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Finance director reports roughly $4M revenue through Dec.; $7.2M expenditures, procurement updates
Summary
Outgoing finance director Andrew Mackie told the Greenwood 52 board that district revenue through Dec. 31 was about $4,000,000 (not including December tax collections) and expenditures about $7,200,000. He also outlined procurement work on classroom furniture, digital marquees (estimated ~$40,000 each) and a pending PA-system grant award.
Andrew Mackie presented the district's monthly financial report, saying: "Through December 31, our revenue is about $4,000,000." He added that this figure does not yet include December tax revenue and that December typically pushes the revenue closer to prior-year levels (noting prior years saw about $6,000,000 in December). Mackie said district expenditures through December were "about $7,200,000" and that overall spending is tracking near projections despite increased pay costs.
On procurement, Mackie said classroom furniture and media center furniture remain in process and that digital marquees would cost roughly $40,000 apiece and must be bid because they exceed the district procurement threshold. He also said the PA system grant had an amount but the district awaited the formal award letter before moving forward.
