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District presents December financial update, audit notes and projected ending fund balance
Summary
District financial administrator presented the December 2024 revenue/expenditure update, notable December disbursements (WRK Engineers seismic assessment $25,000; Davis Security estimate for speakers/intercom), and a projected unaudited ending fund balance of $519,395.
Amanda Lapp, District Financial Administrator, presented the December 2024 financial update and an overview of audit planning. The General Fund revenue highlights include property tax activity, State School Support Fund receipts, and several larger December checks. The disbursement register in the packet lists WRK Engineers for a $25,000 seismic assessment and Davis Security & Electric estimate of $18,948.44 for wiring speakers/intercoms.
The district’s Statement of Anticipated Revenue (12/31/24) shows State School Support Fund allocations and projected totals; the packet lists a projected ending fund balance (unaudited) of $519,395 and an unappropriated ending fund balance target of $50,000. Board members received detailed line-item revenue and expenditure tables and a monthly disbursement report totaling $169,739.64 for December checks across multiple funds.
The board did not take separate fiscal action beyond receiving the reports; routine financial oversight and audit follow-up were noted. The Superintendent and Financial Administrator flagged continued monitoring of staffing, student count and federal-program uncertainties as the governor’s budget proposals evolve.
