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Board warned state spending timeline change could jeopardize summer programs and credit retrieval
Bandon School District Board · October 15, 2024
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Summary
Staff told the board that new state rules requiring prior-year funds be spent by June 30 will force earlier budgeting decisions and could make it difficult to fund summer offerings and credit-recovery programs without clearer May funding estimates.
District staff told the board that a change in state fiscal rules will require districts to spend prior-year funds by June 30 rather than allowing a grace period into September. The presenter said that change compresses budgeting timelines and leaves uncertainty about whether summer programs can be funded before districts…
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