Page 10 - District 3 Annual Financial Report April 26, 2022 Dave Reeder

Looking Ahead

• 2021-22 was a pivotal year in regaining the District’s

financial status

• As Bob Baker reported last April, the District’s goal is

to carry a fund balance of 50% of annual operating

expenses, which equates to $600,000 of $1.2M.

• Previousy when in that position, the District

reimbursed funds to schools via:

1. Paying annual PIAA dues (2013-2019)

2. Profit sharing (2013-2016)