Board approves Budget Amendment No. 2 adding grant revenues, adjusting for insurance and furniture purchases
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Summary
The Jefferson City School Board unanimously approved Budget Amendment No. 2, which adds one federal and one state grant revenue line, adjusts for higher state revenues, lowers projected Prop C sales tax receipts slightly, and adds expense lines for grants, higher property/liability insurance and furniture not included in the bond.
The Jefferson City School Board approved Budget Amendment No. 2 after a brief presentation by district staff that described revenue and expenditure adjustments.
Sherry (presenting staff) told the board the amendment adds revenue lines for one federal grant and one state grant the district had applied for and received, and adjusts other state revenue estimates. She said Prop C sales-tax receipts were trending down slightly and the amendment accounts for that change. On the expenditure side, Sherry said the amendment adds corresponding expense lines for the new grants, accounts for an increase in property and liability insurance, and records furniture purchases that were not included in the bond issue.
A board member moved approval; after a second the board voted by voice. The board chair called for "aye" and then asked for any "nay"; no nays were recorded and the chair said the amendment was approved.
Ending: The board accepted the amendment as presented; staff did not provide dollar totals in the meeting packet during the verbal presentation but indicated the changes included grant revenues and the listed expense adjustments.
