Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Finance topic
No spam. Unsubscribe anytime.
Preston Joint School District July finance packet shows $11.02M in modernization fund, substantial vendor payments
Summary
July 2025 balance sheets show an $11.02 million School Modernization Facilities Fund balance and sizeable line-item payments, including $150,609.60 to eLuma Online Therapy and $44,279 to Pine Cove Consulting for technology purchases.
Board materials and the detailed check register presented on July 16 included multiple fund balance summaries and vendor payments. Notably, the School Modernization Facilities Fund reports a cash balance of $11,021,337.89. The student-activity fund balance totaled $780,529.57 across school accounts as of the July report.
The check register lists several high-value payments: $150,609.60 to eLuma Online Therapy (SLP online services, fund 257), $44,279.00 to Pine Cove Consulting for 'Airtame 2 Collaboration platform' (technology fund), and multiple purchases of Microsoft Surfaces, mini PCs and monitors recorded in the technology accounts. Routine large operating items (electric bills, copier leases, transportation fuel and maintenance) also appear in the register.
The packet shows deferred revenue and accounts receivable entries for federal programs (ESSER III, Title I) and indicates certain funds with negative cash positions (e.g., some grant-designated funds reflecting timing differences between expenditures and receivables). Finance staff will reconcile these month-end balances as part of regular accounting.
