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Colton SD 53 finance update: revenues stable but board questions large negative student activity balances
Summary
The business manager told the board revenues are steady and some expenditures exceed budget, but a board member flagged large negative balances in student body accounts (estimated in the meeting at $8–9k and possibly $15–18k), prompting follow-up from the business office.
The district's business manager (S10) told the Colton School Board that overall revenues are largely unchanged since the last meeting and that the district began the year with a higher beginning fund balance than budgeted, giving some cushion amid state funding uncertainty.
During the financial review, board member (S3) pressed the business manager about "an awful lot of negatives" in student body account lines and asked, "Where do we — how can we have negatives?" The board member cited figures that appeared as negative beginning…
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