NOTICE OF SUPPLEMENTAL BUDGET HEARING

NOTICE OF SUPPLEMENTAL BUDGET HEARING — For supplemental budgets proposing a change in any fund’s expenditures by more than 10 percent. A public hearing on a proposed supplemental budget for Ashwood School District No. 8 for the 2019-20 fiscal year will be held at Ashwood Elementary School, 18624 NE Main Street, Ashwood, OR. The hearing will take place on August 28, 2019 a Special Board Meeting at 6:00 p.m. The purpose of the hearing is to discuss the supplemental budget with interested persons. A copy of the supplemental budget document may be inspected or obtained on or after August 29, 2019 at Ashwood Elementary School, 18624 NE Main, Ashwood, OR between the hours of 8:00 a.m. and 12:00 p.m. Revenue Explanation of changes: Neglected to budget for County School Fund. Restricted Grants included $15,000 in Restricted REV from Fed REAP so needed to be reduced in Fund 100 by $15,000 and moved to Fund 200. We did not include our TAP grant awards for $60,000. ESSA Title IV-A Grant was rescinded as ODE determined that our District did not qualify for these funds. We actually received our grant award, so we changed this to reflect the correct amount. Expenditure Explanation of Changes: The Transfer of Funds amounts should have been in Fund 200 not Fund 100. The account for 200/1200/200 Designated Programs REAP was incorrect and needed to be moved to 200/4300. Bus Depreciation grant was originally in Fund 100 and should have been in Fund 200, I have moved it to its correct location. Bus Depreciation Grant revenue was never allocated to expenditures. The Media Grant was entered in revenue but was not allocated in expenditures. Restricted Rev from Fed REAP was not allocated properly in expenditures and was also the incorrect amount. Published August 21, 2019.MAP126019

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Publication: Hearing/Meetings 1

Section: Legals

Start Date: 2019/08/21

End Date: 2019/08/21

Owner: Ashwood School District

City: ASHWOOD

County: Jefferson