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Board approves June budget transfers after CFO explains contingency reallocations; accepts several community donations
Summary
The board approved fiscal year‑26 budget transfers to reallocate contingency across functions to avoid audit findings and accepted several small donations for school programs; CFO Liliana Kamacho Poco explained the columns and contingency logic.
Trustees approved June fiscal year‑26 budget transfers after a clarification from Liliana Kamacho Poco, chief financial officer for the Lyon County School District, about column headings and contingency movement.
Trustee questions focused on the FY26 columns labeled "estimated ending 63026," "FY26 December (amended budget)" and "FY26 June (amounts with transfers)." Kamacho explained those columns respectively reflect estimated actuals for the fiscal year, the board‑approved amended December budget, and the June numbers after transfers; the far‑right column shows the budget change. She told the board the district spreads contingency dollars across functions because over‑expenditure of a function — even by one dollar — can trigger an audit finding; the transfers are intended to create small cushions that prevent such findings.
After the explanation trustees made a motion to approve the June FY26 transfers and the consent agenda; the vote was unanimous. The board also accepted donations announced during the consent agenda: $1,800 from the 2030 Club for a pressure machine for a program at RES, $500 from Ken Gray for the RES Glee Club, and $1,000 from Dayton Valley Tire to support STEM initiatives.
CFO Kamacho said the district’s revenue change compared with the prior year was largely explained by enrollment declines affecting PCFP (the pupil‑centered funding plan), and she noted the district can pursue multi‑year contracts with vendors to reduce year‑to‑year cost volatility.
The board recorded the approvals and moved to the next agenda items.
