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Santee School District reports roughly $43.0 million General Fund cash balance for July

Santee School District Board of Education · September 3, 2024
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Summary

Assistant Superintendent Marcia Hamilton reported the district ended July with about $43,033,107 in the General Fund cash balance, sufficient to meet obligations; the Board approved the monthly financial report 4-0.

Dr. Marcia Hamilton, Assistant Superintendent of Business Services, presented the monthly financial report covering transactions posted July 1–31, 2024. She reported the District ended the month with a General Fund cash balance of approximately $43,033,107 and stated the balance is sufficient to pay the District’s financial obligations with internal cash.

Member Barbara Ryan moved to approve the monthly financial report and the Board voted 4‑0 in favor. The minutes do not record additional discussion or requests for further financial detail at the meeting.