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Miss Hubert says district fund balances are improving, urges steady build of rainy-day fund
Summary
At a regular Greater Clark County Schools meeting Miss Hubert reported July balances—education fund $12,000,018 and an operations fund near $5 million—said the district is rebuilding cash reserves and urged gradual growth of a $10 million rainy-day target to buffer potential legislative and market pressures.
Miss Hubert, introduced during the meeting as the district finance presenter, told the Greater Clark County Schools Board that the district’s fiscal picture is improving and outlined several fund balances and constraints.
“With your education fund, our ending balance as of July 31 is 12,000,018,” Miss Hubert said, noting that an initial transfer from June had been moved to the operating balance. She told the board the…
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