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Board authorizes short-term transfers to food-service fund if federal reimbursements are delayed
Summary
The Greencastle-Antrim board authorized the chief financial officer to make temporary transfers to the food-service fund should federal reimbursements be delayed; board members emphasized the authority is intended as a short-term stopgap and that any long-term shortfalls would require broader financial review.
Greencastle — The Greencastle-Antrim School District Board on Feb. 6 voted to authorize the district chief financial officer to make temporary transfers from the general fund to the food-service fund in the event federal reimbursements are delayed.
Why it matters: Federal reimbursements for school meals represent a significant revenue stream for food services. The board said the transfer authority…
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