School Board Approves Transfer of Funds

GREEN FOREST, Ark.  – The Green Forest School Board approves a transfer of over $355,000 to the building fund.

The carryover balance from the last school year now stands at 2.7 million dollars – about 20% of the district’s budgeted expenditures.

The state recommends those carryover balances to be between 15 to 20 percent.

In addition, the board approved the transfer for various district facilities projects, such as building additions, remodels and furnishings.

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