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Stow‑Munroe Falls board approves final FY2025 and FY2026 appropriations and OKs transfers to cover athletics and Field House shortfalls
Summary
At a June 30 special meeting the Stow‑Munroe Falls City School District Board approved final FY2025 appropriations and FY2026 permanent appropriations and authorized transfers totaling two separate relief amounts — $150,037.12 to Athletics and $175,749.78 to the Field House — to cover negative fund balances.
The Stow‑Munroe Falls City School District Board of Education on June 30 adopted final appropriations for FY2025 and permanent appropriations for FY2026 and voted to transfer funds from the General Fund to make two activity funds whole.
Patrick Gallano, who presented the budget items, said the final‑appropriations figures reflect the maximum the district may spend in each fund and are shown at the fund level. He recommended approval of FY2025 final appropriations and the FY2026 permanent appropriations, which the board approved on roll call unanimously.
Gallano then asked the board to approve transfers to eliminate negative year‑end balances in two…
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