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CFO outlines January finances; tentative budget to board in April and final adoption expected in May
Summary
CFO Crystal Sublet reported property tax collections of about $23.66 million year-to-date and general fund expenditures at roughly 51.3% of budget (~$29.8 million spent through January); the district plans to present a tentative budget April 7 and expects final adoption May 19 with submission to the Department of Taxation before June 1.
CFO Crystal Sublet reviewed the district’s January financial statements at the March 3 meeting and provided the board with the upcoming budget schedule.
Sublet said property-tax revenues remain the primary source of general-fund receipts and reported consolidated tax payments of roughly $23.66…
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