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Board funds Centralized Financial Services department, approves reserve transfer
Summary
The board approved appropriation of school funds to a new Centralized Financial Services department and transferred $251,000.50 from county reserves to cover staffing and operational needs; staff said the department cost is about $831,000 with the school contributing roughly half.
The Essex County Board of Supervisors voted to appropriate funds and transfer reserves to finalize funding for a newly established Centralized Financial Services department.
The board approved an appropriation of $410,092 (school contribution shown in packet) to support staffing and operations for the centralized service, and subsequently approved a motion to transfer $251,000.50 from county reserves to…
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