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Committee approves line-item transfers over $25,000

New London Board of Education Finance and Audit Committee · April 27, 2026
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Summary

The Finance & Audit Committee reviewed line-item transfers under and over $25,000; the committee approved the transfers over $25,000 on a 3-0 vote. The reports are available on request.

The committee heard a review from Chief Financial Officer Rob Funk of recent line-item transfers, including both transfers under $25,000 and transfers over $25,000. Following the review, Chair Elaine Maynard-Adams moved to approve the transfers over $25,000; Susan Hambey seconded the motion and it carried, 3-0.

The transcript records that the district's reports on transfers are available in their entirety upon request. The committee did not record any amendments to the transfers in the transcript; the approval was recorded simply as "Motion carried, 3-0."