The Alexander County Board of Education voted unanimously on Nov. 10 to approve two budget amendments related to state funding and capital outlay.
Sharon Mahaffey, Alexander County Schools' chief financial officer, presented the amendments and asked the board to approve them. "I ask for approval for these 2 amendments," Mahaffey said. The first amendment adds $194,299 to the State Public School Fund, bringing that fund to $36,849,546. The second adds $39,219 to the Capital Outlay Fund, bringing that budget to $3,198,496; Mahaffey said the entry records state lease-purchase payments for buses.
Why it matters: accepting these amendments adjusts the district's recorded revenues and appropriations to reflect state actions and the bookkeeping for bus leases. Board members did not request additional detail during the public meeting; the vote carried unanimously.
What happened next: Vice Chairman Degenhardt moved for approval and the motion was seconded; the board voted 'aye' and the chair declared the motion carried. No further action or study was requested at the meeting.
Provenance: topicintro SEG 221, topfinish SEG 248