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Santee board accepts monthly financial report; General Fund cash about $39.2 million

Santee School District Board of Education · March 18, 2025
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Summary

The board accepted the monthly financial report for January 2025. Assistant Superintendent Dr. Marcia Hamilton reported the district’s General Fund cash balance in December was approximately $39,155,383 and that internal cash was sufficient to meet obligations.

The Santee School District Board of Education accepted the monthly financial report for transactions posted January 1–31, 2025, after hearing staff analysis of cash and budget revisions.

"In December, the District ended the month with a cash balance in the General Fund of approximately $39,155,383, sufficient funds to pay all of the District’s financial obligations with internal cash," Assistant Superintendent Dr. Marcia Hamilton said. Member Glover moved approval; the motion passed 5‑0.

Board members did not request major changes to the report and directed staff to continue routine monitoring as the district prepares for upcoming budget cycles.