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Milford board hears stronger‑than‑expected finance update; approves transfers and health‑benefit contract
Summary
Treasury staff reported about $2.3 million in interest earnings and described a five‑year forecast the presenter called "a positive 11.6." The board approved intra‑fund transfers, 'then and now' certificates, vendor lists, donations and a contract with an enrollment management firm to support employee health benefits.
Treasury staff presented the district's financial snapshot through March 2026 and the board approved several routine financial items.
Doug, the district finance presenter, told trustees the investment report shows about $2.3 million in interest earned so far this fiscal year and that a five‑year forecast has moved from a projected $1.9 million deficit to what he described as "a positive 11.6," noting the…
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