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Finance committee recommends board approve $311 million in FY24 unencumbered carry‑forwards
Summary
The Utah State Board of Education finance committee reviewed proposed spend plans for unencumbered FY24 carry‑forward balances over $100,000 across agency sections and unanimously recommended the board approve the plans.
SALT LAKE CITY — The Utah State Board of Education (USBE) finance committee on Sept. 22 recommended that the board approve spend plans for unencumbered fiscal year 2024 carry‑forward balances totaling the agency’s reported amounts above $100,000.
The recommendation follows section‑by‑section presentations from USBE program leaders that identified how remaining, non‑encumbered balances would be used. Deputy Superintendent Miles Jones told the committee the recommended action is “that the finance committee recommend the plans for expenditure of balances that are above a $100,000.”
Why it matters: Carry‑forward balances represent unspent,…
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