Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Board approves February budget transfers; finance staff outline options for year-end surplus and a non-lapsing account
Summary
The board approved two budget transfers for special-education consultant services and lost tuition revenue, and finance staff outlined a projected positive balance and options for year-end use of surplus funds including pre-purchases or establishment of a non-lapsing account under new state law.
The Darien Board of Education approved proposed budget transfers for February and discussed options for any projected year-end surplus at its March 26 meeting.
Finance director Rich reported the district's forecast through February showed a projected positive balance of $462,859. Major drivers included an increase in state excess-cost reimbursement following the governor's action to add $40 million to that…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
