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Board increases transfer to capital projects fund for facility acquisition
Summary
Staff presented a budget resolution to raise transfers from the general fund to the capital projects fund and increase facility-acquisition appropriation by $300,000; the board approved the change as part of the supplemental budget.
District staff presented a budget resolution to increase the transfer-in revenue to the capital projects fund and to raise the facility-acquisition appropriation by $300,000. Denise described the change as straightforward: "We are just increasing the transfer in revenue from the general fund ... and increasing the facility acquisition appropriation by the same $300,000 amount."
Denise noted that of the district's three capital project funds only the main capital project fund was being changed; there were no changes to the facility improvement or transportation capital funds. The board approved the capital projects resolution as part of the supplemental budget vote.
