District reports roughly $334,000 projected surplus after adjustments, addresses capital needs

Anita (S8) presented the district's financial statement and outlined revenue, receivables and recent expenditures. She said the district showed $942,345 in revenue over expenses through the end of May; after subtracting a prior-year deficit of about $415,000 and accounting for approximately $193,000 in planned expenditures (some reimbursable), Anita said the district expected a remaining surplus of roughly $334,000, which would be within the 8% special‑act fund-balance allowance.

Anita listed recent capital uses the board approved or has underway: replacement of an aging school vehicle, weight-room equipment purchased from Advantage Fitness, updated teacher laptops and classroom desktops, $34,000 in camera upgrades (noted as reimbursable through Schedule N), roof leak repairs by Phoenix, and a planned generator purchase after July 1 to allow reimbursement. She also flagged accounts receivable movement (from $1.3 million to about $538,000 outstanding) and an early payment on a TST health coop insurance invoice that temporarily depressed accounts payable figures.

A board member moved to accept the financials as presented by Anita; the motion was seconded and approved by voice vote.