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Board unanimously establishes Fund 52 to track affordable housing project finances
Summary
Steamboat Springs School District No. Re 2 approved Resolution 52 on Jan. 12 to create Fund 52, an accounting fund to receive and spend project-specific revenues for an affordable housing project so those transactions can be included in an amended budget before June 30.
The Steamboat Springs School District board unanimously approved Resolution 52 on Jan. 12 to establish Fund 52, designated for an affordable housing project. Director of Finance and Operations Stephanie Juno told the board a dedicated fund is needed so project revenues and expenditures can be tracked in the chart of accounts and included in the…
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