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Meeting Date:
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5/30/2018 - 5:00 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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3.1 2018-2019 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 general fund balance for the purpose of balancing the 2018/2019 budget,
BE IT FURTHER RESOLVED: That the Board of Education authorizes the Superintendent of Schools to use the total unassigned fund balance of $24,093,643 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 Dr._Nader_J. Sayegh Moved, Member Pasquale Mondesando seconded to approve the Original motion 'WHEREAS the Board of Education finds it necessary to use the unappropriated general fund balance for the purpose of balancing the 2018/2019 budget,
BE IT FURTHER RESOLVED: That the Board of Education authorizes the Superintendent of Schools to use the total unassigned fund balance of $24,093,643 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 | | | | | Rev. Steve Lopez | Yes | | Pasquale Mondesando | Yes | | Edgar Santana | Yes | | Andrea Brown | Yes | | Dr._Nader_J. Sayegh | Yes | | Kevin Cacace | Yes | | Dr. Rosalba Corrado Del Vecchio | Yes | |
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