The Lexington City Council unanimously approved a resolution authorizing the Lexington City School Board to appropriate $8,000 from its reserve for future capital needs for improvements to the school board office.
Finance Director Jennifer Veil told council the school board had requested permission to use the funds and that the district’s projected FY25 reserves are about $1 million. “If this request is approved tonight, they'll go ahead and order the cabinets, and then they'll replenish that reserve fund when I do the FY25 closeout, again, if council approves,” Veil said. She added the action is best done by resolution, which was included in the meeting packet.
A council member moved to approve Resolution 2025‑11 authorizing the appropriation; the motion was seconded and the roll call vote was unanimous.
Why it matters: the appropriation permits a modest, one‑time use of the school board’s capital reserve for facility improvements and will be reconciled in the FY25 closeout.
Less critical details: Veil said the school board’s reserve balance is projected at roughly $1 million and that ordering the cabinets will proceed immediately upon council approval.