Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the School Finance topic
No spam. Unsubscribe anytime.
Oak Grove SD 68 finance committee: cash reserves just under $14.3 million; September revenues $6.6 million
Summary
Committee member Jason Udstuen reviewed September financials, reporting cash reserves of just under $14.3M, $6.6M in monthly revenues and $1.6M in expenditures — down $99,000 from the prior year for the same month.
Committee member Jason Udstuen presented the Oak Grove School District 68 Finance Committee's review of September financials on Oct. 16, 2025, in the district conference room. "The District ended the month with Cash reserves of just under $14.3M," Udstuen told the committee as he reviewed the Statement of Cash and Investments.
Udstuen said the Business Office calendar is up to date and reported $6.6 million in revenues for the month and $1.6 million in total expenditures, a decline of $99,000 compared with the prior year. He also reviewed Student Activity and IMPREST accounts and noted routine card charges: about $15,000 in American Express charges for school supplies and district bills and roughly $4,000 in Costco Visa charges, largely for operations, extended day and cafeteria supplies.
The presentation was delivered as part of the committee's routine monthly fiscal oversight; no formal budget actions or votes were taken at the meeting. Committee members heard the figures and asked no recorded follow-up motions during the session.
