District eyes legislature on financing, other measures
Fund balance remains steady, but will need help from Olympia to cover transportation, reduced enrollment impacts
Last updated 2/5/2021 at 3:19pm
CHENEY—School district officials and board members are bracing themselves for what the new year could bring in the form of legislation and funding adjustments — adjustments that could negatively impact operations.
In presenting the financial update, Finance Director Jamie Weingart noted there wasn’t a huge change in the district’s fund balance at the end of 2020. The operating fund balance dipped slightly, dropping from $5,860,779 in November to $5,854,744 in December.
Budget projections show it continuing to decline through February to under $5.4 million before ticking upwards in t...