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District reports November finances; staff outlines $3M field project and local-match options
Summary
District staff reported November financials — revenues just over $4 million, expenditures over $3.5 million and nearly $11 million in the general fund — and outlined plans for a two-year, approximately $3 million athletic field project using local funds and timber revenue as possible matching sources.
The district's November financial report showed revenues "a little over 4,000,000" and expenditures "over 3,500,000," with "an additional, 313,000 left over," agency official (Speaker 2) told the board. Staff said the district currently holds about $11 million in the general fund, representing roughly 18% of the district's $64 million budget.
Staff discussed financing for a planned softball and baseball field turf project, estimating the total project "about 3,000,000" to cover drainage, bleachers and site work. The superintendent noted the district can use local cash reserves (including timber dollars and rolled CDs) as match funds rather than tapping designated levy or debt-service dollars. The project is expected to span two fiscal years, reducing upfront funding pressure.
Board members asked for more precise cost breakdowns and timeline details; staff said they will provide further budget analysis and a schedule as the design and grant paperwork are finalized.
