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Finance staff report September activity and note falling interest rates on district investments
Summary
Finance staff presented the district's September financial activity and an investment holdings update, noting interest rates have started to decline. Board packet included budget highlights for further review.
Steve Goss reported to the board on budget and finance activity through the end of September and reviewed accounts payable. He told the board the packet includes budget highlights and said he and Superintendent Keevin O'Neill have begun breaking down details for further analysis.
Goss also gave an investment holdings update through Sept. 30 and said interest rates are starting to come down, a development that could affect near-term investment income projections. No action was taken on budget items at the meeting; the packet provides more detail for future fiscal planning.
