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Spring Grove board approves June financials, budget transfers and accounts payable
Summary
The board accepted the treasurer's report showing $17 million in general fund checking and approved accounts payable and 2024‑25 budgetary transfers to close the fiscal year; approvals were taken by roll call.
The Spring Grove Area School District board accepted the treasurer's report for June 2025 and approved accounts payable and budgetary transfers to finalize the 2024‑25 fiscal year.
Treasurer White reported fund balances for the month ending June 2025: General Fund checking $17,000,000; Nutrition Service Fund $1,500,000; Capital Reserve $1,400,000; Bond Fund $7,800,000; and student activity funds $154,000. White moved the treasurer's report and the board approved it on roll call.
The board also moved and approved the accounts payable list and 2024‑25 budgetary transfers as presented by the Budget & Finance committee to close the fiscal year. Those motions were approved by roll call vote.
Why it matters: The votes finalize the district's fiscal close for 2024‑25 and authorize transfers needed to present an accurate starting point for the 2025‑26 budget process. Officials said they will provide future updates if adjustments are required once state budget outcomes are clarified.
