Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the School Budget topic
No spam. Unsubscribe anytime.
Board approves multiple budget amendments and federal grant revisions
Summary
Trustees approved several budget amendments across the general fund and federal program funds, payroll revisions and the district financial report for January–February 2025.
At its March 3 meeting the Lincoln County School Board approved a series of budget amendments across the general purpose school fund (141) and federal program funds (142), plus the district financial reports for the January–February 2025 period.
Finance staff presented amendments the board was asked to approve for the 141 general-purpose fund, including reclassification of revenue and expenditures tied to state funding supplements and payroll estimate adjustments. The packet listed line items including $59,350 for payroll-related adjustments, $89,236.93 for laptop fees reallocation, and $8,384 to correct a CTE/ISM grant budget. Finance staff said payroll estimate changes were intended to prevent overages later in the fiscal year.
Board members questioned the source of funds for a director salary line that would pay two positions while transitions occur; staff replied these adjustments draw on existing payroll lines for teachers that have unspent balances. Margaret Campbell and a staff presenter explained the district begins monthly amendments in March to tighten payroll estimates ahead of year-end.
The board also approved multiple federal grant E-Plan budget revisions on Title I, Title II, Title III, IDEA and Perkins listed in the packet. Trustees moved and approved each amendment by voice vote.
Board members approved the district financial statements for funds 141, 142, 143 and 146 covering activity through February 25, 2025. Finance staff said the reports will continue to be refined as the district closes the fiscal year.
