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Board approves pre-authorization to transfer up to 5% between cost centers
Summary
To allow flexibility and avoid end-of-year cost-center overages, the board approved a pre-authorization permitting transfers of up to 5% between cost centers; motion passed unanimously.
The board voted to preauthorize administrative transfers of up to 5% between cost centers to prevent year-end overages that would otherwise create accounting problems. The superintendent explained the policy: a cost center that runs over cannot end the year in deficit without transfers to cover shortages.
Andy moved the pre-authorization, which Mike seconded; the board recorded the vote as unanimous. The board said the authority was intended to be used sparingly and would be reported as part of standard budget monitoring.
