Finance Committee Meetings

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    August 26, 2021 Finance Committee Meeting
    During the August 26th School Board Finance Committee meeting, staff provided an update on the use of Coronavirus Aid, Relief and Economic Security Act funds (CARES) and the American Rescue Plan Act Elementary and Secondary School Emergency Relief Funds (ESSER III). Staff also presented the results of the student activity funds audit and the fiscal year 2021 financial report. The operating fund concluded the fiscal year with $4,264,552 in unobligated funds. The School Board voted to send to the Board of Supervisors three budget adjustments - a School Operating Fund budget adjustment of $10,793,769 for ESSER III funds, $2,769,024 for CSLFRF, $454,276 in restricted funds, and a School Capital Projects Fund budget adjustment of $4,264,552 to support the Capital Asset Plan and the purchase of nineteen school buses.