Summary
School Board returns $402,240 to School Capital Reserve Fund
At June 30 year-end, Botetourt County Schools had a surplus of $402,240.65. That money will go back into a specially designated fund the county has for the school division called the Botetourt County Capital Reserve Fund.See the full content of this document
Extract
Botetourt News
If needed, the school division can be reapportioned with the permission of the Board of Supervisors.
Currently the account has between this year and last year has over $1.8 million in it.The School Board voted to place the overage funds in the county's special school coffer at the July 9 meeting.Another $10,716 has been returned to the fund from the underspent appropriation for construction at James River High School.Important school dates include teacher orientation Aug. 10 for new hires; teachers return Aug...See the full content of this document
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