Agenda Item
Meeting Date:
6/22/2022 - 6:00 PM  
Category:
Recognitions and Resolutions  
Type:
Action  
Subject:
10.5 Review and Potential Approval of Resolution 21/22-87 Designating Certain General Funds as Committed Fund Balance  
LCAP (Local Control Accountability Plan) Goal:
 
Policy:
 
Enclosure:
Resolution 21/22-87  
File Attachment:
Resolution 2122-87.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 Once the committed fund-balance constraints are imposed, revisions need to approved in the same manner as originally made. These revisions are being brought forth for board approval.  
Funding:
 
Fiscal Impact:
 
Recommendation
Move to Approve Resolution 21/22-87 Designating Certain General Funds as Committed Fund Balance.  
Approvals:
Recommended By:
Signed By:
Niccole Helton - Administrative Assistant
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 21/22-87 Designating Certain General Funds as Committed Fund Balance.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 4 Nay: 0.
The motion Carried 4 - 0
   
Linda Mayo     Yes
Cherise Khaund     Yes
Keisha Nzewi     Yes
Erin McFerrin     Yes