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Galena School Board approves a series of fund transfers tied to $31 million high-school project; budget hearing set for Sept. 17
Summary
The Galena School Board approved multiple interfund transfers and several related resolutions to move money into the GHS construction fund and set the FY26 tentative-budget hearing for Sept. 17. Board members said transfers are needed because of fund restrictions and project timing.
The Galena School Board on Wednesday approved a set of fund-transfer resolutions designed to move restricted balances into the construction account for the Galena High School (GHS) building project, and confirmed a tentative public hearing date for the district's FY26 budget.
Board members and staff said the GHS construction project totals about $31,000,000, of which $14.2 million "is from a voter supported referendum," according to the finance presentation. The transfers are intended to reallocate restricted funds into the capital projects account so the district can complete construction work scheduled as part of the high-school project.
At a public…
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