Colchester, Connecticut

7.1 Agenda Item - March 2024 Budget Transfers Under $5000

Board of Education Regular Meeting 6:00 PM - REVISED

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agenda FY 2024-25 BoardDocs (BOE meetings) 2025-04-08

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Colchester Public Schools ‐ Budget Transfers Less than $5000

                      Object
Transfer # Org Code                Account Title    School / Department    Amount                                   Reason
                      Code
             251006     40112 Classified Salaries  Finance                $ (1,175.00) Savings on unfilled position
    1
             232006     44540 Advertising          Superintendent         $ 1,175.00 Veterans Advertisement
             251006     40112 Classified Salaries  Finance                $     (1.00) Savings on unfilled position
    2
             251006     44340 Financial Management Finance                $      1.00 Munis overage because of budget rounding
                              Cleaning/Repair                                          New equipment was purchased because existing equipment was
             281007     46420                      Technology             $ (3,000.00)
                              Maintenance                                              damaged beyond repair.
    3                                                                                Move money from existing but unused repair line to the other
                                Other
             281007     42690                        Technology           $ 3,000.00 supplies line where larger project was funded from. Insurance only
                                Supplies/Materials
                                                                                     covered part of damaged equipment from electrical malfunction.
             270007     45627 Transportation Supplies Systemwide          $ (3,612.00) Savings on diesel fuel
    4
             259007     44520 Property Insurance      Systemwide          $ 3,612.00 Increase costs for property insurance.