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Board approves May policy updates and carryforward appropriation into capital outlay fund
Summary
The board approved policy changes from May 2026 and authorized a carryforward appropriation into the capital outlay fund to increase available capital reserves; finance staff said the carryforward will help pay for large capital items when needed.
Board members reviewed policy updates and then voted to approve the May 2026 policy changes after clarifying implementation questions. Staff agreed to follow up with members about implementation details after the meeting.
The board also approved an additional appropriation request to move carryforward funds into the capital outlay fund. Finance staff said the carryforward is typically used to ensure funds are available for capital repairs such as high‑school chillers, and that the amount this year is lower than previous years but still useful for contingency planning.
