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County officials say $364,000 in past reimbursements found; committee suggests using funds for playground
Summary
Staff reported locating $364,000 in past reimbursements that had not been claimed; the committee agreed the funds are 'found money' to be routed to capital reserves and proposed earmarking some for playground work this summer.
Committee members were told the finance team identified $364,000 in previously unclaimed reimbursements from recent fiscal years and that those funds will be recorded in capital reserve accounts rather than the operating (run‑rate) budget.
A presenter said, “We did find some money this week. 364,000 from 23‑24.” The presenter and other staff explained the sums are reimbursements that were never filed for earlier and that accounting staff are working back through prior years to ensure eligible reimbursements are claimed.
The Chair summarized the accounting treatment: “But as of right now, when you find the past due reimbursements, that money being found is not being paid to the budget, the run rate budget, it's going to the capital reserve.” Committee members proposed suggestions for allocation; one suggested earmarking the funds for playground improvements and beginning work in May or June to have the playground ready over the summer.
Staff explained the process for moving those funds into the school CIP account: the school finance team must submit a request to the board of supervisors to transfer money from the prior‑year reimbursement revenue account to the school CIP account for approval.
Next steps: staff will continue filing outstanding reimbursements and present proposed CIP allocations to the board for approval; committee members recommended presenting the discovery positively to the public and avoiding internal blame for earlier filing lapses.
