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Board reallocates $211,534 from construction committed fund balance to unencumbered balance
Summary
Trustees voted 7-0 to reduce the construction committed fund balance by $211,534 and return the amount to the unencumbered fund balance (Motion #159933). The motion was moved by Frank Andrajack and seconded by Vance Morris.
At the Sept. 23 regular meeting the Burkburnett ISD Board of Trustees approved a financial action to reduce the construction committed fund balance by $211,534 and return the funds to the districts unencumbered fund balance. Trustee Frank Andrajack moved the motion and Trustee Vance Morris seconded; the motion passed unanimously.
The transcript records the dollar amount ($211,534) explicitly in Agenda Item 11A and Motion #159933. The record does not include additional line-item explanation about how those funds will be reallocated after returning to the unencumbered balance.
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