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North Marion board approves midyear appropriations change after $600,000 state funding shortfall
Summary
Facing a nearly $600,000 reduction in state school funding, the North Marion School Board approved Resolution 5132024 to reallocate funds and keep the district budget balanced, including a roughly $300,000 shift among special revenue accounts and a $2,000 capital adjustment for HVAC invoicing.
The North Marion School Board voted to approve Resolution 5132024 to amend appropriations after district staff told the board the district’s state school fund allocations came in lower than expected. Board members were told the change reduced expected revenue by nearly $600,000.
District staff said the funding update required adjustments across funds to present a balanced…
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