Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Finance topic
No spam. Unsubscribe anytime.
Oak Grove SD 68 reports nearly $6 million in cash reserves; monthly revenues and expenditures reviewed
Summary
Finance Committee representative Nuriddin Matthew Saratore reported the district ended January with cash reserves just under $6M, $425K in monthly revenues, and $1.5M in total expenditures (down $70K vs. prior year); the AP run included transportation, energy, special education tuition and consulting fees.
Nuriddin Matthew Saratore delivered the Finance Committee update noting key figures for the month: "The District ended January with Cash reserves of just under $6M," and the district recorded $425,000 in revenues and $1.5 million in total expenditures for the month, a decrease of $70,000 compared with the prior year.
Saratore reviewed the AP run and noted charges such as $15,171.95 on American Express and $7,747.37 on a Costco VISA, covering routine items including transportation, energy, special education tuition, communication consulting and psychology services. Committee materials also noted the PD room and Promethean boards will be fully paid.
