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Treasurer reports fund balances, timing impacts on ad valorem and budget planning
Summary
CFO Christy Navey reported general fund balances, timing issues that produced a $1.95 million variance tied to ad‑valorem timing, anticipated January receipts, a midyear state foundation adjustment near $1.5 million and projected impacts on next year’s budget; the board accepted the report by vote.
Chief Financial Officer Christy Navey presented the treasurer’s report with a fund‑by‑fund overview and took board questions.
Navey told the board the district’s fund balances remain healthy and described a timing issue that made year‑to‑date comparisons appear down by about $1,950,000; she said the difference was a payment timing issue and that January…
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