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Board hears financial update; approves inclusion in Oregon 457 deferred compensation plan
Summary
CFO Chris reported a stable fiscal picture with a projected positive ending fund balance and a potential $765,000 favorable state revenue variance; the board approved adding a 457 deferred compensation option for employees at no cost to the district.
The board received the monthly financial report from district staff, who said there were no major changes as the year winds down and noted opportunities to invest available fund balance in district needs.
Chris outlined steps to offer families an online payment system for fees and described recent minor capital work such as parking repairs for baseball/softball fields.…
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