Solon City Board approves end-of-year transfers, advances and temporary 2026 appropriations

The Solon City Board of Education on June 30 approved final fiscal-year transfers and advances, a modest revision to fiscal 2025 appropriations and temporary appropriations for fiscal 2026.

The action included a recommendation to transfer $2,000,000 from the general fund to district funds including the food service fund and to authorize advances totaling $210,000 to federal grant funds, both measures presented during the treasurer’s report and approved by the board.

The revisions adopted tie out the district’s final FY25 budget. The treasurer said the FY25 amendment netted to about $175,000 (a little under $176,000), largely to increase appropriations in the 200 fund (student activities). The board approved temporary appropriations for FY26 of $111,303,491.19; the treasurer said the district’s amended permanent appropriations for FY25 ended at $133,924,491.19.

Board members moved and seconded each item and recorded yes votes on the roll call for the measures. The treasurer explained that advances to federal grants are standard because those grants are reimbursable — the district spends funds first and is later reimbursed, at which point advances are repaid to the general fund.

The board also approved a “then and now” purchase order for $7,500 tied to a safety and security training grant so the purchase could be started pending formal purchase-order paperwork.

Why it matters: passing temporary appropriations lets district staff issue purchase orders at the start of the new fiscal year (July 1). Final transfers and the FY25 appropriation amendment were presented and approved to ensure the district’s books are ready for audit and to avoid budgetary citations.

Discussion, directions and decisions

Discussion: The treasurer explained the timing rationale for holding the closeout meeting on the last business day of the fiscal year so actual activity posts before finalizing transfers and appropriations. Board members asked routine procedural questions.

Direction: The treasurer will submit permanent appropriation figures by the September deadline; she indicated the permanent appropriations will largely mirror the temporary appropriations just approved.

Decision: Board approval — motions were moved, seconded and approved by roll call for transfers, advances, revised appropriations and temporary appropriations.

Ending: The approvals completed the district’s fiscal-year closeout business and established the temporary budget needed to begin FY26 operations.