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Cumberland County Schools committees approve budget amendments after board hears 1,242-student enrollment drop
Summary
Finance staff presented budget amendments and warned average daily membership fell 2.57% (1,242 students), reducing next year's state funding; the committee approved amendments and staff outlined how carryover grants and Fund 8 accounting will be handled pending the external auditor's report.
Cumberland County Schools finance staff presented several budget amendments to committee members and described how the district will reconcile state and federal allotments with actual receipts. The committee approved the amendments after staff said many changes reflect carryover grant balances that will be moved into Fund 8, the district's special revenue fund, once…
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