Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Finance Investments topic
No spam. Unsubscribe anytime.
Board reviews food-service, debt-service and investment summaries showing nearly $89 million invested
Summary
The Business Office reviewed Food Service and Debt Service funds and an investment summary showing total invested assets of about $88.99 million as of Dec. 31, 2025; staff said the portfolio complies with policy and PFIA.
The board packet included separate fund summaries. Staff reported Food Service Fund YTD revenue of $2,662,290 and YTD expenditures of $2,453,891, and Debt Service Fund YTD revenue of $8,564,616 with minimal YTD debt expenditures recorded.
An investment summary reported total invested assets of $88,996,562 across bank deposits and pooled investments. Staff noted that the portfolio is structured to meet the objectives of the district’s investment policy and to maintain liquidity for each fund. Assistant Superintendent Dr. Erich Morris and business-office staff presented the materials; trustees took no separate action on the investment report during open session.
