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Technology and ESSER III funds show large negative balances in December packet
Summary
Ledger lines in the Jan. 15 board packet show the Technology Fund with large negative expenditure lines and ESSER III entries including a listed ($300,000.00) budget adjustment and deferred revenue; vendor purchases appear coded to these funds.
The district's financial packet includes detailed fund-level accounts showing a strained Technology Fund and adjustments within the ESSER III fund in the December 2024 reports.
Technology Fund lines in the report show Expenditures to Date producing a negative ledger position in the 'less: expenditures' column (documented as (692,625.81) in the packet). ESSER III Fund entries show a listed '(300,000.00)' figure and accounts receivable and deferred revenue lines consistent with federal ARP/ESSER accounting practices.
The check register and detail invoices in the packet include purchases coded to these funds: an Epson projector purchase recorded to Fund 245 (Technology) for $10,020.00 and a tables-and-chairs purchase coded to Fund 250 (ESSER III) for $16,999.20. Those vendor lines are among numerous capital and technology-related expenditures recorded in December 2024.
The packet does not record a board vote on spending in the excerpt provided; these are ledger entries in the district's financial reports.
