Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the District Finance topic
No spam. Unsubscribe anytime.
Fraser Board authorizes $7.30 million in disbursements across six funds
Summary
The Fraser Board on Nov. 10 authorized payments totaling $7,295,663.48 across general, food service, student activities, debt retirement and capital project funds; the motion passed unanimously.
The Fraser Board of Education approved disbursements totaling $7,295,663.48 at its Nov. 10 meeting.
Trustee Abigail Wasil moved to authorize payment of bills and Treasurer Kathleen Moco (recorded in the minutes as second) supported the motion. The funds and amounts listed in the minutes are: General Fund $3,854,288.38; Food Service Fund $377,179.62; Student Activities Fund $18,121.11; Debt Retirement Funds $2,354,078.44; Capital Projects 2023 Fund $671,757.43; Capital Projects 2025 Fund $20,238.50; total $7,295,663.48. The minutes record "Ayes: All; Nays: None."
Why it matters: Routine authorization of bills and payroll affects cash flow and the timing of vendor payments, capital projects and debt service. The amounts listed indicate large near-term disbursements, including more than $2.35 million for debt retirement and more than $3.85 million from the General Fund.
What the minutes do not show: The record does not attach vendor-level detail, invoices, or a line-item budget to these disbursements; such supporting documents are typically in the finance office and not included in the published minutes.
Provenance: Motion and amounts appear in the minutes for Nov. 10 (SEG 011).
