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Finance director reports February balances, notes SB 1 uncertainty and paused rainy-day transfers
Summary
Director of finance Amanda Kuchar reported February fund balances (education fund cash approx. $10.2M versus $11.7M last year), explained property-tax timing for operating referendums, and said district withheld a planned rainy-day transfer in 2025 because of uncertainty around SB 1; staff will revisit transfers midyear as impacts become clearer.
Amanda Kuchar (S17), the district's director of finance, delivered the monthly financial update and highlighted expected revenue timing and fund balances.
Kuchar said the education fund's February ending cash balance was about $10.2 million, compared with $11.7 million at the same point last year, which aligns with budgeted plans to use a portion of cash balance this fiscal…
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