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Board approves budget amendment increasing appropriations; fund balance projected at about $11.95 million

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Summary

The board approved Budget Amendment No. 1, which adjusts multiple funds and appropriations, increases certain capital and operating allocations, and leaves an estimated post-amendment fund balance of about $11.95 million.

The Wayne County Board of Education approved Budget Amendment No. 1, which adjusts appropriations across multiple funds, increases selected capital and operational line items and appropriates fund-balance amounts carried forward from the prior fiscal year.

A finance staff presentation detailed the totals: "The total of all the funding sources equate to…

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