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Administration to ask board next week to transfer $2.45 million into capital reserve
2102714 · January 10, 2025
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Summary
Administration told the board it will ask for approval on Jan. 16 to transfer $2,450,000 into the capital reserve—$2,000,000 representing excess state funding above budget expectations and $450,000 planned capital funding.
District finance staff told the board Jan. 9 that on Jan. 16 they will ask the board to approve a transfer of $2,450,000 into the district’s capital reserve fund. The package includes $2,000,000 that the district…
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