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Board signs off on July financial reports and transfers $119,156.70 to clear cafeteria deficit
Summary
The board acknowledged July 2025 warrants and status reports, confirmed tax rates for 2025–26, approved transfer of $119,156.70 from general fund to eliminate cafeteria deficit, and approved DCMO BOCES invoices totaling $7,899.25.
At its Sept. 2 meeting the Oxford Academy & Central School Board reviewed and accepted business office reports for July 2025, including warrants and appropriation and revenue status reports. Board members amended a prior resolution to confirm the 2025–26 school and library tax levies and equalized tax rates by town as presented.
The board approved transferring $119,156.70 from unappropriated general fund balance to the cafeteria fund to zero out its cumulative deficit as of June 30, 2025. Trustees also approved DCMO BOCES supplemental contract invoices totaling $7,899.25. All financial motions carried on unanimous votes recorded in the minutes.
