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Board hears finance briefing and solar-project update; November financial report approved
Summary
Finance staff outlined a roughly $8.4M operating deficit and projected further foundation funding declines tied to enrollment loss; a consultant updated trustees on a district solar array, including an unexpected interconnection fee and a likely late-2025 online date.
The Little Rock School District received a comprehensive financial update and a consultant briefing on the district's previously awarded solar/net-metering project during the Dec. 19 meeting.
Finance presenter reported that year-to-date property-tax collections (through end of November) were approximately $109,821,956, about 102% of budgeted expectations, and that the district entered the year with an operating deficit of roughly $8.4 million. Staff told trustees that continuing…
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