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Harmony Public Schools board approves second 2024–25 budget amendment, reports $9.48 million positive change
Summary
The Harmony Public Schools Board approved its second budget amendment for fiscal 2024–25 on March 22, citing a $9.48 million overall positive change in net assets driven by grant and donation accounting changes and offsets for reduced state aid.
The Harmony Public Schools Board of Trustees on March 22 approved a second amendment to the district's 2024–25 budget, with staff reporting an overall positive change in net assets of about $9,480,000 for the fiscal year.
Board President opened the meeting and, after discussion in the finance committee, called for a motion to approve the amendment; a motion was made and seconded and the amendment was approved. No individual roll-call votes were read into the record for this item.
The district's finance presenter told the board the quarter-two figures (Oct. 1'Dec. 31) show a $2.7 million reduction in state aid tied to changes in average…
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