January 10, 2007

TO:                  Richard W. Rege Jr., Superintendent

FROM:           Stephen N. Nembirkow, Business Manager

RE:                  TRANSFER (6)

Please request permission from the School Committee to do the following transfer of funds:

FROM                                                             TO                                                       AMOUNT

School Choice Account                                    Bellamy Teachers                                 $ 500,000.00

This transfer is to off-set the FY 2007 budget, as previously approved in the FY 2007 Budget Appropriation.  The quarterly payment for School Choice was just received and posted into the account.  As additional quarterly payments are received, additional transfer requests will be made.