Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Finance topic
No spam. Unsubscribe anytime.
Oak Grove SD 68 reports just under $15M in reserves while reviewing levy materials
Summary
CSBO Jason Udstuen told the Committee that the district ended October with cash reserves just under $15 million, monthly revenues of $2.3 million, and expenditures of $1.74 million (down $301,000 year-over-year). The levy presentation was on the agenda for 2025–26.
Jason Udstuen, the district's Chief School Business Official, reviewed October financials for Oak Grove School District 68. He reported that "The District ended October with cash reserves of just under $15M," that revenues were $2.3 million for the month, and that total expenditures were $1.74 million, a decline of $301,000 compared with the prior year.
Udstuen also reviewed student activity and imprest accounts, noted $16,000 in American Express charges and $4,000 in Costco Visa charges for routine supplies, and summarized accounts payable (transportation, energy, special education tuition, communication consulting, and psychology services). The agenda also listed a 2025–2026 levy presentation; substantive levy details are not recorded in these minutes.
