Canton Local board reviews May finances, adopts temporary appropriations for FY2027

The Canton Local Board of Education reviewed its monthly financial report and adopted temporary appropriations for the start of fiscal 2027 at its June 8 meeting.

The treasurer presented Exhibit TA1, listing checks for May and a cash reconciliation. In the meeting transcript the treasurer read a checks total as "1,887,212" and described a reconciled fund balance of about "20.4 million." Those values were read aloud during the report and are reported here as described on the record; the transcript contains several numeric readings that were unclear and have been noted as read in the meeting rather than independently verified.

Board members also heard a series of donations and corrections to previously reported gifts (including a donation of kindergarten signs and several booster contributions). The board moved and seconded to accept the treasurer's report and the donations; no vote tally was recorded in the transcript and no opposition was recorded during the meeting.

Item B (Exhibit TB1) was presented as temporary appropriations for fiscal year 2027. The total in all funds was read in the meeting as "10,215,000," which the board approved to permit spending authority for July and August until the permanent appropriation resolution is adopted later this summer.

The board asked for updates on a pending court case related to property valuation that could affect district revenue; counsel and staff explained limits to district filing and that county practice had recently shifted. The board directed staff to keep members informed as that matter develops.

The meeting record shows motions and seconds for the finance items; the transcript does not include roll-call tallies in the audio text.