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Board approves special‑funds supplemental budget moving grants into appropriate accounts
Summary
The board approved a special‑funds supplemental budget to align grant revenues and appropriations (state +$91,000; federal +$5,000), reallocating expenditures into SIA, Early Literacy and Measure 98 without changing the district's overall special funds total.
The Echo School District 5 board approved a special‑funds supplemental budget to match recently finalized grant awards and correct fund‑level allocations.
Finance staff told the board the supplemental actions increase state revenue by about $91,000 and federal revenue by roughly $5,000 and then adjust beginning fund balances and appropriations so the special funds total does not change. Staff outlined several function‑level shifts: Measure 98 appropriations were increased by about $1,000, Early Literacy increased by $20,000 and SIA (School Improvement) increased by approximately $70,000. Small high‑school appropriations were reduced by $10,200 and transportation appropriations were lowered because a bus purchase did not occur as planned.
The staff presentation stressed that these are reclassifications required by state law to match grant awards to allowable function codes. After closing the supplemental hearing, the board approved Resolution 25‑03 by voice vote.
Staff member explained the adjustments on the record: “So basically, we are bringing in $91,000 more money in state revenue ... and 5,000 more in federal revenue. ... Measure 98, which is your high school success, we're allocating $1,000 more in appropriations ... Early literacy, we're increasing by 20,000. SIA, we're increasing by 70,000.”
Next steps: staff will implement the reclassifications in the accounting system and include the adjustments in forthcoming financial reports to the board.
