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Boone County Board approves consent agenda as treasurer reports $41.26 million ending balance
Summary
The Boone County Board of Education approved consent agenda items AthroughW in a 4-0 vote after a treasurer's report showed an ending cash balance of $41,263,861 and a month-over-month net cash decrease of $10,416,362.
The Boone County Board of Education voted 4-0 to approve its consent agenda items A through W after hearing the district—s monthly treasurer—s report.
Daryl Dennum, substituting on the treasurer's report, said the district began the period with an adjusted cash balance of $51,680,222, recorded total receipts of $5,698,887 and total expenditures of $16,115,248, for a net decrease of $10,416,362 and an ending cash balance of $41,263,861.
Board member Miss Wolfe moved to approve the consent agenda as presented; Miss Byrd seconded the motion. The board called the vote, and the motion passed 4-0.
The administration said it expects a significant revenue increase as this year's property taxes are collected, a development that could affect the district's cash position in the coming months.
The vote cleared a package of routine and recommended actions, allowing the district to proceed with the items listed in the consent agenda without separate roll-call votes. No additional discussion was recorded on individual consent items during the meeting.
Next steps: the approved consent items will be implemented as part of the district's regular operations; the administration will continue to monitor revenue from property taxes and report updates in future financial reports.
