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Santa Rosa ISD bond report: $8.01 million total; $3.29 million remains unallocated
Summary
CFO presented Dec. 16 that total 2023 bond funds, including interest, stand at $8,010,906.19; $4,721,143.55 has been allocated and the remaining bond balance is $3,289,762.64. The board approved a related budget amendment on the consent agenda.
Santa Rosa Independent School District’s finance director presented a detailed bond-allocation and combined-funds report at the Dec. 16 board meeting showing total bond funds of $8,010,906.19 (including interest earned) with $4,721,143.55 allocated to projects and a remaining balance of $3,289,762.64 as of Dec. 15, 2024.
Marisa Cuevas, the district’s chief financial officer, reviewed line-item budgets and year-to-date expenditures and revenues for combined funds. The board approved a consent-agenda motion that included a budget amendment; the motion on the consent agenda was made by Juan M. Perez, seconded by Mark Chairez, and passed 5–0. The packet included multi-page revenue and expenditure recaps showing realized revenue percentages and expenditures through November 2024.
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