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Brady Public Schools approves four fund transfers totaling $400,000 and routine claims
Summary
The school board approved moving $400,000 among district funds — $200,000 to depreciation, $100,000 to nutrition, $50,000 to employee benefits and $50,000 to activity — and authorized August claims including payroll. All motions passed unanimously.
The Brady Public Schools Board of Education voted Aug. 11 to transfer $400,000 among district accounts to meet upcoming expenses and fund activities. The board approved moving $200,000 to the Depreciation Fund, $100,000 to the Nutrition (lunch) Fund, $50,000 to the Employee Benefit Fund and $50,000 to the Activity Fund; all four transfer motions passed with unanimous votes.
Board members framed the transfers as cash‑management steps to cover known obligations such as bleacher and pressbox payments and activity expenses. “To approve to transfer $50,000 to Employee Benefit Fund,” read the motion approved for that item; the motion to transfer $200,000 to the Depreciation Fund was similarly approved. The board also approved the financial claims for August, which the meeting record lists as General Fund $355,093.69 and Depreciation Fund $892.00. The actions were recorded with full board support.
