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District finance chief presents Budget Amendment/Transfer No. 8 totaling $165,546.69, 0.02% of budget

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Summary

Thomas Kranz, the district chief financial officer, reported a budget amendment and transfers totaling $165,546.69 that increase the district appropriation from $816,972,787 to $817,138,328 (a 0.02% change). The board received the explanation that these routine adjustments reflect new revenue recognition and reallocations between budget lines; no

Thomas Kranz, chief financial officer for Winston‑Salem/Forsyth County Schools, presented Budget Amendment and Transfer No. 8 at the Board of Education meeting on March 4, describing routine adjustments that together total $165,546.69.

Kranz said the amendment increases the district’s total appropriated budget from $816,972,787 to $817,138,328 — an…

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