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Board reviews unaudited 2024 financials; district expects $30,000 donation, a grant and a transfer in 2025
Summary
The minutes show WSDM District Manager Rebecca Harris presented unaudited 2024 financials reporting higher-than-projected collections and under-budget expenses; she noted an expected $30,000 donation, an unspecified grant and a transfer from the general fund in 2025 and plans for a 2025 reserve fund.
Rebecca Harris presented the district’s unaudited financial statements for 2024, reporting that collections exceeded projections and that expenses were below budget. The minutes state that “the District is expected to receive a $30,000 donation, a grant, and a transfer from the general fund in 2025” and that the district will establish a reserve fund in 2025 for repairs and maintenance.
President Darren Hill clarified during the discussion that the Fire Mitigation Fund is separate from the proposed Reserve Fund. The minutes do not record any formal vote to accept the unaudited statements, nor do they list grant source names or specify the timing or conditions for the transfer or donation.
