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Business manager reports district financial posture; payroll and bills approved totaling $282,144.50
Summary
Business manager reported $529,000 available in capital funds and an expected uptick in general-fund apportionment in July–August; the board approved June payroll and July bills totaling $282,144.50 by voice vote.
Business manager (S6) briefed the board on the district's financial position: $529,000 in capital funds for projects and a general fund balance that typically dips in June (about $436,000) but is expected to rise with July and August apportionments. S6 noted transportation-fund changes tied to legislative depreciation rules and outlined a plan to reserve money for potential vehicle replacements.
The board then approved payroll and bills: "All approved due payroll and July bills of $282,144.50," a line presented on the record before the board voted in favor. Staff will include the transactions in regular financial reporting and continue monitoring capital-project costs and transportation-fund implications for next year.
