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District reports August shortfall; board hires auditor for FY25
Summary
The August monthly report showed revenue of $3,734,809 versus expenditures of $4,360,020 (a $625,211 monthly shortfall); board accepted the report and approved an $8,000 engagement with Dr. Carolyn Dupree to compile FY25 audit financial statements.
Vilia Knight (Speaker 8) presented the district’s monthly financial report for August 2025: revenue for fund 1120 was $3,734,809 and expenditures were $4,360,020, leaving expenditures exceeding revenue by $625,211 for the month. The district’s fund balance for August was reported at $31,535,292, approximately $1,871,492 more than the same month…
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