Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Finance topic
No spam. Unsubscribe anytime.
Salt Creek SD 48 board reviews August financials and approves $1.7 million in September disbursements
Summary
The board reviewed August financial reports, the Treasurer's report showing $18,484,770.13 in total funds, and approved disbursements including an AP register with $1,700,633.10 in transactions dated Sept. 19, 2024.
Salt Creek School District 48 staff presented the Treasurer's Report for the period ending Aug. 31, 2024, listing fund balances and the district's total cash balance of $18,484,770.13. The report broke balances down by fund: Education Fund $14,177,228.68; Operations & Maintenance Fund $2,786,532.71; Debt Service $429,131.35; Transportation $1,180,569.56; IMRF Fund $132,846.60; Medicare/Social Security Fund ($6,670.29); Capital Projects Fund $0.08; Working Cash Fund $285,131.44.
Board packets included the AP check registers with multiple vendor payments for August and September. Notable items recorded in the AP registers included a $488,000 payment for a title/escrow related to Elmhurst property settlement, a $656,372.40 invoice to FGM Architects for pre-referendum services, and a Sep. 19 AP run totaling $1,700,633.10 across funds (Education $750,109.01; O&M $899,078.77; Transportation $51,445.32). The board approved consent items that included the August disbursements noted in the packet.
Provenance: topicintro SEG 015, topfinish SEG 716
