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Fiscal director projects roughly $1.03 million fund balance after emergency costs
Summary
The district fiscal director reported a corrected financial statement projecting about $1,031,003 at year-end after emergency expenses; the agenda packet had a printing mishap but corrected financial pages are available.
Denise, the district's fiscal director, presented corrected financial materials and said a printing error had affected the packet but the board would receive corrected pages. She projected the district will end the school year with an approximate balance of $1,031,003 after accounting for emergency repairs and other unexpected costs.
"At this point right now, projecting that we'll be... we will be at $1,031,003 at the end of the school year," the fiscal director said, noting the business office handled federal reporting and a busy January. Board members asked for the corrected pages to review after the meeting.
The fiscal discussion occurred before later budget-direction actions; the board did not adopt formal budget changes at this meeting aside from directing the superintendent after executive session to draft the $1.8M reduction.
