Business Office
Financial Report, Presented by Katie Saul, the Director of Financial Services.
-Revenues for the month were $100,000 below projections, primarily due to delayed county property tax remittances and lower-than-expected interest earnings.
-Property tax collections are expected to rebound in December, already exceeding year-to-date projections by more than $300,000 early in the month.
-Payroll and accounts payable expenditures were within $2,000 of projections, showing strong alignment with the adopted budget.
-The district’s ending fund balance remains healthy at 9.89%, within board policy expectations (8%) and aligned with the district’s internal target (10%).
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