Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Finance committee: FY25 year‑end, fund transfers and Act 1 resolution sent to board
Summary
The finance committee reviewed year‑end FY25 estimates and proposed an Act 1 resolution to certify intent to stay within a 4.6% adjusted index; the resolution will go to the board for a vote in two weeks.
The finance committee reviewed year‑end estimates, fund‑balance allocations and early planning for fiscal 2027. Mr. Statler, the district’s business operations manager, said the FY25 estimated net change in fund balance is roughly $305,724, but that figure includes two one‑time transfers: a $3,000,000 transfer into capital reserve for athletic facilities and $760,473 moved from an Old Bel Air enterprise fund into general fund.
Excluding those…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
