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Moorhead board backs MSBA resolution seeking flexibility to reallocate long‑term facilities funds
Summary
The board approved submitting a legislative resolution to MSBA asking for statutory flexibility to transfer certain LTFM funds into other district priorities after maintaining minimum fund balances; staff said transfers would occur after fiscal‑year close with auditor confirmation.
The Moorhead Area Public Schools board voted Sept. 8 to submit a proposed legislative resolution to the Minnesota School Boards Association delegate assembly asking for expanded flexibility to reallocate dollars in long-term facilities maintenance (LTFM) and related funds.
Superintendent Doctor Lunick presented a four‑year projection showing dollars that could be available to transfer after meeting minimum fund‑balance protections. He described an approach that…
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