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District reports stable finances: $16.9M month‑end cash, adjusted appropriations approved
Summary
During the Jan. 13 meeting the district’s finance presenter reported a month‑end cash balance of $16.9 million, an unencumbered balance of $11.2 million, and fiscal‑year‑to‑date revenue of $28.1 million; the board approved adjusted appropriations and a resolution to accept advances of local tax receipts for cash‑flow.
The Nordonia Hills City School District received a financial update at its Jan. 13 board meeting showing stable cash and favorable year‑to‑date revenue performance.
The presenter (Speaker 4) summarized a five‑slide financial focus for December: a month‑end cash balance of $16,900,000 and an unencumbered balance of $11,200,000. Fiscal‑year‑to‑date revenue was reported at $28,100,000, approximately $1.7 million higher…
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