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School board approves year-end budget amendments to align grants and return committed funds
Summary
Madison County School Board approved several year-end budget amendments to reconcile the district's records (ePlan and Munis), correct revenue codes, and return committed grant balances to their originating cost centers; none of the amendments drew on the uncommitted fund balance, the board was told.
The Madison County School Board approved multiple year-end budget amendments to align grant records and close out fiscal accounts, district staff told trustees during the meeting.
Board member Jason Compton told the board the amendments, which correct accounting codes and reconcile the district's ePlan and Munis systems, will not draw on the uncommitted fund balance. "None of them are drawing on fund balance," Compton said while…
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