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Board reviews June 2026 financial reports and approves fund advances to cover negative grant balances

Tecumseh Local Board of Education · July 21, 2026
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Summary

The board reviewed June 2026 financial reports and approved fund advances from the general fund to cover negative grant fund balances, listing specific fund amounts and instructing the treasurer to amend estimated resources and appropriations.

At the July 21 meeting the board reviewed and approved the district's June 2026 financial reports and authorized fund advances to cover negative grant fund balances from the general fund as of June 30, 2026.

The minutes list line items showing the general fund covering a negative balance of $190,007.24 for fund 001‑0000 and multiple negative grant funds including 516‑9026 at $(60,982.65) and 572‑9026 at $(79,175.06), among others. The board also approved amendments to estimated resources and appropriations and accepted several donations to district programs. The motion carried by roll call 5‑0.