Oconto Falls board approves $1.79 million in payments, hears monthly financial update

The Oconto Falls Public School District board on April 15 approved the district’s monthly financial report and payments totaling $1,792,076.

A district finance presenter reviewed operating and special fund activity for March and early April, reporting an operating cash balance of $7,789,841 as of April 15, 2026. The presenter detailed several one‑time and recurring receipts, including more than $3.1 million in state aid labeled as "utilization aid," about $1.2 million in per‑pupil aid, roughly $233,000 in special education receipts and just over $77,000 in federal food-service aid. She also noted food-service catering receipts of about $7.17 million and explained the catering program serves the district’s buildings and is available to families and community members; proceeds support the district’s food-service account.

The presenter recommended the board approve payments of checks totaling $1,792,076. A motion to approve the financial report and payments passed by roll call; the clerk read members’ votes and all present voted in the affirmative.

Why it matters: The report shows the district’s liquidity position and how extra revenue streams such as catering and one‑time aid are supporting fund balances. Board approval authorizes the immediate issuance of checks and confirms the district’s spending through late March and early April.

Board discussion was limited during the vote; the presenter invited questions and emphasized the positive balance in the employee benefit trust fund despite recent market losses. The board took no additional budget amendments at the meeting and directed staff to include any necessary adjustments in an upcoming budget update.