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Finance report lists roughly $960,000 in accounts payable, AIU budget details and tax-collector exonerations

Keystone Oaks School District Board · March 12, 2025
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Summary

The finance report noted accounts payable just under $960,000, the AIU general service budget at about $2.3 million with Keystone Oaks’ share around $40,000, and recommended exonerating tax collectors for three communities with outstanding amounts transferred to MBM Collection Services LLC.

The finance report presented three items for action at the next meeting.

First, accounts payable for the month ending Feb. 28 were reported as a little south of $960,000 across the district’s three accounts. Second, the Allegheny Intermediate Unit (AIU) general service budget was listed at about $2,300,000, with the AIU’s three school districts collectively covering the program; Keystone Oaks’ estimated contribution was reported at roughly $40,000, to be finalized based on the district’s aid ratio and weighted average daily membership as of July 31, 2025. Third, the report recommended exoneration of tax collectors for Castle Shannon, Dormont and GreenTree; outstanding amounts beyond collections were listed and identified to be transferred to MBM Collection Services LLC.

The board did not vote on these items at this meeting; they were placed on next week’s agenda for formal approval and any required follow-up.