Agenda Item
Meeting Date:
5/19/2021 - 5:00 PM  
Category:
BOARD MEMBER REPORTS  
Type:
Action  
Subject:
10.4 2021-2022 Appropriation of Fund Balance  
District Goals:
 
Enclosure:
 
File Attachment:
 
Rationale:
 
Funding:
 
Resolution
Whereas the Board of Education finds it necessary to appropriate a portion of the FY 2019-2020 unassigned General Fund balance, as per the FY 2019-2020 Audit, for the purpose of balancing the 2021-2022 budget.

BE IT FURTHER RESOLVED, That the Board of Education authorizes the Superintendent of Schools to appropriate a portion of the FY 2019-2020 unassigned General Fund balance in an amount not to exceed $8,600,915 to close the budget gap.
 
Approvals:
Recommended By:
Signed By:
Finance Department - Finance Reviewer
Signed By:  
John Liszewski - Commissioner
Signed By:  
Dr. Edwin M. Quezada - Superintendent of Schools
 
Vote Results:

Original Motion
Member Dr. Rosalba Corrado Del Vecchio Moved, Member Sheila Greenwald seconded to approve the Original motion 'Whereas the Board of Education finds it necessary to appropriate a portion of the FY 2019-2020 unassigned General Fund balance, as per the FY 2019-2020 Audit, for the purpose of balancing the 2021-2022 budget.

BE IT FURTHER RESOLVED, That the Board of Education authorizes the Superintendent of Schools to appropriate a portion of the FY 2019-2020 unassigned General Fund balance in an amount not to exceed $8,600,915 to close the budget gap.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 8 Nay: 0.
The motion Carried 8 - 0
   
Gail Burns     Yes
Lakisha Collins-Bellamy     Yes
Sheila Greenwald     Yes
Dr. John Castanaro     Yes
Abdool H. Jamal     Yes
Dr. Rosalba Corrado Del Vecchio     Yes
Kevin Cacace     Yes
Rev. Steve Lopez     Yes