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Cabarrus schools add $300,000 fund balance cushion as district works with DPI on data mismatch
Summary
The Cabarrus County Board of Education approved a $300,000 increase to a special revenue fund appropriation after staff flagged unresolved data reconciliation issues between the district's LINC software and the North Carolina Department of Public Instruction (DPI).
The Cabarrus County Board of Education on Monday approved a $300,000 increase to the district's Fund 8 fund-balance appropriation to cover potential post-close adjustments tied to a data mismatch between the district's vendor LINC and the North Carolina Department of Public Instruction.
Board members voted to approve the closing budget amendment after district staff said the additional appropriation is a precaution while the district and DPI work line-by-line to reconcile student data files.
District financial…
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