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Finance update: projected year-end fund balance; warrants for SPED and maintenance headed to ballot
Summary
The finance presenter reported encumbrances and a projected year-end fund balance of about $145,685, explained a staff reassignment that shifted wages, and the chair confirmed two warrant articles on tomorrow's ballot — up to $50,000 for a SPED trust fund and up to $25,000 for maintenance.
The district's finance presenter briefed the board on monthly financials, reporting a previously noted remaining expense of $171,970 and an additional encumbrance of $29,806 this month, which the presenter said left a remaining expense figure reported in the meeting as roughly $142,000 and a projected year-end fund balance of $145,685.
The presenter explained one reason for the shift in line items: a paraprofessional was reassigned to a…
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