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Lynchburg-Clay board adopts five‑year forecast, approves financial reports and routine bills
Summary
The Lynchburg‑Clay Board of Education unanimously accepted the district five‑year forecast and approved financial, investment and cafeteria reports, the list of bills, and donations at its Nov. 21 meeting. All votes were unanimous.
President Warner presided as the Lynchburg‑Clay Board of Education unanimously approved a series of financial items at its Nov. 21 regular meeting, including acceptance of the district’s five‑year forecast.
Mr. Hawk, who presented the forecast, laid out anticipated revenues, expenditures and projected fund balances for the next five years. After discussion, Ms. Griffith moved and Ms. Rhonemus seconded a motion to accept the forecast; the motion passed on a roll‑call vote with all members — Griffith, Rhonemus, Blankenship, Sanderson and Warner — voting yes.
The board also voted, by individual roll‑call motions, to approve the treasurer’s financial and investment reports, the list of bills and the cafeteria report. Each of those motions was made by Ms. Griffith and seconded by Ms. Rhonemus and carried unanimously. The board accepted donations by voice vote.
Why it matters: The five‑year forecast is a statutory planning tool that presents assumptions about revenues and expenditures and informs the board’s budgeting decisions. The unanimous votes indicate full board agreement on the district’s near‑term fiscal posture.
What’s next: The board will continue regular budget oversight through routine financial reporting; no further action on the forecast was scheduled during the meeting.
