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Board approves FY25 appropriations and hears August forecast showing timing variances
Summary
Board adopted permanent appropriations for fiscal year 2025 and approved the August financial report; Treasurer Thompson warned of timing variances that produced a $9 million revenue timing gap and an operating variance the software flagged as larger but likely due to cyclical billing.
The Akron Public School Board voted to adopt permanent appropriations for fiscal year 2025 and approved the district's August financial report after an extended discussion about timing anomalies and presentation format.
Treasurer Dr. Thompson reviewed appropriations and explained the statutory requirement to adopt permanent appropriations by Oct. 1.…
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