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Coquille SD 8 projects $2.03 million ending fund balance; schedules July 21 supplemental budget hearing
Summary
Fiscal director Denise told the board the district’s projected ending fund balance is $2,029,423, described projects moved into 2025–26, and requested a supplemental budget hearing at 10:00 a.m. on July 21 to open Fund 600 for state-required paid leave administration.
Fiscal Director Denise reported the district projects an ending fund balance of $2,029,423 and explained that some projects originally planned for the 2024–25 school year were moved into 2025–26, which affected beginning balances.
“We are going to end up with $2,029,423,” Denise told the board, noting that project timing explains the difference from earlier estimates. She identified specific planned projects: purchase of a maintenance truck (used to the district), an upgraded ventilation connection for a dishwasher at Winter Lakes High School, and an electrical project to connect a donated convection oven at CHS that is estimated “not to exceed $10,000.”
Denise said the district must open a new fund (Fund 600) to pay a third-party administrator for Oregon’s paid family and medical leave program. To meet payroll timing, she requested a supplemental budget hearing and vote on July 21 at 10:00 a.m.; the district needs four board members present for that hearing. The board scheduled the hearing and asked staff to advertise it as required by law.
