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Board reviews finances, approves $175,000 food-service budget increase and $247,639.95 PTO gift for playground
Summary
At the Nov. 13 meeting the treasurer reported an October cash balance of $10.8 million, asked the board to approve budget and revenue revisions (including a $175,000 request to provide headroom for food services), and trustees accepted a $247,639.95 donation from Marlborough Elementary PTO for playground improvements.
The Marlington Local School District board on Nov. 13 approved routine financial and donation items after the treasurer summarized the October financial position and requested targeted budget revisions.
The treasurer reported the district ended October with $10,800,316.53 in cash; the general fund balance was $9,010,444.74, the permanent improvement fund had $237,548.02 and the Capital Projects Fund showed $707,791 in cash…
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