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Board committees forward year-end budget amendments, revised budget and federal grant approvals
Summary
Committee meetings forwarded Fund 141 and Fund 142 year-end budget amendments, a revised proposed district budget reduced from about $1.29 million to $984,980, the Consolidated Funding Application approval form and two federal grant-funded contracts; the Special Called Meeting approved the budget amendments.
Fayette County Public Schools’ Budget, Finance, Transportation, Operations and IT Committee reviewed a series of year-end financial items and forwarded them to the full Board.
Finance Director Arianna Elliott reported accounting and coding challenges related to personnel transitions and technical issues with the NextGen financial system but said current projections show a fiscal-year surplus. The committee reviewed Fund 141 and Fund 142 amendments intended to correct payroll coding and avoid negative balances and audit findings; those amendments were forwarded to the full Board (Motion: Adam Fearon; Second: Becky Trimm; Vote: 3–0). A small Fund 142 adjustment transfers $40.83 from a Staff Development account to the State Retirement account to fully use Career and Technical Education grant funds.
Dr. Don McPherson presented a revised district budget after discussions with county leadership; the revision trimmed an original request of about $1.29 million to approximately $984,980 by reducing bus purchases, postponing HVAC improvements at two junior highs and delaying replacement of drinking fountains with bottle-filling stations. The committee voted to forward the revised budget to the full Board (Motion: Becky Trimm; Second: Adam Fearon; Vote: 3–0).
The committee also reviewed the annual Consolidated Funding Application (CFA) Board Approval Form — a packet Eddie Keel said exceeds 200 pages and includes Title I, II, III, IV, IDEA Part B, preschool special-education and other consolidated programs — and two federal grant-funded professional-development contracts (one ~ $14,700; another estimated at $70,000–$80,000); both the CFA approval and the contracts were forwarded to the full Board for approval.
At a Special Called Meeting later the same evening, the Board approved the year-end budget amendments to ensure timely reporting before the County Commission meeting (Motion: Adam Fearon; Second: Becky Trimm; Vote: 8 Yes, 0 No, 1 Absent).
