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Oconto Falls board approves financial report and payments totaling $3,494,404
Summary
The Oconto Falls Public School District board reviewed its operating funds and approved the financial report and payment of checks totaling $3,494,404, citing recent property-tax receipts and fund activity; board vote carried March 9.
The Oconto Falls Public School District Board reviewed a financial report March 9 and approved payment of checks totaling $3,494,404.
The business officer summarized operating fund activity and balances, reporting recent property-tax receipts of just over $3,000,000 since the last board meeting and noting other receipts including Medicaid-related reimbursements. The business officer cited specific fund activity: receipts and levies for debt service funds, expenditures across funds, a scholarship fund with about $32,000 in donations and roughly $12,000 in expenditures (balance reported at about $166,000), and checks written in February and early March across several funds that produced a combined total of $3,494,404 as presented to the board.
Board members asked no follow-up questions and a motion to approve the financial report as presented — including payment of checks totaling $3,494,404 — was moved and carried on a roll call vote.
The board then proceeded to other business.
