LBudget Transfers over $
Item Details
- Meeting
- June 1, 2026 – REVISED Board of Education Meeting
- Category
- 10. Consent Agenda
- Type
- Action item
- Recommended action
- Move to approve budget transfer in excess of $50,000.
Motions
Move to approve Consent Agenda items 10 B-O.
Moved by Sarah Douthit · Seconded by Penny Vadla
Yes: Kelley Cizek, Tim Daugharty, Sarah Douthit, Dianne Macrae, Jason Tauriainen, Patricia Truesdell, Penny Vadla, Mica VanBuskirk
Not present at vote: Ash-Lee Waddell
Public Content
Budget transfer 544 in the amount of $100,040 and budget transfer 564 in the amount of $148,000 have been processed by the Business Office for Connections End of Year Parent Reimbursements.
Detail for the amount of each of these transfers is attached.
A budget is a financial plan created to allocate funds for estimated costs of programs and needs in accordance with the District's plans and goals. It is usually necessary to make changes to the original plan through the use of budget transfers, which follow Generally Accepted Accounting Principles (GAAP), as more information about actual costs becomes available and decisions about programs and circumstances are revised. Prior to approval, all budget transfer requests are reviewed in light of current policies and procedures and evaluated for appropriateness and necessity in conjunction with the District's internal controls.
These budget transfers exceed $50,000; therefore, they require Board of Education approval per Board Policy 3120.