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Board approves 2023–24 fund balance designations for Martinsville ISD

Board of Trustees of MARTINSVILLE ISD · August 12, 2024
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Summary

Martinsville ISD trustees approved fund balance designations for the 2023–2024 budget during the Aug. 12 meeting; the motion passed after a second by Craig Mueller.

The Martinsville ISD Board of Trustees voted to approve fund balance designations for the 2023–2024 fiscal year at its Aug. 12 meeting.

"Motion to approve the fund balance designations for the 2023-2024 budget as presented. This motion, made by Teresa Weaver and seconded by Craig Mueller, Passed," the record shows. The minutes do not list specific fund amounts or target categories in the public record; the motion indicates the board accepted staff recommendations for how year-end funds will be designated.

The action allows district administrators to allocate fund balances per the approved designation plan; the minutes do not record a roll-call tally or the specific designation categories.