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Auburn board of education financial statements [Video]

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Startup Funding

The Auburn City Board of Education approved their September financial statement and more at Tuesday’s meeting. 

The total revenue and other funding sources in the general fund amounted to $133.39 million or 100.49% of their budget. 

Expenditures and other fund uses amounted to $114.71 million, or 87.17% of the budget, and any fund balance on September 30 was $55.96 million.

As of Sept. 30, reconciled cash balances amounted to $78.65 million.

Expenditures for the month totaled $6.72 million; gross payroll amounted to $5.83 million; and employer matching benefits totaled $2.05 million. Revenues collected in September amounted to $8.7 million. 

Other BOE business

Auburn City Board of Education approved the bid for ice cream and supplemental groceries from Osborn Brothers, Inc. for the 2024-25 school year. 

The board also approved change order one from SKC Construction, Inc. to close out the toilet renovations project at JF Drake Middle School. 

They granted an easement to …

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