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Board approves FY26 budget transfers totaling $4,011,184
Summary
The board approved fiscal year 2026 budget transfers between functions amounting to $4,011,184 after a motion to move the item up on the agenda; the vote was unanimous 8–0.
The Mountain Board of Education voted unanimously May 26 to approve fiscal year 2026 budget transfers between functions totaling $4,011,184. The board moved item C3 forward from new business, took it up for immediate consideration and approved the transfers by roll call.
Board members said the transfers were part of routine year‑end true‑up work to align encumbrances and ensure major budget categories (salaries, benefits, etc.) do not go into the negative before the fiscal year closes. The director of finance told the board that the amount reflects transfers across functions and that most departments had met year‑end submission deadlines; the transfers will help reconcile salaries, hourly accounts and encumbrances.
The motion to approve the transfers passed by an 8–0 recorded vote.
