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Administration seeks board approval of final 2025–26 budget amendments including capital-lease proceeds and transfers to Child Nutrition
Summary
The packet requests approval of multiple final amendments to the 2025–26 General Operating and Child Nutrition funds, including $1,426,742 in capital lease proceeds, $60,618 transfer to Child Nutrition to cover negative lunch balances, and an overall General Fund deficit increase of $2,283,876.
Administration requested the Board’s approval of final 2025–26 budget amendments to realign funds and ensure accounts are not overdrawn. The packet lists an increase of $1,426,742 in Transfers In to record proceeds for capital leases and a $60,618 Transfer Out to Child Nutrition Fund (Fund 240) to cover negative lunch balances.
The materials show multiple transfers and function-level adjustments, and state that amendments increasing revenues or expenditures require formal Board approval. The General Fund amendments would increase the budget deficit by $2,283,876, producing adjusted totals that administration presented for approval. "Administration recommends the Board of Trustees approve the final budget amendment for the General Operating, Child Nutrition, and Debt Service funds for 2025-2026, as presented," the packet states in the administrative recommendation attributed to Gina Mitschke.
The packet supplies detailed line items and summary tables but includes no recorded motion maker, second, or vote within the provided document. The recommended sample motion is: "I move that the Board of Trustees approve the final budget amendment for the General Operating, Child Nutrition, and Debt Service funds for 2025-2026, as presented."
