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APS finance committee approves consent agenda including $11.7M in transfers and multiple $500,000+ purchases
Summary
The Albuquerque Public Schools Board of Education Finance Committee voted unanimously April 23 to approve a consent agenda that bundled grant and noncategorical fund transfers, disposal of technology equipment totaling $1,307,400.15 and several planned purchases or services each exceeding $500,000.
The Albuquerque Public Schools Board of Education Finance Committee voted unanimously April 23 to approve a consent agenda that bundled grant budget transfers, intra- and interfunction transfers for noncategorical funds, disposal of equipment and furniture, several district purchases each exceeding $500,000 and the March 2025 cash disbursements.
The consent agenda included $11,700,000 in operational transfers, $48,000 in transportation funds, $761,000 in transportation enterprise funds, $3,000 in facility enterprise funds, $57,000 in athletic funds, $5,300,000 in capital funds, and $1,000,000 in the self-insurance reserve; technology marked for disposal totaling $1,307,400.15; and multiple planned purchases or services priced at $500,000 or more, including electrical services, firewalls and network equipment, on-call HVAC services, a multi-year purchase of high-quality eBooks and audiobooks from OverDrive for all grade levels, a district device refresh, a new GPS system for school bus transportation to replace an 11-year-old platform, and external financial auditing services.
Why it matters: the package moves routine budget alignments and…
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