Hillsboro R-III accepts clean audit, reviews midyear budget and approves several contracts
Board accepted an unmodified FY2025 audit, heard midyear budget and revenue timing that created a temporary negative cash position, discussed a $117,560.13 senior tax-credit impact, and approved payments and contracts including a $22,275 bill to Jefferson College, summer school, a three-unit John Deere Gator rental, and a bond redemption amendment.
The Hillsboro R-III Board of Education just accepted a clean FY2025 audit while navigating a complex midyear budget, revealing key financial insights and new contracts that could shape the district's future.
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