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CFO reports $12.3M ad valorem payment; board approves revised sinking‑fund budget and policy update
Summary
CFO Christy Nudie reported a $12.3 million ad valorem payment and an additional dispersed check; the board accepted the treasurer's report, approved a second revised sinking‑fund budget to match updated principal and interest obligations, and updated policy EBA (length of school year) to comply with state law.
Chief Financial Officer Christy Nudie gave the board a fund‑by‑fund update and highlighted recent revenue receipts. She told trustees the district received a current ad valorem payment of $12.3 million for the general fund and reported an additional disbursement of about $11 million spread among the general, building and sinking funds.…
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