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Boyne City board approves $800,000 transfer to general fund
Summary
On Sept. 23, 2024 the board approved transferring $800,000 from Capital Project Savings to the General Fund on a 5-0 vote; motion by Jill Towne-Patton, second by Mary Towne.
The Boyne City Board of Education approved a transfer of $800,000 from Capital Project Savings into the district General Fund at its Sept. 23 special meeting. The motion was made by Jill Towne-Patton and seconded by Mary Towne; the minutes record a unanimous vote: Riley Cope — Yea; Savannah Hrenko — Yea; Zareena Koch — Yea; Mary Towne — Yea; Jill Towne-Patton — Yea.
According to the minutes, the transfer was made "as recommended administratively." The excerpt does not include a breakdown of how the transferred funds will be allocated within the General Fund; the board did not attach further budget line-item detail in the provided text.
