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.
Mayor Comment/Recommendation:
(type text here)
Meeting Action Details:
Town Council Meeting 9/14/2022
|
File #: |
22417 <https://ledyardct.legistar.com/LegislationDetail.aspx?ID=5814180&GUID=892DF58D-A5DB-4DDF-90C6-C413DE8E67A8> 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 <https://ledyardct.legistar.com/PersonDetail.aspx?ID=272276&GUID=217F0B4F-15D9-4CA3-B8DB-37D6E88E2114> Seconder: Bill Saums <https://ledyardct.legistar.com/PersonDetail.aspx?ID=272277&GUID=C70785B4-9E4F-4F98-AA21-78986FB8912D> |
|
|
Moved by Councilor Saums, seconded by Councilor Ryan
Discussion: Councilor Saums stated the Board of Education receives state funding and tuition revenue from out-of-town students that support the Vo-Ag Science Program. He stated for the Fiscal Year 2021/2022 the town received $997,428 in the Agricultural Technology Education (ASTE) grant from the State, which was $301,692 more than the amount of revenue that was included in the budget. He stated the ASTE Funding must be spent on the Ag-Science program; and he explained rather than use the funding for on-going operational expenses that Ledyard’s practice has been to spend the funds on capital or one-time expenses.
Councilor Saums continued by providing some background noting that the ASTE Funding comes into the town in three payments. He stated at their March 9, 2022 meeting the Town Council authorized the Board of Education to spend 695,736 of the ASTE Funding in accordance with their Spending Plan. He stated the Town Council’s action also included transferring and the remaining balance in the amount of $301,692 from Account 10188210-59300 (Transferred Funds) to Account #2101402-49002 (CNR Transfers In). He stated in a letter dated September 2, 2022 the Board of Education submitted a Fiscal Year 2021/2022 Supplemental ASTE Spending Plan in the amount of $146,558; as listed in the “ASTE Wish List” above. He stated that he was comfortable with allocating the ASTE Funding as recommended by the Ag-Science Director.
VOTE: 6- 0 Approved and so declared
Action: Approved
Finance Cmt Meeting 9/7/2022
|
File #: |
22417 <https://ledyardct.legistar.com/LegislationDetail.aspx?ID=5814180&GUID=892DF58D-A5DB-4DDF-90C6-C413DE8E67A8> 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 <https://ledyardct.legistar.com/PersonDetail.aspx?ID=272276&GUID=217F0B4F-15D9-4CA3-B8DB-37D6E88E2114> Seconder: Bill Saums <https://ledyardct.legistar.com/PersonDetail.aspx?ID=272277&GUID=C70785B4-9E4F-4F98-AA21-78986FB8912D> |
|
|
|
Action: |
Recommended for Approval |
Moved by Councilor Ryan, seconded by Councilor Saums
Discussion: Board of Education Director of Facilities and Grounds Wayne Donaldson stated the requested $146,558 was to enhance the Ag-Science Program. He stated the List was developed by the Ag-Science Director and included equipment and items to support their curriculum needs.
Councilor Saums went on to note 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:
(1) Authorization to spend these funds from the BOE CNR Ag-Science Account #21070101-58261; and
(2) To appropriate any remaining to the appropriate CNR Account designated for the Agricultural Science (Agri-Science) Program.
Finance Director Matthew Bonin provided some background noting for the Fiscal Year 2021/2022 the town was slated to receive $997,428 in the Agricultural Technology Education (ASTE) grant from the State. He stated at their March 9, 2022 meeting the Town Council authorized the Board of Education to spend 695,736 of the ASTE Funding. He stated the Town Council’s action also included transferring and the remaining balance in the amount of $301,692 from Account 10188210-59300 (Transferred Funds) to Account #2101402-49002 (CNR Transfers In).
Mr. Bonin went on to note that the ASTE Funding was received in three payments. He stated all three payments have been received and the funding has been transferred as previously approved by the Council on March 9, 2022 has already taken place. Therefore, he stated no additional funding needed to be transferred Account #2101402-49002 (CNR Transfers In).
Superintendent of Schools Jason Hartling thanked Mr. Bonin for providing the background regarding the ASTE Funding and he noted that the request to transfer the any remaining to the appropriate CNR Account designated for the Agricultural Science (Agri-Science) Program was extraneous to make sure the funding had been transferred to the appropriate account.
Councilor Saums stated the ASTE Funding must be spent on the Ag-Science program; and he explained rather than use the funding for on-going operational expenses that Ledyard has chosen to spend the funds on capital or one-time expenses. He stated he was comfortable with allocating the ASTE Funding as recommended by the Ag-Science Director.
VOTE: 2 - 0 Approved and so declared
|
Action: Recommended for Approval |
|