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Board reviews year-end finances; staff flags COVID funding shift and an expected child-nutrition transfer
Summary
The board heard a year-end finance report that staff said reflects the end of COVID-era funding and a payroll-related $1.4 million variance; staff expect roughly $600,000 will be transferred for child nutrition and projected carryforward near $2.5 million after adjustments.
Staff reviewed the district’s year-end financial position and early July activity, telling the board that most bills as of the report date had been paid but a few encumbrances remained.
The staff member said payroll-related differences reflect the expiration and reallocation of COVID-era funding: "the difference there between the two years is about $1,400,000," the staff member said, explaining that salaries previously paid from…
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