Agenda Item
Meeting Date: 1/29/2019 - 4:30 PM
Category: 12.0 ACTION ITEMS
Type: Action
Subject: FY2018-2019 Proposed Amended Budget, Adoption of Appropriations Resolution, Resolution Authorizing the Use of a Portion of Beginning Fund Balance, and Resolution Authorizing Interfund Borrowing
Strategic Plan Alignment:
GOAL 5, OBJECTIVE 1
Enclosure:
File Attachment:
Summary: On June 26, 2018, the Board adopted the budget for fiscal year 2018-2019. Prior to January 31st of the following year, school districts are allowed to adjust their adopted budget after they have received their final audit information to adjust beginning fund balances, certified mill levies, and their certified pupil count. Those three items, in addition to other revenue adjustments and unexpected expenditure needs, often require the budget to be adjusted.
Funding:
Recommendation: The Board of Education adopts the FY2018-2019 Proposed Amended Budget, Appropriations Resolution, Resolution Authorizing the Use of a Portion of Beginning Fund Balance, and Resolution Authorizing Interfund Borrowing for Fiscal Year 2018-2019 as presented in the January 29, 2019 Board materials.
Approvals:
Recommended By:
Signed By:
David Horner - Chief Financial Officer
Signed By:
Charlotte Macaluso - Superintendent