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Oak Grove SD 68 finance committee reports just under $10.24M in cash reserves; July revenues rise

Oak Grove School District 68 Board of Education · August 7, 2025
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Summary

Committee member Jason Udstuen reviewed July 2025 financials: the district reported cash reserves of just under $10,236,401, July revenues up $168,411 year-over-year and expenditures down $221,393 from last July.

Board member Laura Reutzel convened the Oak Grove School District 68 Finance Committee on Aug. 7, 2025, where Committee member Jason Udstuen presented the district’s July financial statements. "The district ended July with Cash reserves of just under $10,236,401," Udstuen reported to the committee.

Udstuen told the committee that July revenues were up $168,411 compared with the same month last year, while total expenditures were down $221,393 from last July. He also noted reviews of student activity and imprest accounts and summarized routine purchasing activity for the month. The committee did not take any formal action on these reports during the meeting.