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Committee approves budget amendment to cover higher charter-school payments
Summary
The budget-finance committee approved an amendment to close out last year’s accounts after higher-than-projected local revenues increased the district’s charter-school pass-through payments.
The Cumberland County Board of Education budget-finance committee approved a budget amendment to reconcile last year’s accounts after local revenue upticks increased the amount owed to charter schools, staff said.
What the committee approved: Staff presented an amendment to increase payments to charter schools to reflect higher-than-projected local revenues, including county appropriation, fines and forfeitures, interest income and fees. “We had a couple upticks in some of…
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