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Negaunee board approves $1.398 million CCI settlement payment in budget amendment
Summary
The Negaunee Public Schools Board on Aug. 25 approved a general fund budget amendment that includes a $1,398,566.29 payment to Marquette County for the CCI tax settlement and transfers totaling $237,121.47; the board said the action responds to settlement obligations while the state budget remains unsettled.
Negaunee — The Negaunee Public Schools Board of Education unanimously approved a general fund budget amendment on Aug. 25 that includes a payment of $1,398,566.29 to Marquette County for the CCI tax settlement and transfers out to sinking and debt funds totaling $237,121.47.
The motion, made by Greg Toutant and supported by Dave Paananen, carried 7-0. Business Manager Michelle LaMere told the board the district’s monthly financial report reflects accruals that will reverse in September, the Cliffs settlement returned in July, and payments already made for the high school/administration office construction project.
Board members discussed how the amendment affects the district’s overall financial picture and whether there are additional obligations to account for. Superintendent Andy Skewis also noted the broader budget context, including an unpassed state budget that could alter funding assumptions the district used when projecting revenue for the year.
The board did not vote on any additional contingencies tied to the state budget at the meeting. The amendment formally authorizes the district to make the settlement payment and to shift the listed transfers, enabling the district to meet the county’s billing and reconcile its fund accounting for the new fiscal year.
Next steps: district staff will carry out the approved transfers and provide updated financials at the September reporting cycle, when several accruals are expected to reverse.
