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Budget packet shows interfund borrowing: $200,000 moved from General Fund to Food Service
Summary
The Revised Budget includes an interfund borrowing resolution authorizing a $200,000 transfer from the General Fund to the Food Service Fund (General Fund line shows -$200,000; Food Service Fund +$200,000). The resolution cites C.R.S. 22-44-113.
The budget packet includes an Interfund Borrowing Resolution (citing C.R.S. 22-44-113) that lists a $200,000 borrowing from the General Fund offset by $200,000 to the Food Service Fund. The resolution text describes repayment requirements under state statute and states borrowed monies must be repaid no later than three months after the beginning of the following budget year if needed to meet obligations of the lending fund.
The worksheet entries in the packet list the borrowing amounts explicitly: "10 General Fund -$200,000" and "21 Food Service Fund $200,000." The budget documents also show Food Service Fund revenues and expenses for FY25/26 with a proposed appropriation of $749,068 and highlight federal and state revenue shares for that fund. The packet provides the statutory citation and the formal language for authorizing interfund loans.
No specific motion text or recorded vote on this interfund borrowing appears in the supplied transcript excerpt; the item is presented in the budget resolutions within the packet.
