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Board hears positive financial update, approves new depository and cybersecurity safeguards
Summary
Treasurer's presentation showed receipts above projections and expenditures under budget; the board approved a five‑year depository agreement with Tunnington Bank, moved to a fee‑based cash management approach and approved cybersecurity measures including positive‑pay checks monitoring.
Mr. Fasel presented the monthly financial report and the board approved acceptance of the treasurer's report during roll call.
According to Mr. Fasel, the district received about 11% more than projected in the month, helped by a higher‑than‑expected real‑estate advance; expenditures were down roughly 15%. Year‑to‑date receipts were up about…
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