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Agenda seeks authorization to abate $900,000 from working cash to O&M, to be transferred to Capital Projects as needed
Summary
The board agenda includes a recommended resolution to abate $900,000.00 from Working Cash for transfer to the O&M Fund; the amount may then be transferred to the District's Capital Project Fund as needed. The agenda lists this as a recommended approval; vote outcome is not recorded.
The Jan. 27, 2025 Lindop School District 92 agenda lists a recommended approval authorizing the abatement of $900,000.00 from the district's Working Cash fund for transfer to the Operations & Maintenance (O&M) Fund. The agenda states the abatement amount shall be transferred from the O&M Fund to the District's Capital Project Fund as needed.
The agenda presents the transfer as a resolution under New Business and identifies the dollar amount precisely ($900,000.00). The line appears as a recommended approval on the agenda; the agenda text does not include a recorded vote or any implementing schedule or project list tied to the capital fund transfer.
Because the agenda contains only the recommended resolution language, confirmation of the board's approval and any subsequent capital project uses requires checking the board minutes or later financial postings.
