Agenda Item
Meeting Date:
9/14/2022 - 6:00 PM  
Category:
Recognitions and Resolutions  
Type:
Action  
Subject:
10.8 Review and Potential Approval of Resolution 22/23-17 Designating Certain General Funds as Committed Fund Balance  
LCAP (Local Control Accountability Plan) Goal:
 
Policy:
 
Enclosure:
Resolution 22/23-17  
File Attachment:
Resolution 22_23-17.pdf
 
Summary:
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 Once the committed fund-balance constraints are imposed, revisions need to be approved in the same manner as originally made.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 22, 2022 board meeting, these are being brought forth for board approval.  
Funding:
 
Fiscal Impact:
 
Recommendation
Move to Approve Resolution 22/23-17 Designating Certain General Funds as Committed Fund Balance.  
Approvals:
Recommended By:
Signed By:
Anastasia Carter - Administrative Assistant - Fiscal Services
Signed By:  
Mika Arbelbide - Director of Fiscal Services
Signed By:  
Dr. Lisa Gonzales - Chief Business Officer
Signed By:  
Dr. Adam Clark - Superintendent
 
Vote Results:

Original Motion
Member Cherise Khaund Moved, Member Linda Mayo seconded to approve the Original motion 'Move to Approve Resolution 22/23-17 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