Finance officer reports revenue gains, audit near completion; board reviews reimbursement policy and Whitaker Bank sponsorship

Finance officer reports revenue gains, audit near completion; board reviews reimbursement policy and Whitaker Bank sponsorship

Kentucky / School Boards / Mercer County

The finance officer reported year‑to‑date revenue of $13.7 million (3% increase) and an expense uptick; the audit deadline was extended and the district expects final reports soon. The board heard a first reading of revised expense reimbursement policies (meal per diem rising from $40 to $50; high‑rate area $60) and heard discussion of a proposed $25,000 Whitaker Bank sponsorship for gym naming rights (roll‑call vote mentioned but result not recorded).

Powered by CitizenPortal.ai