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Board to transfer up to $1.69 million to capital fund for Genesee Valley BOCES project
Summary
Following a June 9 vote approving a $42,995,649 Genesee Valley BOCES capital project, Byron‑Bergen’s board established its $1,690,669 share and approved a transfer of up to $1,690,669 from the General Fund to the Capital Fund to reduce anticipated borrowing.
The Board adopted a resolution establishing the district’s share of the Genesee Valley BOCES Capital Project at $1,690,669 following the BOCES voter approval on June 9, 2026. The minutes state BOCES’ maximum estimated project cost as $42,995,649; the district’s resolution places its share and the capital project into the capital fund.
Board members also approved a companion resolution directing the Business Office to transfer excess fund balance of up to $1,690,669 from the General Fund to the Capital Fund as of June 30, 2026, with the explicit purpose of reducing or eliminating anticipated borrowing for the district’s portion of the project. The transfer was approved by a 5‑0 vote.
