Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Finance director flags enrollment-driven revenue decline and February cash shortfall
Summary
Finance director presented special revenue fund projections — cafeteria revenue $861,693, textbook fund $161,527 — and said February outflows exceeded inflows by about $132,944.42, increasing a rolling operating deficit; board asked for comparative historical monthly data and staff committed to more reporting.
Finance director Miss Morrison told the board that the division's special revenue funds remain largely self-sustaining: the cafeteria fund is projected at about $861,693 next year and the textbook fund at $161,527 (per VDOE estimate). Morrison said those funds can be rolled from year to year but cannot be used to fill…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
