The Superintendent’s Financial Statements for the months ending July 31, 2020 and August 31, 2020 reflect anticipated results for the first two months of the 2020-2021 fiscal year. The full impact of the COVID-19 pandemic on District finances is not known at this time. Food and Nutrition Services is awaiting federal draws from the summer feeding program which resulted in borrowing from the General Fund. The due to other funds is the amount owed to the General Fund until these funds are received. The District has been assured they will be held harmless for the first semester and will closely monitor student enrollment, sales tax revenues and legislative actions as the fiscal year progresses. The negative trend shown in the General Fund will continue until approximately November when property taxes are received.