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MSD Lawrence Township board approves routine fund transfer, honors retiring leaders and hears facilities update
Summary
At a recent MSD Lawrence Township Board of Education meeting, the board approved its twice-yearly transfer of funds between education and operations accounts, recognized longtime board member Wendy Mustin and outgoing chief of operations Roger Smith, and received updates on construction and district finances.
The MSD Lawrence Township Board of Education approved a routine, twice-yearly resolution to transfer funds between its education and operations accounts and heard updates on construction projects and finances, while also recognizing retiring leaders.
During an information item, the district's finance representative, Miles, explained that the transfer aligns revenue and expenses between the two state-mandated funds and that the exact transfer amount will be determined Dec. 31 and posted at the board's full meeting in January. Miles reported November month-end figures and said the general fund stood at a little over $19,000,000; he noted transportation revenue may dip seasonally…
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