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School finance staff present three budget transfers; committee approves revolving-account baselines
Summary
Interim finance director Gail Dowd briefed the committee on three transfers — central office substitutes and PD, bringing an 18–22 program in-house (moving funds from tuition to salaries), and moving a STEM FTE to Amazon-funded line — and the committee approved FY26 revolving-account budgets.
Gail Dowd, interim financial director, told the School Committee on Aug. 28 that staff recommended three housekeeping budget transfers to align appropriation lines ahead of the school year. "We are proposing it's a total of slightly over $35,000 that we are going to tap into funds we had set aside for district wide substitutes for various professional development opportunities," Dowd said, explaining the first transfer…
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