Aberdeen School Board approves interfund transfers, $105,000 contingency transfer and second readings of multiple policies

The Aberdeen School District 06-1 Board of Education approved multiple budget transfers and the second reading of several policy changes at its June 23 meeting, voting in voice to enact an $800,000 transfer from the capital outlay fund to the general fund, a roughly $528,000 transfer from the bond redemption fund to the general fund, and a $105,000 contingency transfer into the general fund to adopt a supplemental budget.

The measures were presented during the superintendent's reports. Dr. Guffin, superintendent, opened the budget discussion. Mikaela, a district staff member who presented the budget detail, said, "The transfer from Capital LA to general fund was already budgeted. That's $800,000. So now we just have to approve the actual transfer of those funds." She also explained the $528,000 transfer from the bond redemption fund reflected remaining net assets in that fund after the final CHS bond payment.

The supplemental budget included several function-specific adjustments, Mikaela said. Among the items she listed were a $105,000 transfer from contingency to cover increases; a $50,000 supplement for the middle school function and $640,000 for the high school function (offset by miscellaneous revenue); a $945,000 increase to technology to purchase iPads earlier than planned; and adjustments to special…