Agenda Item
Meeting Date:
5/15/2019 - 7:00 PM  
Category:
BOARD MEMBER REPORTS  
Type:
Action  
Subject:
12.6 2019-2020 Appropriation of Fund Balance  
District Goals:
 
Enclosure:
 
File Attachment:
 
Rationale:
 
Funding:
 
Resolution
WHEREAS the board of Education finds it necessary to use the unappropriated balance for the purpose of balancing the 2019-2020 budget,

BE IT FURHTER RESOLVED: That the Board of Education authorizes the Superintendent of Schools to use the total unassigned fund balance of $7,806,273 to close a substantive portion of the budget GAP.
 
Approvals:
Recommended By:
Signed By:
Board of Education - Office of the Board
 
Vote Results:

Original Motion
Member Pasquale Mondesando Moved, Member Edgar Santana seconded to approve the Original motion 'WHEREAS the board of Education finds it necessary to use the unappropriated balance for the purpose of balancing the 2019-2020 budget,

BE IT FURHTER RESOLVED: That the Board of Education authorizes the Superintendent of Schools to use the total unassigned fund balance of $7,806,273 to close a substantive portion of the budget GAP.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 7 Nay: 0.
The motion Carried 7 - 0
   
Kevin Cacace     Yes
Pasquale Mondesando     Yes
Dr. Rosalba Corrado Del Vecchio     Yes
Rev. Steve Lopez     Yes
Edgar Santana     Yes
Dr._Ammir Rabadi     Yes
Andrea Brown     Yes