Review Agenda Item
Meeting Date: 9/18/2019 - 7:00 PM
Category: FINANCE
Type: Action
Subject: 12.2 2019-2020 Budget Amendment
District Goals:
Goal 6
To commit to fiscal accountability.
Enclosure
File Attachment:
SPECIAL ORDINANCE-Amending BOE FY20 State Funding for Grant in Aid.docx
Justification Document - FY20 Budget Amendment - BOE Addl Grant in Aid.docx
BOE Revenue Amendment Justification Backup.pdf
Amendment Expenditures.pdf
Special Ordinance No 45-2019.pdf
Rationale: 2019-2020 Budget Amendment
Funding: Allocation of expenditure and revenue appropriations as per the attached documentation.
Resolution: WHEREAS the State Fiscal Year 2019-2020 Enacted Budget (Chapter 50) includes a reappropriation for additional grants in aid to support operating expenses. This reappropriation will provide a total of $600,000 to the Yonkers City School District,

WHEREAS the grant-in-aid is to be appropriated by the Board of Education pursuant to Subdivision 2 of Section 1718 of the Education Law as amended by Chapter 82 of the Laws of 1995 for the use(s) of 2019-2020 general expenses, and,

WHEREAS on September 10, 2019, the Yonkers City Council approved Special ordinance 2019, which amends the City of Yonkers Board of Education by increasing both State funding for Education Revenues and Basic Operating Expenditures by $600,000, respectively, and,

NOW THEREFORE BE IT RESOLVED: That the Board of Education hereby authorizes all Budget Amendments as listed on the attached document.
Approvals:
Recommended By:
Signed By:
Finance Department - Finance Reviewer
Signed By:
John Liszewski - Commissioner
Signed By:
Matthew Gallagher - Corporation Counsel
Signed By:
Dr. Edwin M. Quezada - Superintendent of Schools
Vote Results:

Original Motion
Member Dr. Rosalba Corrado Del Vecchio Moved, Member Judith_Ramos Meier seconded to approve the Original motion 'WHEREAS the State Fiscal Year 2019-2020 Enacted Budget (Chapter 50) includes a reappropriation for additional grants in aid to support operating expenses. This reappropriation will provide a total of $600,000 to the Yonkers City School District,

WHEREAS the grant-in-aid is to be appropriated by the Board of Education pursuant to Subdivision 2 of Section 1718 of the Education Law as amended by Chapter 82 of the Laws of 1995 for the use(s) of 2019-2020 general expenses, and,

WHEREAS on September 10, 2019, the Yonkers City Council approved Special ordinance 2019, which amends the City of Yonkers Board of Education by increasing both State funding for Education Revenues and Basic Operating Expenditures by $600,000, respectively, and,

NOW THEREFORE BE IT RESOLVED: That the Board of Education hereby authorizes all Budget Amendments as listed on the attached document.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 6 Nay: 0.
The motion Carried 6 - 0
   
Rev. Steve Lopez     Yes
Judith_Ramos Meier     Yes
Andrea Brown     Yes
Kevin Cacace     Yes
Dr._Ammir Rabadi     Yes
Dr. Rosalba Corrado Del Vecchio     Yes