Our Executive Board met last night and approved consideration of the proposed 2010 Budget for the district. The budget proposal reflects our expectations for the year, but does not include the Cole Fund.
The money that we received from the Raymond T. Cole Trust has been invested in a revolving set of Certificates of Deposit. As we develop our 5,10 and 20 year plans, we will have more details on a budget for the fund later in the year. However, as this has been placed outside of the normal operating budget, it is not appropriate to include in the Operating Budget that will be approved in February.
Please take a look at the proposed budget. Questions before or at the meeting may be directed to our Finance Chair, Kathryn Lewis, or our Chair, Chad Lupkes.
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