Last year, school spent $31.2 million
MEDICAL LAKE – At its Nov. 26 meeting, the School District Board approved the final financial report for the 2023-24 school year, which detailed expenditures of nearly $32 million.
The board also addressed various items, including adjustments to competitive bid thresholds, propane contracts, and accommodating eighth-grade athletes for high school basketball.
Assistant Superintendent of Finance and Operations, Chad Moss, presented the financial summary:
• General Fund: Revenues totaled $30,970,937, while expenses reached $31,224,838, resulting in a deficit of $253,901. The shortfall was attribu...
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