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Board approves transfer of appropriations across capital and special revenue funds; one member votes no

May 28, 2025 | Redmond SD 2J, School Districts, Oregon


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Board approves transfer of appropriations across capital and special revenue funds; one member votes no
The Redmond School District 2J board approved Resolution 25:198 to transfer appropriations among multiple major funds, including the capital projects fund and several special revenue funds, to align budget appropriations with projected expenditures for fiscal year 2024–25.

Kathy (district finance staff) explained the adjustments are routine end‑of‑year amendments after updated projections: $200,000 would move from contingency into facilities acquisition and construction services to cover 2021 bond project spending that exceeded original estimates; nutrition services needed an appropriation transfer supported by higher revenues; asset replacement transfers were requested to fund a concession‑stand container project at Jaqua (Jay) Fields; and grants and fee‑supported program appropriations were adjusted to align staffing and activities with current year costs.

Kathy said contingency is fund balance placeholder and moving appropriations out of contingency requires board approval. She noted the concession‑stand containers were procured but permits delayed installation and that the district would post bond oversight information online. The board approved the resolution; the roll call vote was recorded as passing with one nay (Board member Carrie). The finance adjustments will be reflected in the revised budget appropriation documents.

Board members asked follow‑up questions about the concession‑stand funding source and the timeline for bond oversight reporting; staff said the underlying funding for the concession work came from proceeds of previously sold property and that oversight committee minutes will be made available online.

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Scribe from Workplace AI
Scribe from Workplace AI