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District reports roughly $36.9 million General Fund cash balance for December
Summary
Assistant Superintendent Marcia Hamilton told the Board the district ended December with a General Fund cash balance of approximately $36,928,425, sufficient to meet obligations; the Board approved the monthly financial report 4‑0.
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Dr. Marcia Hamilton presented the Santee School District’s monthly financial transactions for Dec. 1–31, 2024, and reported the General Fund cash balance was approximately $36,928,425.
Hamilton told the Board the cash balance was sufficient to pay the district’s financial obligations using internal cash. Member Glover moved to approve the financial report; the Board voted 4‑0 in favor (Burns not present).
The report was an informational acceptance of December transactions; no additional budget revisions were adopted at the meeting.
