Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Amanda-Clearcreek board accepts five-year forecast after administrators flag near-term shortfall
Summary
Board members approved a five-year forecast that shows a near-term deficit largely driven by a $600,000 decision to buy math and science curricula this fiscal year and a roughly 40-student enrollment decline; administrators said, excluding that one-time purchase, the forecast would be positive.
The Amanda-Clearcreek Local School District board approved a five-year financial forecast after administrators warned that a planned purchase of new math and science curricula and lower enrollment will produce a near-term deficit.
District finance staff reported October revenues of $2,673,930 and expenditures of $2,989,221, with a general fund balance of $11,685,949 and an available cash balance near $8,011,000. The board then reviewed a five-year projection that shows a negative position this fiscal year largely because the district advanced…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
