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Finance & Audit Committee approves $335,324 appropriation for special-education tuition
Summary
The New London Board of Education Finance & Audit Committee on April 29 approved a $335,324 FY24 additional appropriation from the City Council to be applied to the BOE-SPEDTUITION line and reviewed the monthly financial report; motions passed by 3-0 roll call.
The New London Board of Education Finance & Audit Committee voted April 29 to accept a $335,324 additional appropriation from the City Council and allocate it to the BOE-SPEDTUITION line for fiscal year 2024, and reviewed the district's monthly financial report.
Committee Chair Elaine Maynard-Adams called the meeting to order at 6:01 p.m. and confirmed that Committee Members Alisha Blake (attending virtually) and Susan Hambey were present. Rob Funk, chief financial officer, represented administration.
Rob Funk reviewed the Monthly Financial Report and told the committee the report is available in its entirety upon request. No financial adjustments other than the appropriation were detailed in the recorded minutes.
On a budget revision request, Mr. Funk said the City Council on Jan. 16 appropriated $335,324 to the Board of Education and recommended moving those funds to the BOE-SPEDTUITION line via the line-item transfer form provided to the committee. Committee Member Alisha Blake moved to approve the FY24 Additional Appropriation budget revision request; Committee Member Susan Hambey seconded. The motion carried on a roll-call vote of 3-0.
Votes at a glance: • Approval of March 25, 2024 minutes — Motion by Alisha Blake, seconded by Susan Hambey; outcome: approved, 3-0. • FY24 Additional Appropriation (transfer $335,324 to BOE-SPEDTUITION) — Motion by Alisha Blake, seconded by Susan Hambey; outcome: approved, 3-0. • Adjournment — Motion by Elaine Maynard-Adams, seconded by Susan Hambey; outcome: approved, 3-0.
The meeting record shows no public comments and no committee-member remarks beyond motions listed on the agenda. Chair Maynard-Adams moved to adjourn at 6:26 p.m.; the motion carried 3-0.
The committee did not set a follow-up meeting time in the minutes provided. The full monthly financial report and the line-item transfer form are available upon request from the district office.
