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