The meeting will be held on Monday, Sept. 25, with other items on the agenda, including an investment report and a debt policy review.
What you need to know
The meeting will discuss the operating fund balance—finances used for upcoming district projects—which the district approves every September or October. The available funds total $16.83 million remaining from FY 2022-23.
Below are the potential expenditures listed in the proposal:
- Potential litigation: $750,000
- Potential land development: $1 million
- Potential equipment/capital outlay replacement: $1 million
- Potential residential set-aside: $501,408
- Potential expenditures in excess of revenue: $13.58 million
