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District reports typical year‑to‑date finances; board approves surplus inventory sales
Summary
Finance staff reported fiscal activity through October and asked the board to approve surplus inventory disposals (equipment recycling). The board approved the surplus items; staff said proceeds to date are roughly $1,515,000.
The district finance officer (Mr. Love, speaker 11) delivered a short finance report noting that through the end of October the district had taken in $18,600,000 (year‑to‑date receipts) and spending was normal for this time of year. He noted tax bills had been sent but collections were still modest for the season.
Mr. Love requested board approval for surplus items the district is removing from service; the practice periodically converts unused equipment into proceeds. He reported the district has collected about $1,515,000 so far this year from surplus sales and noted that last year had an unusually high receipts year (about $400,000) due to recycled technology equipment. The board approved the surplus inventory as presented without objection.
The finance office will continue routine reporting and itemized ledger printouts remain available in the board packet.
