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Board approves fund-balance transfers, vendor adjustments and adopts electronic-device policy second reading
Summary
The board approved motions to allow a potential transfer from fund balance or to move money into reserves depending on year-end numbers, reported vendor contract reductions and adopted a second reading of the district’s electronic-devices (cell phone) policy.
The Haddon Township Board of Education voted May 15 to place two financing items on the record to preserve options at year-end: a transfer from fund balance if state extraordinary aid falls short, or a transfer into reserve if the district has excess funds.
Jen, a district staff member who addressed the board during the finance items, said administrators included both options because the district does not yet know…
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