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Board moves surplus to unexpended account ahead of fall budgeting
Summary
The board approved transferring a reported surplus—discussed in the meeting as approximately $575,379—into an unexpended account to preserve funds for the coming fiscal year and potential allocations such as the track project.
The board approved a year-end budget adjustment moving the district’s reported surplus into an unexpended account for use in the coming fiscal year.
Business officer (name appears variably in the transcript) presented an updated memo noting a late reimbursement that increased the district surplus to approximately $575,379 and said the updated surplus represents roughly 1.5% of the budget. The board then moved to transfer the surplus into the unexpended account. The motion was made, seconded and approved by voice vote.
Board members asked for the 25–26 fiscal-year preview to be presented at the next meeting. The business officer also noted an operational change underway linking student lunch balances to PowerSchool.
