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Board reviews five-year forecast and directs plan to maintain 10% fund balance
Summary
Business Manager Jesse Johnson presented a five-year general fund projection; the board voted to assign the administrative team to craft a proposal to maintain a 10% or more fund balance over five years.
Business Manager Jesse Johnson presented a financial forecast and planning report that included a five-year projection for the general fund. The minutes record discussion of fiscal planning but do not include line-item figures in the text.
Following the presentation, the board voted to assign the administrative team to prepare a proposal that meets a district goal of maintaining a 10% or greater fund balance for each of the next five years. The motion was made by Greg Mathews and seconded by Marcia Provencher; the minutes record “Motion carried 5-0.”
