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Treasurer reports March balances: total funds about $8.74 million; receipts and expenses noted
Summary
The district treasurer reported March balances totaling $8,741,004.99 across funds, $3.28 million in SuperNow and $5.53 million in the education fund; March receipts were $432,001.73 and expenses $1,374,008.83. The board approved the treasurer's report.
At the start of the meeting the treasurer provided a detailed March financial report, listing fund balances and month-to-date activity. He said the SuperNow account balance at First Community was $3,280,003.52 and the adjusted bank balance after outstanding checks and payroll carryover was $3,107,004.23; combined fund balances across the district totaled $8,741,004.99 as of March 31.
"March receipts totaled $432,001.73 and expenses $1,374,008.83," the treasurer reported. He also listed individual fund balances including the education fund at $5,554,005.98, building fund $873,005.57, transportation $920,004.65 and a negative bond and interest balance of $14,001.14. After the report, the chair asked for a motion to approve the treasurer's report; the board moved and carried the approval.
The report noted small state aid distributions for school lunch and driver education reimbursements; staff said real estate tax distributions had not yet been received. The treasurer's figures were placed on record and the board voted to accept the report.
