File #: 25-335   
Type: Resolution (Consent) Status: Passed
File created: 6/6/2025 In control: Financial and Management Services - Finance
On agenda: 6/24/2025 Final action: 6/24/2025
Enactment date: 6/24/2025 Enactment #: 2025-216
Title: Commissioner Hovis - Financial and Management Services - Finance - To Approve Transfer of Remaining 2023 School Bond Anticipation Notes Professional Services Budget from Education Debt Service Fund to Education Capital Fund ($47,234.38)
Sponsors: Bob Hovis
Attachments: 1. Adopted 2025-216, 2. BCR

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Commissioner Hovis - Financial and Management Services - Finance - To Approve Transfer of Remaining 2023 School Bond Anticipation Notes Professional Services Budget from Education Debt Service Fund to Education Capital Fund ($47,234.38)

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STAFF CONTACT

Kyle Sutherland - Finance - 704-866-3130

BUDGET IMPACT
budget

Education Debt Service Fund: Decrease expense budget by $47,234.38.

Education Capital Fund: Increase expense budget by $47,234.38.

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BACKGROUND

Actual expenditures for professional services on the 2023 School Bond Anticipation Notes were lower than originally budgeted. The Board Action allows the remaining budget in professional services to be transferred from the Education Debt Service Fund to the Education Capital Fund so that the 2023 School Bond Anticipation Notes issuance may be fully spent.

POLICY IMPACT

N/A

ATTACHMENTS

Budget Change Request (BCR)