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Board approves tentative amended FY25 budget; district to publish for 30‑day public review
Summary
The Board approved a tentative amended fiscal‑year 2025 budget with line changes to operations, debt and capital funds, including a $200,000 transfer for building automation down payment and a $125,000 increase for asbestos and site work; the budget will be posted for a 30‑day public comment period.
The Richland County CUSD 1 Board voted to approve a tentative amended fiscal‑year 2025 budget and to post it for the required 30‑day public review, with a final adoption scheduled for the June board meeting.
Administrators summarized adjustments across several funds. In the Operations and Maintenance fund (Fund 20) the board increased purchase services expense by $200,000 to cover a down payment for an automation control system in a building; the estimated fund balance for Fund 20 at June 30 was revised from $3,113,306 to $2,913,306. For fund changes tied to refinancing, a $35,000 cost related to refinance expenses was recorded in the debt fund. The Transportation fund increased vehicle purchase expense by $60,000 to cover a replacement truck following a theft; the fund balance projection changed from $985,048 to $925,048. Capital projects (Fund 60) increased site construction purchase services by $125,000 to cover asbestos inspections, asbestos abatement and demolition related to the RCMS light project, changing the fund balance from $788,348 to $663,348.
Process and timeline: the board approved the tentative amended budget and will post it for 30 days; a public hearing and final vote on the amended budget will occur at the June 26 board meeting.
Why it matters: the changes adjust fund balances and approve near‑term spending commitments for facilities and operational needs, including automation controls and asbestos remediation related to capital projects.
Board members voted unanimously to approve the tentative amended FY25 budget and moved forward with the public posting and scheduled hearing.
