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Board approves October financial report, several personnel moves and policy changes
Summary
The board approved the period-4 financial report (October) after a presentation of revenues and expenditures, approved a substitute bus driver contract, accepted a resignation and a retirement, approved a device-exemption policy change for concurrent-enrollment students, and tabled two other policy second readings.
The Gravette School District board approved its October financial report after a staff presentation summarizing revenues, expenditures and cash position.
Finance staff reported October property-tax revenue of $1,700,000 and month revenue of $2,350,000, with year-to-date revenues near $6,000,000 and a cash position of about $7,700,000. The board discussed that the operating fund was over budget at 38% and that the salary fund was at 28% year to date. A board member moved to approve the monthly financial summary and the motion passed (recorded as "Aye" in the…
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