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Pitt County Schools board approves $6.4 million state fund increase and discloses special‑education settlement
Summary
The Pitt County Schools Board of Education approved Budget Amendment No. 2, increasing several state, local and federal fund lines and authorizing accounting entries for capital lease reporting; the board also disclosed a confidential special‑education settlement that included $5,296.62 in attorney fees.
At its meeting, the Pitt County Schools Board of Education approved Budget Amendment No. 2, which increases the district’s amended budget and authorizes accounting entries tied to capital lease reporting, and disclosed the settlement of a claim related to delivery of exceptional‑child (EC) services.
The board’s finance presenter, identified in the meeting as Mike (staff member), told the board the district’s total amended budget stands at about $359,000,000 and that state funding comprises the largest share of that total. Mike said the amendment increases the state fund by about $6,417,000 to a state fund total reported as $205,586,444.10 and shows increases across several program lines, including instructional services, exceptional children and a safety and security grant.
Why it matters: the amendment reallocates or increases available budget authority across state, local, federal and special revenue funds, and includes capital outlay entries to record lease or subscription purchases required by governmental accounting standards.
Details of the amendment and key figures - Total amended budget (all funds):…
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