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Meeting Date:
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8/10/2021 - 6:00 PM
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Category:
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Action Items
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Type:
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Action
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Subject:
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Approval of an Interim Budget Resolution for 2021-2022
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Strategic Plans:
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Enclosure
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File Attachment:
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Summary:
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Per N.C. General Statute 115C-434, in case the adoption of the budget resolution is delayed until after July 1, the board of
education shall make interim appropriations for the purpose of paying salaries and the usual ordinary expenses of the local school administrative unit for the interval between the beginning
of the fiscal year and the adoption of the budget resolution. Interim appropriations so made and expended shall be charged to the proper appropriations in the budget resolution. (1975, c. 437, s. 1; 1981, c. 423, s. 1.)
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Funding:
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State Funds - 50% of FY20-21 Expenses
Local - Actual County Appropriation Received
Federal - FY2020-21 Carryover Balances
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Recommendation:
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It is recommended that the Board approves an interim budget resolution for the purpose of paying salaries and the usual ordinary expenses of the school system for the interval between the beginning of the fiscal year and the adoption of the final budget resolution.
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Approvals:
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Recommended By:
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Signed By:
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Delores Pulliam - Chief Finance Officer
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Signed By:
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Keith Sutton - Superintendent
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Vote Results:
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| Original Motion | | Member Mrs. Talley-Brame Moved, Member Ms. Byrd seconded to approve the Original motion 'It is recommended that the Board approves an interim budget resolution for the purpose of paying salaries and the usual ordinary expenses of the school system for the interval between the beginning of the fiscal year and the adoption of the final budget resolution.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 5 Nay: 0. | | The motion Carried 5 - 0 | | | | | Ms. Lehman | Yes | | Ms. Byrd | Yes | | Mrs. Talley-Brame | Yes | | Mrs. Long | Yes | | Ms. Sims | Yes | |
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