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Finance committee reviews nutrition services budget and internal service fund rules
Summary
Members of the Bridgeport School District finance committee discussed the food and nutrition program's budget, the district's internal service fund for nutrition equipment and repairs, and how surpluses and purchases are tracked and approved.
The Bridgeport School District finance committee on March 3 discussed the food and nutrition program's current-year budget and a requested increase for next year, and clarified how the program's internal service fund may be used.
Committee members were told the nutrition program's current-year revenues and expenditures are roughly $25 million and that the program has requested about $26 million for the coming year. Finance staff emphasized that any year-end surplus from the program must remain in the nutrition internal service fund and be used only for food-service purposes such as replacing coolers, freezers or trucks, not for general district operating…
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