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Lenoir County board approves interim budget resolution, budget amendment, vendor rollovers and personnel report
Summary
The board approved an interim budget resolution to continue operations, adopted budget amendment No. 4 to adjust state, federal and local accounts, approved child-nutrition vendor rollovers, an out-of-state student trip and accepted a personnel report after a closed session.
The Lenoir County Board of Education voted to approve an interim budget resolution to carry operations into the 2014'15 fiscal year, adopted budget amendment No. 4 to reconcile year-end receipts and expenditures, approved child nutrition vendor rollovers and an out-of-state student trip, and accepted a personnel report amended in closed session.
Ms. Davis, the district finance presenter, said the financial report reflected year-to-date activity through June 26, 2014, and that the reported fund balance was "before any year end adjustments are processed." She said receipts arriving the following Monday would be posted in the fiscal year and that the interim budget would permit operations to continue until the board adopts a formal budget. The interim budget was prepared by taking…
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