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Gilmer County Board of Education approves FY 2023–24 financial statements, discusses $1.3M unassigned balance

Gilmer County Board of Education · September 28, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Gilmer County Board of Education approved the fiscal year 2023–24 financial statements after a staff presentation that reported roughly $4.44 million in total fund balance and about $1.3 million unassigned; the board also approved bill payments and accepted two resignations.

Ginger, a district finance staff member, presented the Gilmer County Schools’ year‑end financial statements and said the district’s total fund balance is about $4,437,043.46 and the unassigned (usable) fund balance is roughly $1,300,000. "That number should be $4,437,043.46," she said while reviewing the statements.

Board members praised the clearer reporting after the district moved asset tracking from spreadsheets into Weebas, a finance system that now handles asset additions, disposals and depreciation. Ginger said the change provides more reliable, auditable figures…

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