Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Budget topic
No spam. Unsubscribe anytime.
Finance committee: fiscal year 67% complete; local revenue up on property tax collections
Summary
Finance staff told the committee that, as of February, the district is 67% through the fiscal year and 54% through the school year; local revenue is elevated due to property tax collections and operations expenditures are slightly below budget.
Assistant Superintendent of Finance and Operations Julie Davis presented the monthly financial statements and said February ends with the district 67% through the fiscal year and 54% through the school year. Davis told the committee local revenue is high because of property tax collections and that expenditures are trending as expected; operations are slightly below budget.
The update was presented for information to the Finance Committee; the minutes record no committee vote on the monthly statements. Committee members were briefed on revenue timing and expenditure trends to inform upcoming budget planning and Board discussion.
