Kimball Public Schools treasurer reports improved cash position as state aid and reimbursements arrive

Kimball Public Schools’ treasurer presented the district’s monthly financial report at the April 8 board meeting, reporting that incoming Title I aid and special‑education reimbursements have offset earlier property‑tax shortfalls and returned the general fund cash balance to roughly the same level as the prior year.

The treasurer noted that one large May draw typically accounts for a sizable portion of the district’s annual receipts and advised the board to monitor revenues through that month; if balances do not recover by the May draw, the treasurer recommended contacting the county to inquire about any hold‑ups. He described components of the recent revenue uptick as state aid, special‑education reimbursement and property‑tax credits.

On expenditures, the board discussed specific line items: a double payment to Monument Cleaning Company representing two months of invoices, the first payment under a three‑year fertilization and spraying contract with Premier Land Management, a 20% down payment for flooring in the student center/auditorium and an $18,008.92 building fund payment for new doors at junior/senior high and Mary Lynch Elementary. The budget detail also showed a higher‑than‑normal school‑psych services cost (~$8,500) tied to particular student needs.

The treasurer said the nutrition fund balance and activity fund are healthy (activity fund discussed at about $91,000) and outlined potential participation in the federal Community Eligibility Provision (CEP) that would provide free meals to qualifying schools; eligibility is pending release of application details.

The board moved to approve the board bills and later approved the treasurer’s report during the meeting.