Medical Lake School District #326, WA
Minutes
Budget Hearing
Date and Time
Tuesday July 23, 2024 at 4:45 PM
Location
Medical Lake School District Administration Office
And Zoom
Directors Present
Alexis Alexander, Gerri Johnson, Laura Parsons, Ron Cooper, Wendy Williams-Gilbert
Directors Absent
None
I. Opening Items
A.
Record Attendance
B.
Call the Meeting to Order
C.
Review the 2023/2024 Proposed General Fund Budget Extension
D.
Review the 2023/2024 Proposed Capital Budget Extension
This is a review of the capital funds budget extension discussed at the June 25, 2024 meeting. The requested $400,000 will cover the cost of the increased price for the High School controls and the Middle School vestibule construction which started 1 month into the new fiscal year.
E.
Review the Proposed 2024/2025 Budget
Assistant Superintendent of Finance and Operations, Chad Moss discussed the highlights for the district budget and a summary of revenues and expenditures. Also included were pages from the 195F, a 4-year comparison for enrollment and staff counts, general fund budget, ASB fund budget, debt service fund, capital projects fund, and transportation vehicle fund summaries.
II. MSOC Disclosure
A.
MSOC Disclosure
Following the presentation of the budget was the MSOC Disclosure which is required by law and shows that monies were spent for their intended allocations only.
No public comments were made via Zoom or in-person.
This is a review of the general fund budget extension discussed at the June 25, 2024 meeting. The requested $500,000 will help offset the increased cost of insurance and the late invoice from our Running Start program.