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Treasurer reports June cash balance $2.14M, July rises to $2.39M; board cautioned on reimbursements and Title I funding
Summary
JP presented June and July 2026 treasurer's reports: June 30 ending cash fund balance $2,142,494.28 (prior month ending $3,272,207.73), and July 31 ending cash fund balance $2,386,804.15. JP noted that federal grant reimbursements and Title I funding levels may affect later statements.
JP, presenting the treasurer's reports, said the district began with a prior month ending fund balance of $3,272,207.73 and detailed receipts and disbursements that left a June 30, 2026 cash fund balance of $2,142,494.28. "We had a prior month ending fund balance of 3,272,207.73," JP stated as he reviewed the June numbers. JP explained that summer payrolls and timing of federal grant reimbursements affect cash positions and cautioned that July reimbursements could bring year-to-year numbers closer.
For July 31, JP reported a receipts figure of $630,831.66 and an ending cash position of $2,386,804.15. He flagged concerns about Title I funding levels (funding at 1,380 versus 1,400 cited) and mentioned broader state-level talk about a proposed lawsuit over school funding, saying he had "no idea what impact that will have" on the district but that the board would monitor developments. Both the June and July treasurer's reports were presented and approved by voice vote; the transcript records the approvals but not a roll-call tally.
