Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the District Finance topic
No spam. Unsubscribe anytime.
Dayton SD 8 reports fund balance, low State School Fund and possible $750,000 literacy grant
Summary
District finance overview cited the State School Fund below $8 million, an ending fund balance at 8%, and a potential $750,000 State Literacy Grant; long-range facilities planning was also described.
The district’s financial overview noted the State School Fund had fallen to under $8 million and that the district expects to maintain an ending fund balance of roughly 8%. Superintendent Amy Fast told the committee the district is watching revenue closely as state funding has tightened.
Fast described a strong potential for a $750,000 State Literacy Grant that could affect program funding if awarded. The committee also discussed long-range facilities and capital planning on a 20-year horizon, guided by site walkthroughs, audits, and community surveys; a standing long-range facilities committee meets monthly to advise on maintenance versus bond planning.
