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Committee transfers $55,000.92 of surplus regional transportation reimbursement to transportation fund
Summary
The committee voted to move $55,000.92 of surplus regional transportation reimbursement into the district transportation fund for use next year; the transfer required and received a two-thirds roll-call vote.
The finance presenter moved to transfer $55,000.92 of surplus regional transportation reimbursement into the district's transportation fund to be used next year. The presenter explained the state allows placing surplus reimbursement into a dedicated transportation fund to offset future transportation costs, and the motion required a two-thirds majority.
Committee members discussed the procedural threshold and then cast roll-call votes; the motion passed by the required 0.667 majority. The presenter described the transfer as routine budgeting to align actual reimbursements with next year's transportation budget.
