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Finance committee approves March budget transfer report
Summary
The Finance & Operations Committee voted to approve the FY26 March transfer reports as presented and adjourned; members discussed transfer reporting thresholds and asked for clearer activity descriptions in future reports.
Miss Lewis moved and seconded a motion to approve the fiscal‑year‑26 March transfer reports during the April 20 Finance & Operations meeting; the committee voted in favor and the motion passed.
What was approved: The administration said the district brings forward budget transfers of $1,000 or more monthly and that transfers of $5,000 and above require committee action; the transfers presented reflected routine end‑of‑year spend‑down activity such as replacing cafeteria tables and other building needs.
Questions and follow‑up: A committee member raised that some transfer entries on page 30 lacked descriptive activity labels; Miss Degray said she will ask schools to start filling in activity descriptions and provide a cheat sheet explaining account numbers to make the ledger entries more transparent.
Vote and adjournment: After discussion the committee voted "aye" and approved the transfer report. Miss Lewis then moved to adjourn, the motion was seconded and the meeting ended; the chair noted the time at approximately 7:24 p.m.
