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Board approves $526 in line-item transfers and $11,520 unexpended-balance expenditure for superintendent search; finance update shows modest surplus
Summary
The board approved housekeeping transfers totaling $526 and an $11,520 expenditure for superintendent-search consulting; finance staff reported a modest January surplus and highlighted budget pressures from health-insurance costs and special-education transport.
MIDDLETOWN — At its Feb. 10 meeting the Middletown Board of Education approved small line-item transfers and an unexpended-balance expenditure, and finance staff briefed the board on the district’s budget position.
Natalie, who presented the financial report, said the district showed a modest surplus for January. The figures presented were a $297,706 surplus (described in the meeting as 0.28% of a $103,149,889 total budget). The finance presentation listed a projected combined salary surplus…
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