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Board closes Lake Grove Swim Park budget hearing, approves appropriation transfers
Summary
The Lake Oswego School District closed the Lake Grove Swim Park budget hearing with no public comment and approved a resolution to transfer appropriation authority within the swim park's 2024–25 budget to cover June spending.
The board closed the public hearing for the Lake Grove Swim Park budget at 6:14 p.m. after hearing no public comment and later approved a resolution to transfer appropriation authority within the Lake Grove Swim Park 2024–25 budget.
District finance staff said the swim-park budget totals roughly $350,000 for the fiscal year and that the requested transfers are necessary to ensure appropriation limits are not exceeded by spending that typically occurs in June. "While the numbers on a relative basis to the district budget are small…these are not small numbers," the presenter said, urging the board to approve housekeeping transfers so the swim-park accounts can cover activity before the fiscal year ends.
The board approved the appropriation transfer resolution; finance staff said a second budget housekeeping resolution for the district general budget is likely to appear at the June 30 meeting when the board adopts the 2025–26 budgets.
