Echo SD 5 staff reports October receipts; nutrition program balance addressed
At an Echo SD 5 board meeting, the finance staff reported October property tax collections of $667, basic school support of $387,798 and interest earnings of $19,680; the board discussed rules requiring districts to spend down excess nutrition program balances and approved a submitted plan.
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The board heard the monthly financial report, during which the district's finance staff said, "In October, you received property tax collections of $667, which is a little bit low, but not anything of concern." The staff also reported a basic school support payment of $387,798 and interest earnings of $19,680.
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