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Board accepts November financial reports; business manager reviews reserve policy
Summary
The board approved November 2024 financial reports and heard a presentation from Business Manager Kaitlin Tetrault on the district reserve policy and its application to current finances.
The board voted unanimously to accept the district's November 2024 financial package, including the monthly financial summary memo, treasurer’s monthly reports and appropriation status report. Lee Barcomb moved the motion, which Chris Demers seconded.
Business Manager Kaitlin Tetrault reviewed the district's reserve policy and presented points of information about reserve balances and policy application. The presentation was recorded as part of the financials line item, and the board took no additional fiscal action beyond the acceptance of the reports during this meeting.
"Mrs. Tetrault reviewed the policy and made a presentation in regards to the Reserve," the minutes state, noting the presentation accompanied the financial packet.
The motion carried unanimously and no specific budget amendments or new appropriations were announced at the meeting.
