Board approves Budget Amendment No. 1, adding state and federal allocations
Summary
Trustees unanimously adopted Budget Amendment No. 1, which records about $2.07 million in additional state funds and $3.73 million in federal grant adjustments and reallocations across PRCs including reading bonuses and IDEA true-ups.
The Craven County Board of Education unanimously approved Budget Amendment No. 1 during its Jan. 27 work session, accepting a set of state and federal adjustments and other restricted‑fund increases.
Ms. Daley, presenting the amendment, said the State Public School Fund increased by $2,073,008.20 with allocations affecting PRCs including family/military counselor positions, third‑grade reading bonuses (PRC 46, $71,000), fourth‑through‑eighth‑grade math and literacy bonuses (PRC 48, $165,000), and children‑with‑disabilities allotments (PRC 63, $349,006.50). Federal grant receipts rose by $3,734,009.73, driven in part by IDEA allocations of about $3,000,001.74 (two approvals) that arrived after the initial planning allotment.
Daley also noted an $835,974 increase in other restricted funds (collections from school activity fees, facility rentals and reimbursements), donations including a $35,000 CTE grant and a $25,000 Bosch grant, and a $572,000 School Resource Officer (SRO) payment that is now issued directly as a check rather than routed through the state. She said some smaller adjustments reflect p‑card reimbursements and student activity accounts.
Trustees asked for additional detail on federal funding uses ahead of the Jan. 27 budget session; Ms. Daley agreed to provide a more detailed breakdown of what the federal funds will pay for. After discussion, Miss Speese moved to approve the amendment, Miss Davis seconded and the board approved the amendment by a 7–0 vote.
The amendment updates the district’s revenue and expense tables and will appear in the next formal budget documents.
