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Schools to move grant activity to new fund; one grant already cut, five positions affected
Summary
Spotsylvania Schools plan to move grant-related revenues and expenditures into a separate School Grant Fund for transparency; staff said about 6,300 of 26,000 operating fund accounts are grant-related and that one $520,000 research grant was eliminated Feb. 10, affecting five positions to be absorbed by June 30.
Spotsylvania County schools officials told the board they plan to create a School Grant Fund to segregate federal, state and local grant revenues and expenditures from the schools’ main operating fund.
Mr. Trayer, speaking for the schools, said the schools currently maintain about 26,000 accounts in the main operating fund, of which roughly 6,300 are grant-related. "What we're…
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