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Treasurer: Warren City has $201.4 million available; FY25 appropriations and transfers outlined

Warren City Board of Education · September 24, 2024
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Summary

Treasurer Mrs. Cortino told the board the district has $201,430,749 in estimated available resources for fiscal year 2025, permanent appropriations totaling about $125,000,944, and noted $15,000 in transfers to building principals and nearly $16 million in state and federal grants appropriated for FY25.

Treasurer Mrs. Cortino presented the district's fiscal snapshot at the Sept. 24 Warren City Board of Education meeting, saying the district has $201,430,749 in estimated available resources for fiscal year 2025 and permanent appropriations of roughly $125,000,944.

Mrs. Cortino described several specific entries on the agenda: a $15,000 transfer from the general fund distributed as $3,000 to each building for principal meetings and professional development, and a permanent appropriation package that includes just under $16 million in state and federal grants (about 13% of total appropriations). She also noted roughly $11 million in permanent improvement funds set aside for capital needs.

The board approved the permanent appropriation measure and the listed transfers by roll call later in the meeting. Mrs. Cortino thanked grant writers and maintenance staff who secured awards, citing a $40,000 Bureau of Workers' Compensation grant that will cover about half the cost of new cafeteria tables at Lincoln PK–8.

The treasurer's report was presented as part of routine fiscal business and did not include additional conditions or contingencies beyond the usual appropriation process.