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District finance update: March cash balances, payroll reductions and savings initiatives reported
Summary
Miss Ross reported March receipts and expenditures, a March education-fund cash balance of about $1.1 million, combined major-fund balances near $9.2 million, a year-to-date payroll reduction of $3.7 million and total reported savings initiatives of about $6.5 million.
Miss Ross delivered the monthly financial report to the board, reviewing March receipts and expenditures across major funds and highlighting year-to-date savings initiatives.
Key figures presented: March receipts for the education fund were summarized and the March ending cash balance for the education fund was shown at…
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