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Meeting Date:
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9/19/2017 - 7:00 PM
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Category:
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FINANCE
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Type:
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Action
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Subject:
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14.2 2017-2018 Budget Amendment
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District Goals:
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Goal 6 To commit to fiscal accountability.
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Enclosure
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File Attachment:
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Rationale:
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The State Fiscal Year (SFY) 2017-18 Enacted Budget (A3000-D/S2000-D, Chapter 50) includes a reappropriation for additional grants in aid for certain school districts, public libraries, and not-for-profit institutions (page 843, lines 27-33). This reappropriation will provide a total of $1,500,000 to the Yonkers City School District. The Legislature’s intent is to process these funds through the State Education Department for this school district for the 2017-18 School Year
Therefore, on August 8, 2017, the Yonkers City Council approved Special Ordinance 35-2017, which amends the City of Yonkers Board of Education Budget by increasing both State Funding for Education Revenues and Basic Operating Expenditures by $1,500,000, respectively.
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Funding:
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Allocation of expenditure and revenue appropriations as per the attached documentation.
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Resolution:
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NOW THEREFORE BE IT RESOLVED That all Budget Amendments as listed on the attached document are hereby authorized
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Approvals:
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Recommended By:
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Signed By:
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Andrew Lenney - Budget Director
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Signed By:
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John Liszewski - Commissioner
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Signed By:
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Dr._Andrea_S. Coddett - Deputy Superintendent
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Signed By:
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Dr. Edwin M. Quezada - Superintendent of Schools
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Vote Results:
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| Original Motion | | Member Kevin Cacace Moved, Member John Jacono seconded to approve the Original motion 'NOW THEREFORE BE IT RESOLVED That all Budget Amendments as listed on the attached document are hereby authorized'. Upon a Roll-Call Vote being taken, the vote was: Aye: 9 Nay: 0. | | The motion Carried 9 - 0 | | | | | Andrea Brown | Yes | | Edgar Santana | Yes | | Kevin Cacace | Yes | | James Cavanaugh | Yes | | Pasquale Mondesando | Yes | | Judith_Ramos Meier | Yes | | John Jacono | Yes | | Rev. Steve Lopez | Yes | | Dr._Nader_J. Sayegh | Yes | |
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