Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Board hears finance briefing as food service loss and utility rate rise squeeze district budget
Summary
Board finance presentation showed October cash and investment balances and flagged a Food Service Department loss of $96,000; a board member said pending Sioux Valley Energy rate increases could add about $100,000 to next year’s electrical costs.
During its regular meeting the Brandon Valley School District 49-2 board received a finance report that outlined cash balances, investments, payroll and rising costs.
A finance presenter reported the district began the month with about $28,478,000 in cash, had receipts of roughly $4,021,000 and disbursements of about $6.8 million, leaving approximately $25,662,000 at month end. Investment holdings were listed…
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
