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Piedmont Community Charter board reviews February finances, reports roughly $486,000 net surplus
Summary
The board received a February finance report showing revenue of about $1.9 million, expenses of $1.45 million and a net surplus after investments of $486,457.27; total cash and investments were reported at approximately $7.08 million. No budget actions were taken; members set a special meeting date for a forthcoming facilities vote.
The Piedmont Community Charter School board on March 17 heard a detailed finance report for February from the board treasurer, who walked trustees through monthly revenue, expenditures and fund balances.
The treasurer reported total revenue for February of about $1,903,001.23 and total expenses of…
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