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Effingham CUSD 40 board approves financial report, consent agenda and routine business
Summary
The Effingham CUSD 40 Board approved the district financial report (reimbursing the imprest account $3,270.39 and paying $1,131,987.25 in bills), the consent agenda of minutes and student activities, and several routine personnel and contract items during its meeting.
The Effingham CUSD 40 Board of Education approved the district’s financial report and multiple routine items at its meeting. District staff reported a 5.73% increase in net fund balance compared with last year, with a net fund balance of $30,463,250.11 and operating funds totaling $25,581,219.71. Revenue in operating funds was listed as local $1,114,620; state $846,127; and federal $122,795.
Miss Baker presented the figures and recommended reimbursing the imprest account $3,270.39 and…
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