Franklin County Schools reports stronger December receipts; board reviews monthly finances
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Summary
Treasurer presented November and December figures showing an ending balance rise to $66.7 million after December tax collections; the board reviewed fund breakdowns and bank reconciliations and noted early taxpayer payments but could not provide exact year‑over‑year percentages.
The Franklin County Schools treasurer presented monthly financial reports for November and December during the board meeting.
For November the treasurer reported a beginning balance of $53,600,000, receipts of $4,200,000 and disbursements of $10,500,000, leaving a November ending balance of $47,400,000. For December the district began with $47,400,000, recorded total receipts (driven by tax collections) and disbursements of $10,300,000, resulting in a reported ending balance of $66,700,000. The presenter said the December increase was driven by earlier-than-usual tax payments but did not provide precise year‑over‑year percentages.
The report included fund-level breakdowns, bank statements and receipts; the presenter invited questions and confirmed that all three bank sections balance. A board member asked how current tax receipts compare with last year; the presenter said collections "look really good" but said exact percentage comparisons were not specified in the meeting.
The financial presentation closed with an invitation to review the bank reconciliations and fund details if board members had follow-up questions.