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Two Rivers board approves end-of-year budget revisions, earmarks $600,000 for building project
Summary
Board approved June referendum bills and end-of-year budget revisions that increase revenues by about $478,578; the district will place $150,000 into a capital improvement trust for a high-school roof, deposit $50,000 into an employee benefit trust and earmark $600,000 to be applied to building project costs.
The Two Rivers Public School District board on June 21 approved end-of-year budget revisions and the payment of June referendum bills, moving to position district funds for upcoming construction draws and state aid.
Mary Kaye presented the revisions, reporting an aggregate revenue increase of roughly $478,578 from multiple sources: Medicaid reimbursement (+$216,107), open-enrollment receipts (+$37,779), interest income (+$90,000) and…
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