CHENEY — The Cheney School District is projecting its fund balance to fluctuate this year, with peaks in October and April when property taxes are collected, but significant drops from November through February.
At the Cheney School Board meeting on Oct. 9, District Finance Director Jamie Reed reported a fund balance of $7,849,749 for September, noting the district’s plan to rely less on federal funding.
Reed also pointed out that the district is focusing more on the months when funds are lower rather than year-end figures. “We should focus on the parts of the year where the fund balance is lo...
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