-service fund; the board approved purchase items including a $61,000 transport box truck and a $76,009.24 Ford Transit van and recorded $90,000+ in interest earnings.
The district treasurer presented the September financial report and the board approved the report at the regular November meeting.
The treasurer reported the general fund balance at $17,500,000 and the food service fund at $1,200,000, noting settlement and homestead rollback receipts contributed to the liquidity. He said the district…
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