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Board approves $2.08 million in school carryover spending and categorical transfers
Summary
Supervisors approved reappropriation of FY2024 carryover funds for Prince George County Public Schools and passed categorical transfers totaling $338,479.13.
The Prince George County Board of Supervisors voted Wednesday to appropriate just over $2,082,000 of audited FY2024 school carryover funds for the public school division and to approve school-requested categorical transfers totaling $338,479.13.
Why it matters: The carryover appropriation allows Prince George County Public Schools to complete planned capital purchases and address near-term maintenance and equipment needs without borrowing, and keeps the county’s audited fund-balance well above its 15% target.
County finance staff…
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