Audit and Finance committee moves reallocation items forward, explains legal limits on phase‑4 sales-tax funds

The Audit and Finance Committee reported to the Committee of the Whole that it advanced several reallocation proposals to the full board and reiterated statutory limits on using phase‑4 education capital‑improvement sales‑tax funds, saying those revenues may be used for projects specifically named in the phase‑4 referendum or for capital maintenance but not for new building additions that were not listed.

That clarification matters because community members and trustees asked whether leftover or reallocated phase‑4 funds could pay for additions such as a multipurpose‑room extension at Frierson Elementary; staff said state law and Department of Revenue rules restrict how the district may reassign those dollars.

Committee chair Mrs. Watley told trustees the Audit and Finance Committee had considered multiple reallocation proposals, including a D4 stadium turf project and classroom expansion requests such as trailers…