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Broward school board approves $20 million transfer from capital reserve to pay bus drivers
Summary
At a special meeting the School Board of Broward County, Florida approved an amendment to transfer $20 million from the capital reserve to the general fund to cover current bus driver salaries for fiscal year 2024–25; board members cited Florida Statute 1011.71 as authorizing the transfer and the change does not alter the district—s tax rate.
The School Board of Broward County, Florida at a special meeting approved an amendment to the district budget that moves $20,000,000 from the capital reserve to the general fund to pay current bus driver salaries for the fiscal year beginning July 1, 2024, and ending June 30, 2025.
"The increased capital transfer to the general fund is $20,000,000, from $168,000,000 to $188,000,000," said Dr. Hepburn, superintendent, describing the amendment and noting the…
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