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Canfield board approves financial reports, temporary appropriation, transportation resolution and donations
Summary
Board reviewed a healthy cash position, approved financial reports, adopted temporary appropriation and resolutions on transportation and advances, and accepted $20,315.32 in donations for June (year-to-date $141,331.05).
At the June 11 Canfield Board of Education meeting the treasurer reported a healthy fiscal position and the board approved several routine financial measures.
Treasurer Patty Prince said the general fund balance is about $22,000,000 after the final real estate settlement in April and the food service fund is just over $1,200,000. She noted the district received federal grant funds this week and highlighted a Farmers National Bank payment of $94,008.28 (payment 6 of 7 on a 2020 stadium turf note); the remaining turf balance was described as about one more $100,000 payment.
The board approved the financial reports by roll call, adopted a temporary appropriation measure certificate (exhibit 7), and adopted Resolution No. 157-2025 declaring transportation impractical for listed students for 2025–26 (exhibit 6). Board members also adopted Resolution No. 161-2025 authorizing the treasurer to request advances from the county auditor; the treasurer confirmed that the advances resolution is an annual technical filing. The board accepted donations totaling $20,315.32 in June and reported year-to-date donations of $141,331.05.
These actions were routine, carried by roll-call votes, and recorded in the meeting exhibits.
