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District business office reports $32.1M cash balance; staff describes insurance carrier changes
Summary
Brandon Valley School District 49-2’s business office reported an August ending cash balance of $32.12 million, investment holdings of $28.244 million and payroll of $2.169 million; staff also described switching property carriers and increasing cyber insurance.
Brandon Valley School District 49-2 business officials presented the district’s August financials and described recent insurance changes at the board meeting.
Mr. Lundberg reported an August beginning cash position just over $36 million, receipts of $3.16 million and expenditures of just over $7 million, leaving an ending cash balance of $32,120,000. He said $12,367,000 was in the general fund, $715,000 in the capital fund, just under…
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