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CCSD finance update: Impact Aid and Johnson O'Malley figures presented; board warned about federal timing risks
Summary
Interim finance staff presented month‑ and year‑to‑date figures for Impact Aid, Johnson O'Malley and other grants; board members cautioned that Impact Aid is not forward funded and can be delayed by federal actions, and staff described a pending JOM contract-number hold-up that is delaying some expenditures.
The Central Consolidated School District board received a financial summary on Feb. 19 covering Impact Aid, Johnson O'Malley (JOM), Ad Valorem and Carl Perkins funds. Interim financial director Herbie Allison read revenue and expenditure figures and answered board questions about year‑to‑date amounts and the timing of deposits.
Allison reported that Impact Aid revenue year to date was $11,600,000 and that…
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