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Business manager summarizes July financials; board approves appropriation correction
Summary
Melanie Nies presented a budget-to-actual snapshot for July that highlighted LGIP dividends of $28,859 and described data improvements to come in October; board approved Resolution 2026‑04 to reclassify a budget line for ODE reporting.
Melanie Nies presented the district financial summary for the period ending July 31, noting that the adopted budget had not been fully integrated into the district accounting software and that October will provide a clearer snapshot once positions and encumbrances are entered. Nies summarized accounts payable activity for the period and reported, “we earned $28,859 in that investment,” referring to LGIP dividends earned during the reporting period.
Nies asked the board to approve Resolution 2026‑04 to move a plan-reserve appropriation from the 5,100 series to the 6,000 series so the adopted budget aligns with ODE upload requirements; the board moved, seconded and approved the resolution. The board also moved and approved the monthly list of bills for July as presented.
