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Finance manager reports routine spending, flood repair costs and upcoming OGEC filings
Summary
Finance Manager Mohawk reported roughly $1.5 million in monthly spending, a $76,000 debt-service payment with most reimbursable, approximately $32,000 paid for a portable flood cleanup plus about $30,000 in repairs covered by insurance aside from a $1,000 deductible, and reminded trustees about upcoming Oregon Government Ethics Commission filings (opens March 15, due April 15).
Finance Manager Mohawk updated the board on the district’s monthly spending and recent incident-related costs. "As usual, we spent about $1,500,000 monthly," Mohawk said, and reported a debt-service payment of $76,000 to a tax-exempt QSAP account with about 75% expected to be reimbursed through the IRS.
Mohawk described a flood in one portable that required cleanup costs of about $32,000 and an additional roughly $30,000 of repairs that insurance will cover except for a $1,000 deductible; the work is expected to be finished in three to four weeks. Mohawk also reminded board members about Oregon Government Ethics Commission filings (OGEC): the filing window opens March 15 and filings are due April 15, and new board members should receive a notification email.
