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Boyceville School Board approves $1.65 million in payments, hears budget update
Summary
The Boyceville Community School District Board approved nearly $1.65 million in payments covering general and referendum funds and heard a budget update showing $6.37 million in referendum expenditures and $119,000 in interest earned as of August.
The Boyceville Community School District Board on Sept. 17 approved payments totaling $483,394.54 from the General Fund and $1,166,396.37 from the Referendum Fund after a motion by Sharon Formoe and a second from Stacy Fetzer.
"Motion by Sharon Formoe to approve check numbers 1453-1455,16367-16376, 83573-83612, 835616-83662, 83676-83737, and the ACH Payments made by PMA as presented totaling $483,394.54 from the General Fund and $1,166,396.37 from the Referendum Fund," the minutes record. The motion was approved unanimously by board members present.
District Financial Accountant Emmaly Monfort summarized the district's fiscal position: $6.37 million of referendum funds had been expended by the end of August on projects including electrical, lighting, HVAC, masonry, and Clevertouch boards installation. Monfort also reported $119,000 in interest and investment earnings for August and said the general fund appears on track for a balanced budget pending the official general aid certification expected Oct. 15.
Board members did not amend the accountant's report and moved the payments as presented. The board will receive further budget details as state aid certification becomes available.
