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Board accepts year-end finance report; moves into executive session and returns to approve board action
Summary
Finance director presented abbreviated year-end figures (general fund ~$15.36M; school nutrition $7.14M; SPLOST strong). The board approved financial reports, entered executive session, returned with a board action, and adjourned.
Lauren Kane, the district finance director, presented an abbreviated financial report for June, the fiscal year end. She said the general fund balance is a little over $15,357,000 and the school nutrition fund holds $7,139,000. June property tax collections totaled $255,006.42. Kane told the board that TAVT receipts have exceeded budget ($5,600,000 budgeted vs. $5,647,000 collected year to date) and that SPLOST collections remain strong (June collections of $1,426,000).
Kane said the finance team closed federal grants for the year and that audit field work for FY24 and the SPLOST audits has been completed; final audit reports are expected after state review in the coming weeks. She described the June report as intentionally abbreviated because year‑end closing processes are ongoing.
Following the report, a board member moved to approve the financial reports; the motion was seconded and approved by voice vote with no opposition. The board then voted unanimously to enter executive session. After the executive session, the board reconvened, made a motion for board action which carried with no opposition, and then adjourned the meeting.
The meeting record does not provide roll‑call vote tallies or named movers and seconders for the motions; approvals are recorded as voice votes with no opposition.
