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Board approves $9,608 Cost of Recapture adjustment and $25,000 transportation transfer
Summary
Big Spring ISD approved budget amendments May 11 to pay a $9,608 final Cost of Recapture adjustment (total recapture $4,075,897) and to transfer $25,000 to transportation to cover bus repairs.
The board approved two budget amendments at the May 11 meeting. Administrators reported a final Cost of Recapture adjustment for the 2024–2025 school year that increased the district's recapture obligation by $9,608, bringing the total Cost of Recapture payment to $4,075,897; the minutes show the board approved a transfer moving $10,000 from function 199-41 to 199-91 to cover the change.
Separately, the director of maintenance and transportation requested moving $25,000 from maintenance (199-51) to transportation (199-34) to address increased repairs to the bus fleet; the board approved that amendment. Motions to adopt the budget changes were made and seconded (motion passed 7-0) and the minutes note no change to fund balance for either amendment.
