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Trustees approve consent agenda and FY24 TFS reports as staff flags rising tax receivables
Summary
School trustees approved the consent agenda and the elementary and high-school TFS reports for fiscal year 2024. A staff member warned that higher taxes receivable and debt-service balances could reduce revenues, and urged consideration of a May levy to shore up facility funds.
The school trustees approved the consent agenda and voted to accept the elementary and high-school TFS reports for fiscal year 2024 during a brief noon meeting.
The Chair called the meeting to order at 12:00 p.m., led the Pledge of Allegiance and opened the public comment period; staff confirmed no members of the public were present.
A motion to approve the consent agenda was recorded as moved by Jenny and seconded by Connie and carried on a voice vote. Later, a separate motion to approve the TFS reports for fiscal year 2024 was made and seconded; the Chair took a roll-call–style voice vote and the motion carried. One trustee (Kayla) experienced a frozen connection during the vote and was recorded as unable to vote due to the technical issue.
A staff member who reviewed the financial statements highlighted that taxes receivable for the elementary general fund and the debt service fund were “a little high,” warning that when tax collections fall short it can reduce the district’s revenues for the year. The staff member said the district had worked with the auditor to correct a problematic miscellaneous fund in the elementary accounts and that “it looks really good going into the new fiscal year.”
On expenditures versus budget, the staff member said the district “did really well this year” and that building reserve funds were carried over on both the elementary and high-school sides because the district had been saving for bleachers and a gym floor. The staff member said the district is hoping to place a levy before voters in May to secure additional funds for facility needs.
Before adjourning, staff asked for the Chair’s signature on the TFS filing; the Chair said they would go to the school to sign the documents. The meeting was then adjourned.
Next steps: staff will submit the TFS and budget documents online, and trustees indicated the levy discussion would return to a future agenda for community engagement and further planning.
