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District financial report: $660,000 in playground spending, payroll and food-service loss noted
Summary
The district reported June cash balances (~$27.4M), payroll of about $2.94M, playground equipment purchases totaling $660,000 (including $252,000 for Berkman Valley Elementary), and a food-service year-end loss of $371,000 vs. a budgeted $95,000 loss.
Mr. Lundberg presented the districts financial snapshot for June: the district began the month with approximately $30,261,000, received roughly $5,000,000 during June, spent about $7,872,000 and closed the month around $27,400,000. He identified fund balances across general, capital and special education funds and reported payroll for June of $2,935,100.
Lundberg singled out capital and operational items: $252,000 for Berkman Valley Elementary playground equipment as noted on page 3, contributing to a total playground spend of $660,000; debt service payments including a $3,175,000 US Bank item; and a food-service department loss of $371,000 compared with a budgeted loss of $95,000. "I did note on page 3, Berkman Valley Elementary playground equipment, 252,000," Lundberg said when summarizing large-dollar items. The board approved the bills and claims after the presentation.
