Citizen Portal
Sign In

Get Full Government Meeting Transcripts, Videos, & Alerts Forever!

Get email alerts on the Financials And Grants topic

No spam. Unsubscribe anytime.

Treasurer reports $2 million tax advance and multi-thousand-dollar grants and donations

Waterloo Local School District Board of Education · March 14, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Treasurer reported February tax advances of nearly $2,000,000 leading to fund surpluses; the board approved donations (a $1,000 gift to theater, ~$1,200 in elementary supplies) and a grant for $3,007.29, with a pending $40,000 grant noted for next month.

The treasurer told trustees February is when the district receives tax advances and that the board saw a large month for receipts. "So our tax advance for the month of February was almost $2,000,000," the treasurer reported, noting that surplus positions were visible across fund lines: February emergency fund surplus about $1,100,000 and an all-funds February surplus of about $1,800,000, with year-to-date surplus just over $900,000.

The board approved donations and grants on the consent agenda: $1,000 to the theater/drama program from the Mogador VFW Charity Foundation and roughly $1,200 in supplies for the elementary school from Ohio SNAP-Ed, and a grant for $3,007.29 was approved. The superintendent said the board will have the $40,000 security grant on next month's agenda for formal action after application notification.