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Board authorizes $5.9 million transfer to cover school nutrition deficit
Summary
District financial staff reported a $5.9 million projected deficit in the school nutrition fund and the board approved an operating transfer of $5.9 million from the general fund to prevent a deficit for fiscal year 2025.
The Savannah Chatham County Board of Education approved an operating transfer of $5,900,000 from the general fund to the School Nutrition Fund (Fund 600) on Aug. 13 after district financial staff reported the fund was showing a net loss for the fiscal year that ended June 30.
Finance staff told the board that Fund 600 was currently showing a net loss of $5.9 million and that additional year‑end entries could post during closing; the transfer would prevent a fund balance deficit. Staff said the shortfall reflected…
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