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Blackhawk School Board hears improved budget forecast and plans $1.9M capital transfer; Act 1 resolution set for vote
Summary
Finance staff told the board their preliminary forecast narrowed a projected $1.7M deficit to about $715,000, proposed transferring $1.9M from health accounts into a new capital projects fund, and scheduled an Act 1 resolution for the Jan. 16 voting session.
At its Jan. 9 work session, the Blackhawk School Board of Directors was told the district’s preliminary 2024–25 forecast has improved but still requires planning: finance staff reported a roughly $715,000 projected deficit, down from an earlier $1.7 million projection, and outlined a recommended $1.9 million transfer from health accounts into a new capital projects fund to begin addressing aging facilities.
“A transfer of funds from those health accounts…we’re coming in around $715,000 deficit,” said Aaron, the…
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