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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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10.8 Review and Potential Approval of Resolution 22/23-17 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 Once the committed fund-balance constraints are imposed, revisions need to be approved in the same manner as originally made.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 22, 2022 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 22/23-17 Designating Certain General Funds as Committed Fund Balance. |
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Approvals:
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Recommended By: |
Signed By: |
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Anastasia Carter - Administrative Assistant - Fiscal Services |
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Signed By: |
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Mika Arbelbide - Director of Fiscal Services |
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Signed By: |
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Dr. Lisa Gonzales - 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 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 | |
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