Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Shakopee district finance director says March finances are tracking to plan; revenues $59.8M, expenditures $89.9M
Summary
Director of Finance and Operations David told the Shakopee Public School District board that, as of March 31, stated general fund revenues stood at $59.8 million and total expenditures were $89.9 million, and that one mandated journal entry for English‑learner accounting will affect year‑end balances.
Director of Finance and Operations David presented the district's March 31 general fund summary to the Shakopee Public School District school board on April 27, saying stated revenues were $59,800,000, or 59.95% of the annual general fund budget, and total expenditures were $89,900,000, or 65.66%.
David said federal revenue for the year is about $440,000 and property taxes tallied roughly $21,000,000, which he described as 77.02% of the general fund's property tax budget and noted will be reconciled with county payments expected in May and…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
