Aberdeen School District 06-1 authorizes up to $1 million interfund transfer and $150,000 contingency use

Superintendent Dr. Guffin asked the Aberdeen School District 06-1 board to approve year‑end budget adjustments at the June 22 meeting. Finance staff member Michaela told the board the district has expended “just over 97% of the expenditure budget” and requested authorization to transfer up to $1,000,000 from the Capital Outlay fund into the General Fund to cover year‑end needs.

The request was presented as routine year‑end activity. Michaela said many line‑item adjustments remain to be posted before final figures are known but recommended board approval to allow the transfer if needed. Board member Sharp moved to approve transferring up to $1,000,000; Olsen seconded, and the board approved the motion by voice vote.

In a related vote the board approved a contingency and supplemental budget adjustment. The district’s 2026 budget included a $200,000 contingency; staff asked to use $150,000 to cover expected overages, citing higher substitute costs at the middle school, increased custodial supplies and utilities, and additional busing expense. Michaela said busing costs this year were $52,000 over budgeted amounts. A motion to approve the contingency transfer and supplemental budget was moved, seconded and approved by voice vote.

Why it matters: the transfers and supplemental appropriation give district leaders flexibility to close the fiscal year without violating fund‑balance rules and keep day‑to‑day operations running while final accounting posts. The board did not specify exact final dollar amounts beyond the authorized ceilings; staff said final transfer amounts will be reported when year‑end adjustments are posted.

What’s next: staff will finalize year‑end accounting and report the actual transfer and any budget amendments at a future meeting.