Elgin SD reports September finances; projects $783,812 ending fund balance

Sep 16, 2024

Business Manager Amanda Lapp presented the September financial update, showing projected total revenue of $6,446,848 and a projected ending fund balance of $783,812; the district is awaiting the auditor's draft financials and reviewed a $120,608.29 disbursement register.

The full story

Elgin School District Business Manager Amanda Lapp presented the district's September financial update at the Sept. 16 board meeting. She reported General Fund receipts that month included $2,032 in property taxes, $4,410 in interest and a Basic School Support (SSF) allocation of $393,700. The district's projected total revenue for 2024–25 is $6,446,848 and the projected ending fund balance is $783,812; the auditor's draft financials remained outstanding.

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