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Board approves 2024–25 budget amendment for grants and capital referendum carryover
Summary
The board approved a required budget amendment recognizing grant changes and capital referendum borrowing; administration noted the amendment affects state aid calculations and prior‑year reporting.
The board considered and approved its annual 2024–25 budget amendment, which adjusts revenue and expenditure lines largely to reflect grant changes and to recognize borrowing and early architectural fees from the recent capital referendum. Administration explained the amendment is necessary for accurate state reporting — July 1 state aid calculations use amended budgets and prior‑year expenditures.
A motion to approve the 2024–25 budget amendment was made and seconded; the board carried the motion by roll call. No board member requested removal of the item from the agenda prior to the vote.
