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Board OKs $250,000 transfer from capital savings to general fund
Boyne City Board of Education · December 9, 2024
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Summary
The Boyne City Board of Education unanimously approved transferring $250,000 from Capital Project Savings to General Funds on Dec. 9, 2024; the motion was presented as an administrative recommendation and passed 6-0.
The board voted 6-0 to transfer $250,000 from Capital Project Savings to the district's General Fund after an administrative recommendation. The motion was made by Mary Towne and seconded by Jill Towne-Patton; the roll call recorded six yeas and zero nays.
The minutes record the transfer as an administrative recommendation; no further detail about timing, specific use, or accounting entries was recorded in the minutes.
