Agenda Item
Meeting Date: 10/3/2019 - 7:00 PM
Category: FINANCIAL REPORTS
Type: Action
Subject: Transfer from the Education Fund to the Operations Fund
NCA/AdvancED District Strategic Plan:
Policy:
Enclosure:
File Attachment:
Summary: At the October 18, 2018 School Board Meeting passed resolution 2018-51. This resolution authorized up to $5,400,000 to be transferred during the 2019 budget year from the Education Fund to the Operations Fund. To date, a total of $2,700,000 has been transferred. Mr. Zembala, business manager, will request $2,700,000 be transferred form the Education Fund to the Operations Fund.
Funding:
Recommendation: That the Board approve the transfer of $2,700,000 from the Education Fund to the Operations Fund.
Approvals:
Recommended By:
Signed By:
Ted Zembala - Business Manager
Signed By:
Dr. Peggy Buffington - Superintendent
Vote Results:

Original Motion
Member Donald H. Rogers Moved, Member Michael J. Rogers seconded to approve the Original motion 'That the Board approve the transfer of $2,700,000 from the Education Fund to the Operations Fund.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 7 Nay: 0.
The motion Carried 7 - 0
   
Terry D. Butler     Yes
Michael J. Rogers     Yes
Karen J. Robbins     Yes
Donald H. Rogers     Yes
Stuart B. Schultz     Yes
Rikki A. Guthrie     Yes
Sandra J. Hillan     Yes