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Board hears budget reduction update and discusses use of $3.2 million reserve
Summary
Superintendent Penrod presented a budget reduction update and Board members pressed for clearer finance reporting; Business Manager Toni Vandershule said the district is spending from a $3.2 million reserve and intends to backfill with reimbursements that 'may or may not come.'
Superintendent Susan Penrod presented a Budget Reduction Update during the March 17 meeting and Board members asked clarifying questions about reduction options and reporting formats.
Board member Jason Haag sought clarity on next steps and finance reports, prompting Business Manager Toni Vandershule to explain the district is spending out of a $3.2 million reserve set aside for funding uncertainty and plans to backfill those expenditures with reimbursements that "may or may not come." Board members requested alternative report formats to provide clearer financial detail for future meetings.
The budget materials attached to the agenda included February revenue and expenditure reports by function and by object. Trustees asked for additional detail and Vandershule offered to present alternative report options if provided with specific requests.
