Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Finance topic
No spam. Unsubscribe anytime.
Business report: fund balances and payments to Turf Dogs, Johnson Landscaping reported
Summary
A district staff member reported April fund balances and bond/billing activity, including a payment of about $15,000 for baseball-field turf work and a $7,008.45 payment to Johnson Landscaping that was reimbursed by the Bank of New York.
A staff member reported financials for the month of April during the Scott County School District 1 board meeting. The transcript records: the Education Fund began April at $5,121,001.18 and — as read in the meeting — an end‑of‑month figure reported as $55,207,007.86 (this unusually large number appears in the transcript and may reflect a transcription error; see audit). Operations began at $534,003.26 and ended at $427,548. The speaker said debt service, referendum debt and rainy‑day funds showed no change because no payments were made from them.
The staff member said the district made a near‑$15,000 payment to Turf Dogs for baseball‑field renovations (described as the second‑to‑last payment) and a payment of $7,008.45 (and 12¢) to Johnson Landscaping and Excavating LLC for new sidewalks and cement pads at the tennis courts. The Johnson payment was made from local funds and subsequently reimbursed by Bank of New York, according to the report.
No formal board action was required on the fund report during the meeting; the report was informational.
