Agenda Item
Meeting Date: 10/29/2020 - 6:00 PM
Category: Consent Agenda*
Type: Action
Subject: Budget Amendment
District Goals:
Goal 1
Thriving Students
Goal 2
Engaged Community
Goal 3
Empowered Staff
Enclosure:
File Attachment:
budget amendment Oct 2020.pdf
Summary: Texas law requires that a school board approve an operating budget annually. Pursuant to CE (Legal) updated June 7, 2006: "The Board shall have the authority to amend the approved budget or to adopt a supplementary emergency budget to cover necessary unforeseen expenses". The district is also required to maintain a balanced budget within fund and function categories.
Budgetary Impact: Please amend the budget to allocate funds within the approved budget to more closely fit the district's needs and utilization. The administration recommends that we move money as presented on the attached budget amendment.
Recommendation: Recommend amending the 2020-2021 Budget to reflect the changes as presented.
Approvals:
Recommended By:
Signed By:
Stacey Adrian - Chief Financial Officer
Signed By:
Michael McFarland - Superintendent