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District financial report: fund balance about $156.9M; $3.2M devices overage noted
Summary
The board reviewed February 2026 financial highlights, including a reported $3.2 million overage for student devices, an overall fund balance of roughly $156.9 million with $16 million in reserves and an available balance near $84 million; auditors flagged payroll withholding and capital asset schedule procedures.
The board received the district's February 2026 financial highlights from the presenter introduced as Deshana Jack. The presenter reported variances in major revenues and noted that expenditures included a $3.2 million overage tied to personal student devices that hit the district’s accounts in February rather than a later month.
The presenter said total fund balance stood at about $156.9 million, with approximately $16 million set aside as…
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