Gresham-Barlow finance update shows ending fund balance below policy target
Director of Finance Pete Bejarano reported a projected 6.2% ending fund balance for the year, below the district policy target of 8%; the board asked staff to return with options and placed further discussion on a future agenda.
The full story
Director of Finance Pete Bejarano told the board on April 2 that projected cash and operating balances are stable but the district is forecast to end the year with a 6.2% ending fund balance, beneath the board policy target of 8%.
Sign up to keep reading.
Your free newsletter brings you what your city council, county, and school board discussed and decided.
or
Free account
Keep reading for free
Create a free account to finish this story and see the video, transcript and key details.
Continue with GoogleContinue with emailAlready have an account? Log in