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Board considered transferring 2024–25 excess ending balance to building fund

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Summary

The board discussed authorizing district officials to transfer any 2024–25 ending net legal balance that exceeds 20% into the building fund; the transfer amount will be calculated after year-end close.

The Huntsville School District considered a routine authorization to transfer any 2024–25 ending net legal balance that exceeds 20% of the fund to the district’s building fund.

The…

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