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Southeast Tech finance report shows healthy fund balance; board approves second reading of policies

Southeast Technical College / Sioux Falls School District 49-5 Board · February 4, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

VP finance Christine Goldsmith reported revenues near $14.6M, a combined fund balance of $12.7M and recent HUD reimbursements; the board approved the finance report and a second reading of policies (items a–e) by voice vote before adjourning.

Christine Goldsmith, vice president of finance, presented October‑close financials and told the board that, at that point in the fiscal year, the college had brought in about $14.6 million in revenues, with roughly 61% from tuition and fees and about 20% from state funds. She said total expenses were roughly $14 million and…

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