Board Signs Off on Treasurer's Report and Routine Bills; Budget YTD Shows $12.98M in Expenditures
Summary
The Board approved the treasurer's report showing a cash balance of $7,867,118 and accepted regular bills totaling $421,897.48; the minutes report year-to-date expenditures of $12,977,220.61 (72%) and a MN Trust 2023A Bonds cash balance of $734,378.15.
At its April 27 meeting the Pipestone Area Schools Board approved routine financial items, including the treasurer’s report and payment of regular bills.
The minutes record year‑to‑date expenditures through April 20, 2026 of $12,977,220.61 (72% of budget year‑to‑date). The treasurer’s report for the month ended March 31, 2026 showed a cash balance of $7,867,118; the Board approved that report (motion by Katie Wiese, second by Mark Hiniker). The MN Trust 2023A Bonds treasurer’s report for the month ended March 31, 2026 recorded a cash balance of $734,378.15; that report was approved on a motion by Brad Carson, seconded by Daphne Likness.
The Board approved payment of regular bills through April 21, 2026 totaling $421,897.48 (motion by Wiese, second by DeBates). The minutes also record approval of high school activity bills; the minutes list the amount as "$8,0088.83"—a typographical entry in the posted minutes that the district finance office should clarify in the formal accounting records.
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