FINANCIAL BUSINESS REQUEST (FBR)
Motion/Request:
title
MOTION to authorize the BOE to spend up to $146,558 from Account #21070101-58261 (BOE CNR Ag-Science) as outlined in the Board of Education Fiscal Year 2021/2022 Supplemental Spending Plan for Agri-Science Program.
end
Background:
For Fiscal Year 2021/2022 the town was slated to receive $997,428 in their Fiscal Year 2022 Agricultural Technology Education (ASTE) grant from the State.
Town Council Meeting 3/9/2022: At the Board of Education's request the Town Council authorized the BOE to spend 695,736 of the ASTE Funding.
In addition, the Town Council transferred and appropriated the remaining $301,692 from Account 10188210-59300 (Transferred Funds) to Account #2101402-49002 (CNR Transfers In). (see attached)
In a letter dated September 2, 2022 the Board of Education has submitted a Fiscal Year 2021/2022 Supplemental ASTE Spending Plan in the amount of $146,558 and has requested authorization to spend these funds from the BOE CNR Ag-Science Account #21070101-58261 and to appropriate any remaining to the appropriate CNR Account designated for the Agricultural Science (Agri-Science) Program.(see attached)
Department Comment/Recommendation:
(type text here)
Finance Director Comment/Recommendation:
The transfer of ASTE funding received by the town in excess of the budgeted appropriation ($301,692) as previously approved by the Council on March 9, 2022 has already taken place. There is no additional funding to be transferred.
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Mayor Comment/Recommendation:
(type text here)
Meeting Action Details:
Town Council Meeting 9/14/2022
File #:
22417 Version: 1
Type:
Financial Business Request (FBR)
Title:
MOTION to authorize the BOE to spend up to $146,558 as outlined in the Board of Education Fiscal Year 2021/2022 Supplemental Spending Plan for Agri-Science Program from Account #21070101-58261 (BOE CNR Ag-Science).
Mover:
Tim Ryan
Seconder:
Bill Saums
Result:
Pass
Moved ...
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