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Board adopts supplemental budget for Student Investment Account fund
Summary
The board unanimously approved Resolution #24-25-11 to adopt a supplemental budget within the Student Investment Account Fund after staff noted a few practical line items and unusually static enrollment figures.
The board approved Resolution #24-25-11, adopting a supplemental budget and making appropriations within the Student Investment Account Fund.
CFO Randy Anderson presented the financial context and noted a few practical line items remain in fund balances; he urged caution on transfers until certain expenses settle out. Anderson also said district enrollment "is exactly the same as last month—down to the individual student—which is highly unusual," a point staff said improves precision in short-term funding projections. The resolution passed unanimously following a motion by Director John Nelson and a second from Director Jose Aparicio.
No immediate appropriation transfers were recommended; staff will monitor expense settlements and return with any needed adjustments once figures are finalized.
