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Ravenna treasurer: February finances show timing-driven cash improvement; board briefed on three pending state levy bills
Summary
Treasurer reported revenues above forecast by about $84,000 and expenditures down roughly $196,000, producing a timing-related $280,000 increase in cash on hand; the treasurer also summarized three proposed state House bills that would change levy renewal rules and voting thresholds.
During the March 23 meeting the district treasurer presented the February financial report and highlighted a timing-driven increase in cash on hand. "Our revenue is exceeding our projected forecast by a little over $84,000," the treasurer said, adding that expenditures were down about $196,000 and the result was an apparent $280,000 increase in…
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