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Board hears finance update; district awarded $50,000 in school safety grant
Summary
Finance staff reviewed revenue and expense figures, projected year-end fund balance, and reported that Pendleton County received the maximum $50,000 from a state safe schools allocation for security film and bollards.
District finance staff provided a broad update on revenues, expenses and targeted grants, and announced Pendleton County Schools received the maximum $50,000 awarded from a state safe schools allocation to fund security film and bollards.
The presenter described revenue trends and year-to-date collections: property tax receipts year-to-date were roughly $2,459,000 against a budget just over $3.6 million; state aid is budgeted at $8,192,000 and is typically received later in the fiscal year. The presenter said the district expects a year-end fund balance in the range of $1.5 million to $1.8 million if current trends hold.
Nut graf: The presenter also summarized national and regional context: Secure Rural Schools reauthorization remains pending in Congress and local staff suggested the board consider sending a letter of support for reauthorization. Separately, the district was notified today that a safe schools selection committee awarded Pendleton County the full $50,000 allocation to help with security upgrades.
The presenter said the $50,000 will not cover entire projects but will provide a start toward measures such as security film and bollards; facilities staff will work with administration on next steps. The board had no objection to moving forward with planning for use of the funds.
Ending: Finance staff will continue monitoring revenue through the spring, finalize year-end projections and return to the board as plans for the safety grant and any projects are developed.
