Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Silver Falls board suspends reserve rule, approves transfers to eliminate multi‑year deficits and adopts 2025–26 budget
Summary
The Silver Falls School District Board voted to suspend policy DBDB for one year, approve $1,096,000 in intra‑budget transfers to eliminate multi‑year unstructured deficits and adopt the 2025–26 budget in a unanimous vote Monday night.
The Silver Falls School District Board voted Monday to suspend its reserve policy DBDB for one year, approve a package of intra‑budget transfers intended to clear multi‑year unstructured deficits and adopt the 2025–26 budget. The motions passed unanimously.
Board Chair Phil Wiesner opened the discussion and the board moved, seconded and approved a one‑year suspension of policy DBDB before considering the budget. “We should suspend it again before we adopt this budget tonight,” Wiesner said during the discussion.
Why it matters: Finance staff said the transfers reallocate money within the current 2024–25 budget to eliminate several rolling deficits (food service, Medicaid reimbursements, facility rentals) and to avoid carrying unstructured negative balances into the new fiscal year. Director of Finance Kim Lisonbee…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
