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Interim business director: District has $10 million in pool account, enrollment up about 40 students
Summary
Interim Business Director Melissa Reagan reported October 2024 financials noting roughly $10 million in the pool account earning just over 5% interest and an enrollment increase of about 40 students, which will raise the district's State School Fund allocation; rising costs for fuel, food and travel were also noted.
Interim Business Director Melissa Reagan presented the October 2024 financial report, saying the district has approximately $10 million set aside in the pool account currently earning "just over 5% in interest." Reagan also reported that La Grande SD's enrollment is up about 40 students, which will increase the district's State School Fund allocation; she noted increased costs for fuel, food and travel.
Board members received the financial report as part of routine updates and listed the October 2024 Financials as Attachment C in the meeting materials. No budgetary actions or changes were approved at this meeting; the report was informational.
