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Finance staff: July financials as expected; salary increases pending benefits data
Summary
Director of finance told the committee that July revenues and expenses are seasonally light and that 2025–26 salary increases have not yet been processed; staff expect salary adjustments and retroactive pay to be completed in October or November once benefits data are finalized.
Director of finance told the resource committee on Aug. 13 that July is typically a quiet month for district financial activity and that most large revenues (state aid, property taxes, grants) come later in the year. The presentation included charts showing seasonal patterns and projections and stressed that July figures are not predictive for the full…
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