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Ore City ISD reports $828,123 surplus; food service remains in the black
Summary
Central office told trustees the district is $828,123 over revenue received for the year and that food service continues to operate with a positive balance.
During the Sept. 15 meeting, central office staff reviewed finanical reports (FIN 1750, FIN 3050, FIN 3350) and told trustees the district’s current figures show an $828,123 surplus relative to the revenue expected for the year. Staff also noted the food service program is operating in the black and that funds are continuing to be returned to the food service balance.
No board action was taken on budget adjustments at the meeting. Staff did not provide a revised forecast or proposed transfers; trustees heard the summary items for oversight and asked staff to continue monitoring revenue and expense lines.
