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Tempe board approves revised FY 2023–24 annual financial report to capture unused grant funds

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Summary

The governing board on Jan. 22 approved a revision to the district’s FY 2023–24 annual financial report to move roughly $300,000 in preschool grant expenses and about $29,000 in software-license coding items into grant accounting, increasing community education cash by about $220,000 and carryforward at one site by about $80,000.

The Tempe School District governing board on Jan. 22 approved a revision to the FY 2023–24 annual financial report (AFR) to reallocate unspent or miscoded grant dollars.

Mr. Thompson explained staff discovered remaining preschool grant funds (about $300,000) and a coding issue on roughly $29,000 in…

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