Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Budget topic
No spam. Unsubscribe anytime.
Fiscal director projects $2.03 million ending fund balance; several summer projects moved to 2025–26
Summary
Fiscal Director Denise projected a $2,029,423 ending fund balance, said several capital projects were deferred into 2025–26, and described the need to open a new Fund 600 tied to paid-leave administration.
Denise, the district’s fiscal director, reported the district is projecting an ending fund balance of $2,029,423 and explained that several projects planned for 2024–25 were pushed into the 2025–26 year.
Denise listed projects that were deferred: buying a used maintenance truck, installing a ventilation system at Winter Lakes High School so the dishwasher can operate, and electrical work (estimated not to exceed $10,000) to install a convection oven donated to the high school’s production kitchen. On the fund balance she stated, "We are going to end up with 2,029,423." The fiscal director said the schedule changes are the reason the beginning fund balance will be higher than previously estimated.
Separately, the board reviewed Resolution 26-01 to add Denise as an authorized signer for district business and remove the prior signer Rachel Amos. The fiscal director also said the district must open Fund 600 to account for paid-leave administration through a third-party administrator, which requires a supplemental budget and a advertised public hearing before implementation.
