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Board approves $136,327.57 and $442,919.86 inter‑fund transfers for debt service and capital projects
Summary
The River Forest SD 90 board on June 16 approved two resolutions: a $136,327.57 transfer from the Education Fund to the Debt Service Fund and a $442,919.86 transfer from the Operations & Maintenance Fund to the Capital Projects Fund.
The board approved two permanent inter‑fund accounting transfers at the June 16 meeting.
The first resolution authorized a permanent transfer from the Education Fund to the Debt Service Fund in the amount of $136,327.57. The second resolution authorized a permanent transfer from the Operations and Maintenance Fund to the Capital Projects Fund in the amount of $442,919.86. Both motions were approved on unanimous roll‑call votes.
Board members recorded their votes on the record; the minutes list all five members voting in favor of each resolution. The minutes state these were presented as routine fiscal housekeeping and were carried by the board without recorded opposition.
