Agenda Item
Meeting Date:
5/18/2022 - 5:30 PM  
Category:
BOARD MEMBER REPORTS  
Type:
Action  
Subject:
11.2 2022-2023 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 2020-2021 unassigned General Fund balance, as per the FY 2020-2021 Audit, for the purpose of balancing the 2022-2023 budget.

BE IT FURTHER RESOLVED, That the Board of Education authorizes the Superintendent of Schools to appropriate a portion of the FY 2020-2021 unassigned General Fund balance in an amount not to exceed $9,403,910 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. John Castanaro Moved, Member Kevin Cacace seconded to approve the Original motion 'Whereas the Board of Education finds it necessary to appropriate a portion of the FY 2020-2021 unassigned General Fund balance, as per the FY 2020-2021 Audit, for the purpose of balancing the 2022-2023 budget.

BE IT FURTHER RESOLVED, That the Board of Education authorizes the Superintendent of Schools to appropriate a portion of the FY 2020-2021 unassigned General Fund balance in an amount not to exceed $9,403,910 to close the budget gap.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 9 Nay: 0.
The motion Carried 9 - 0
   
Rev. Steve Lopez     Yes
Kevin Cacace     Yes
Dr. Rosalba Corrado Del Vecchio     Yes
Dr. John Castanaro     Yes
Gail Burns     Yes
Sheila Greenwald     Yes
Amjed Kuri     Yes
Rosemarie Linton     Yes
Lawrence Sykes     Yes