Review Agenda Item
Call to Order
Approval of June 28, 2021 Agenda
Public Comment Period on Agenda Items
Board Vacancy
2020-2021 Budget Amendments - Final
2021-2022 Final Budget
Inter-Fund Transfer Between General (Incidental) Fund and Special Revenue (Teachers)
Adjournment
Print
Meeting Date:
6/28/2021 - 6:00 PM
Category:
New Business
Type:
Action
Subject:
Inter-Fund Transfer Between General (Incidental) Fund and Special Revenue (Teachers) Fund
Board Goals
:
Enclosure
File Attachment:
Fund Transfer 2021-06-28.pdf
Background & Rationale
:
The Board of Education must approve inter-fund transfers per Section 165.011, RSMo. The Special Revenue (Teachers) Fund is used to account for revenue sources legally restricted to expenditures for the purpose of teachers' salaries and benefits and tuition payments to other school districts.
Budget to be Charged
:
Motion
:
I move that the Board of Education approve the transfer of funds from the General (Incidental) Fund to the Special Revenue (Teachers) Fund to cover all expenditures that are not covered by another source of revenue (per RSMo 165.111) in that Fund in an amount not to exceed $5,500,000.
Approvals:
Recommended By:
Signed By:
Jacqueline Vernon - Finance Supervisor
Signed By:
Dr. Steve Shelton - Associate Superintendent of Operations
Signed By:
Dr. Allan Markley - Superintendent
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