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Finance director reports $1.4M salary surplus, $3.5M estimated fund balance as board accepts March report

Contoocook Valley School District Board of Education · April 22, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The board received the end‑of‑March finances: about $1.4M surplus in salary lines (unfilled positions), benefits surplus of ~$2.2M (health insurance ~$1.3M), $666K returned attorney's‑fee revenue, and an estimated unassigned fund balance around $3.5M; the board accepted the expenses and encumbrances report.

Neil presented the district’s end‑of‑March expenses and encumbrances, telling the board year‑to‑date expenditures and encumbrances are close to last year’s levels and that there are material surpluses driven by unfilled…

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