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Sevier County Commission approves $1 million transfer to school cafeteria fund
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Summary
The commission voted April 17 to transfer $1,000,000 from the school system’s federal projects fund to its cafeteria fund after federal COVID-relief grants ended; the finance director said the transfer protects the fund because federal reimbursements leave timing gaps.
The Sevier County Commission on April 17 approved a resolution to transfer $1,000,000 from the school system’s federal projects fund to the district cafeteria fund.
Sevier County School System Finance Director Dr. Whit Helton told commissioners the district originally moved the money in August 2021 to cover COVID-relief grant activity and now seeks a permanent transfer because the federal grants have ended and the programs operate on a reimbursement basis. He said the change will “allow an additional layer of protection to keep us from going in the negative space.”
Dr. Helton said the school system requested the transfer because the federal grants “have run their life cycle and so we are requesting that the million dollars be transferred to our cafeteria fund to allow an additional layer of protection to keep us from going in the negative space. Those funds also operate on a reimbursement basis, this would be a permanent transfer for these funds.”
The commission approved the resolution by roll-call vote, 24 Yes, 0 No, 1 Absent. The motion was made by B. Delius and seconded by G. Haggard.
The action changes an internal fund balance; commissioners did not record additional conditions or a requirement for further approvals in the meeting record. The resolution was presented by the budget committee and placed on the consent agenda for approval.