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Fiscal director projects $1.03 million year-end balance for Coquille SD 8
Summary
Fiscal director Denise told the board the district is projecting an ending balance of $1,031,003 after recent emergency repairs and other expenditures, and offered corrected financial pages to the board.
Denise, the district’s fiscal director, reported corrected financials and a projected year-end balance of $1,031,003.
She said the projection accounts for emergency repairs such as the boiler and a water leak and that the business office has been busy completing federal reports. Denise noted a printing mishap in the packet and offered to provide corrected detail after the meeting. Board members asked no substantive questions during the report; Denise said the corrected pages would be provided.
The fiscal projection provides context for upcoming budget decisions, including the board’s later direction to prepare a budget reflecting a $1.8 million reduction for next year.
