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North Wasco County SD 21 approves HRA signer update, authorizes OSBA tax anticipation note pool participation
Summary
The North Wasco County SD 21 board accepted an interim CFO update, approved updating authorized signers on the employee HRA account, and adopted Resolution 23-24-04 to participate in an OSBA tax anticipation note pool to manage short-term cash flow; the board also agreed to reschedule its retreat and moved into executive session under ORS.
The North Wasco County SD 21 school board on April 11, 2024, approved administrative changes to its employee health reimbursement arrangement (HRA) signatories and authorized participation in an Oregon School Boards Association (OSBA) tax anticipation note pool to cover short-term cash flow needs while the district awaits tax receipts.
Interim Chief Financial Officer Randy Anderson, introduced at the start of the meeting, told the board he is working to reconcile the district’s books and urged the board to delay the first budget committee meeting to allow time for legally compliant journal entries and fund reclassifications. "I'm trying to cram a 3 month process into 3…
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