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Board hears budget update: revenue down as winter-tax collections wind down
Summary
Finance staff reported that both revenue and expenses were lower in February because winter taxes were winding down and February is a shorter month. The update was presented by Becky Furman.
Becky Furman presented a budget update to the Michigan Center Board of Education on March 9, noting that revenue was down as winter-tax collections wind down and that February’s shorter calendar resulted in lower reported revenue and expenses.
Furman told the board that the district is tracking month-to-month shifts in revenue and expenditures tied to tax collection timing; the meeting minutes do not include specific dollar figures or projections in the transcript.
Board members did not record additional discussion or requested follow-up in the meeting minutes for this agenda item.
