Director says no budget augmentations needed after GoEd drawdown
Library Director Joy Holt told the board she did not file budget augmentations this cycle because the finance department will allocate the recent GoEd grant drawdown to salary and services lines automatically; she asked trustees to disregard a mention of augmentations in the written report.
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Joy Holt, the library director, told trustees she did not submit augmentations this period after reviewing grant drawdowns and the finance department's internal accounting processes. "I actually didn't end up doing any," she said, explaining that some money (for example from the GoEd grant drawdown) will be applied directly to salary or services and supplies lines by finance rather than through a formal augmentation.
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