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Board approves $1.8 million use of fund balance for building repairs, HVAC and site work
Summary
The Board of Education approved a categorical budget amendment to use $1.8 million in unassigned fund balance for capital and facilities work across district schools, including roof, HVAC, chiller and septic repairs; board moved and carried the amendment at the meeting.
The St. Mary's County Board of Education voted Wednesday to approve a categorical amendment to the FY2026 budget that uses $1.8 million of unassigned fund balance for school and facilities projects.
Board members moved to increase revenues by $1.8 million to reflect the use of fund balance and to increase capital outlay and operations appropriations to allow a $1.7 million transfer to the capital improvement program (CIP) and $112,000 for operations. The motion, read…
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