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Board hears October financials, approves budget calendar and several procedural motions; enters executive session
Summary
The board reviewed preliminary October financials showing YTD revenue of $44.3 million and a negative fund balance of $215,749; it approved an FY27 budget calendar recommendation, placed action items on the consent agenda, voted to enter executive session on pending litigation, and approved legal representation for two individuals under policy BBE.
Miss Smith presented the preliminary financial report for October: revenue for the month was $13,500,000 and year-to-date revenue $44,300,000 (19.5% of budget). Expenditures were $19,000,000 for October and $73,500,000 year-to-date (31.7% of budget). The district reported open encumbrances of $3,111,917, assets…
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