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Board approves second budget amendment; state‑funded paid parental leave increased and $6,300 local transfer made
Summary
The board approved two budget amendments: an increase in state‑funded paid parental leave and a $6,300 transfer from transportation services to classroom teachers in the local budget; officials said additional amendments may appear in August because of late invoices.
Lexington, N.C. — The Lexington City School Board on July 15 approved the district's second budget amendment for the 2024–25 year, increasing funding for state‑funded paid parental leave and transferring $6,300 from transportation services to classroom teachers in the local budget.
The finance presenter said the paid‑parental‑leave increase is recorded in the state fund and represents benefit dollars provided by the state. The local amendment shifts $6,300 from the transportation services account to classroom‑teacher funding. The presenter told the board late invoices for services provided in the 2024–25 fiscal year may require additional amendments at the August meeting.
Why it matters: Budget amendments reallocate and recognize funds that allow the district to close the fiscal year and ensure pay and services are covered.
Motion and outcome: A board member moved to approve the 2024–25 budget amendments; Miss Verdell seconded. The motion carried.
Details: The finance presenter said the district closed the fiscal year on July 4 and would present any final amendments at the August meeting. The $6,300 transfer was characterized as an internal reallocation to cover classroom needs, and the paid parental leave adjustment reflects state‑provided benefit funding rather than a new local expenditure.
