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New Lothrop board approves $891,993.71 in bills, accepts monthly financial report
Summary
The New Lothrop Area Public Schools Board voted unanimously on Jan. 6 to pay $845,390.46 from the general fund and $46,603.25 from school service funds, totaling $891,993.71, and accepted a monthly ending balance of $1,845,703.09.
The New Lothrop Area Public Schools Board approved payments totaling $891,993.71 at its Jan. 6 meeting. Adam Green read the bills for payment — $845,390.46 from the General Fund and $46,603.25 from School Service funds — and a motion by Ashley Krupp, supported by Tim Birchmeier, to approve payment of the bills carried 7-0.
Green also presented the monthly financial report showing a beginning balance of $1,671,411.76, receipts of $1,066,285.04 and expenditures of $891,993.71, producing an ending balance of $1,845,703.09. A motion by Rich White, supported by Krupp, to accept the monthly financial report as submitted carried 7-0.
The minutes record the motions and vote tallies but do not list vendor-level details or the budget lines charged. The board indicated staff will bring a budget revision to the board in the near term.
