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Treasurer details revenue gains, investment moves and spike in meals after district-wide free-meal rollout
Summary
The treasurer reported revenues up about 7% year over year, a move of roughly $5M (part of about $8M) into longer-term investments, and a jump to just over 56,000 school meals served following a full CEP rollout.
At the board meeting, Mrs. Roberts, the district treasurer, summarized the district’s finances and operations for September and early October.
"So far in revenues, we have received just under $10,000,000 compared to 9,300,000 last year, so up 7%," Mrs. Roberts told the board. She said state grant receipts were about $3,100,000 — up roughly 9% from the same period last year.
On investments, Roberts said the treasurer’s office moved about $5,000,000 into longer-term investments with…
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