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Board approves appropriations transfer to eliminate unstructured deficits
Summary
Board adopted a resolution to transfer appropriations and clear multi-year unstructured debt, moving roughly $1,096,000 to interfund transfers and shifting instructional appropriations to cover immediate deficits; the measure passed unanimously.
Finance staff recommended the board approve a resolution to transfer appropriations to eliminate rolling, unstructured deficits carried in several funds. Staff explained the proposal would increase interfund transfers by $595,000 and reduce instructional-service appropriations by $695,000 for the current year so the district can address food-service, Medicaid and facility-rental shortfalls without creating new net spending. The presentation noted this is a transfer of appropriations, not a spending increase, and that structured debt (PERS bonds, the high-school bond) is unchanged.
A motion to adopt resolution 6-9-2025 (transfer appropriations, general fund fiscal year 24-25) was moved and seconded; the board approved the resolution unanimously. Board members discussed the need for better year-round controls and noted purchasing-card and procurement reforms that helped generate the savings enabling the transfer.
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