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Meeting Date:
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5/15/2019 - 7:00 PM
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Category:
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BOARD MEMBER REPORTS
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Type:
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Action
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Subject:
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12.6 2019-2020 Appropriation of Fund Balance
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District Goals:
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Enclosure
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File Attachment:
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Rationale:
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Funding:
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Resolution:
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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.
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Approvals:
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Recommended By:
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Signed By:
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Board of Education - Office of the Board
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Vote Results:
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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 | | | Dr. Rosalba Corrado Del Vecchio | Yes | Dr._Ammir Rabadi | Yes | Kevin Cacace | Yes | Andrea Brown | Yes | Edgar Santana | Yes | Pasquale Mondesando | Yes | Rev. Steve Lopez | Yes | |
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