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Meeting Date:
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Category:
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Recognitions and Resolutions |
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Type:
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Subject:
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10.3 Review and Potential Approval of Resolution 23/24-11 Designating Certain General Funds as Committed Fund Balance |
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LCAP (Local Control Accountability Plan) Goal:
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Enclosure:
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File Attachment:
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Summary:
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Board policy 3100 provides for the classification of fund balances in the general fund in compliance with Governmental Accounting Standards Board (GASB). Once the committed fund-balance constraints are imposed, revisions need to be approved in the same manner as originally made. In addition to the Commitments approved by the Governing Board at the June 28, 2023 board meeting, these are being brought forth for board approval. |
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Funding:
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Recommendation
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Move to Approve Resolution 23/24-11 Designating Certain General Funds as Committed Fund Balance. |
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Approvals:
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Recommended By: |
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Signed By: |
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Anastasia Carter - Administrative Assistant - Fiscal Services |
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Signed By: |
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Nancy Chen - Chief Accountant |
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Signed By: |
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Adrian Vargas - Chief Business Officer |
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Signed By: |
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Dr. Adam Clark - Superintendent |
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Vote Results:
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| Original Motion | | Member Debra Mason Moved, Member Linda Mayo seconded to approve the Original motion 'Move to Approve Resolution 23/24-11 Designating Certain General Funds as Committed Fund Balance.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 5 Nay: 0. | | The motion Carried 5 - 0 | | | | | Linda Mayo | Yes | | Debra Mason | Yes | | Cherise Khaund | Yes | | Keisha Nzewi | Yes | | Erin McFerrin | Yes | |
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