A district finance staff member told the Jefferson City School Board that Budget Amendment 1 reflects a windfall in a fluctuating insurance revenue line and multiple expense adjustments.

During the October board meeting presentation, the staff member said the district had budgeted $8,600,000 for a County Stock Insurance revenue line based on a three‑year average but actual receipts came in at $11,200,000, an increase the presenter said was up from about $9.1 million the prior year. The staff member said the additional revenue increased operating receipts when the figure was split between operating and debt service.

On the expenditure side, the presenter listed several adjustments: grant lines that no longer exist were closed or adjusted; personnel changes required grant budget modifications; transportation expense lines rose under the new contract with STA; substitute services and elementary‑level substitute costs increased for 2024–25; and water and sewer budgets were raised. The presenter also said the district established new accounts for AP testing at the high‑school level after those costs had previously been paid from ESSER (Elementary and Secondary School Emergency Relief) funds.

No motion or vote on the amendment is recorded in the provided transcript excerpt; the item was presented as a staff update. The staff member noted the County Stock Insurance line can fluctuate annually and is typically discussed at the board’s October meeting. The presentation did not specify whether the amendment requires subsequent approval steps or list exact line‑by‑line dollar changes beyond the insurance revenue figures cited.

Board members did not record formal directions or a vote in the excerpt provided.