Finance update: District reports $2.93 million in outstanding state reimbursements and $77.2 million capital fund balance
In a Jan. 5 presentation finance staff reported $2,925,229.44 in outstanding state reimbursements as of Dec. 26, 2025, capital projects ending balance of $77,206,651.42 as of Nov. 30, 2025, and sales tax receipts of $1,355,564 for the reported period; board discussed proration and bond refinancing options.
The latest finance update reveals a staggering $2.93 million in outstanding state reimbursements and an impressive $77.2 million capital fund balance, sparking discussions on bond refinancing and capital projects.
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