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Business manager projects roughly $1 million ending fund balance; board notes downward trend
Summary
Business Manager Tara Garratt presented financials showing the end-of-year balance is declining; Garratt estimated an approximate $1,000,000 ending fund balance and the superintendent said staff will monitor the budget closely.
The Port Orford-Langlois School Board reviewed financial reports included in the March 10 meeting packet.
Business Manager Tara Garratt told the board she anticipates an approximate $1,000,000 ending fund balance. Board member Bob Brown noted that the end-of-year balance is down, and Superintendent Aaron Miller said the district will continue close monitoring of expenditures and revenues. The minutes state that Garratt "anticipates an approximate $1M ending fund balance."
Board members expressed appreciation for the additional information Garratt provided in the packet. No budget amendments or formal fiscal actions were taken at the meeting; the board will continue oversight through regular reporting.
