Review Agenda Item
Meeting Date: 3/15/2023 - 5:30 PM
Category: DIVISION OF EQUITY AND ACCESS - CURRICULUM, INSTRUCTION, SCHOOL SUPERVISION
Type: Action
Subject: 17.3 Consolidation of Inactive Scholarships
District Goals:
Goal 1 Student Achievement
Strengthen academic outcomes and graduation pathways through culturally responsive and sustaining curriculum and instruction.
Enclosure
File Attachment:
Inactive Scholarships 2023.docx
YPS Leadership Scholarship 2023.doc
BOCS Worksheet Inactive Scholarships.xlsx
Rationale: Term: 2022-2023
Amount: $45,866.37
Scope: Inactive Scholarships have been part of both internal/external
Audit concerns for several years. As such, this year Auditors concluded
BOE must consolidate such scholarship funds after exhaustive outreach
to Sponsors. As of February 2023, BOE, Finance Department and
Administrations have exhausted outreach and conclude to consolidate
identified inactive scholarships and create The Yonkers Public Schools
Leadership Scholarship (see attached) to be awarded to one student per
high School, awarded in the May 2023 Club 90 Awards by a Board Member
And every year to follow; until funds are exhausted.
Funding: Existing Inactive Scholarship Funds held by Finance Dept.
Resolution: WHEREAS the Board of Education wishes to consolidate the funds of the inactive scholarships of the: Gladys Stein Scholarship, Howard S. Cohen Scholarship, J. Moren Scholarship, Joan E. Chertok Scholarship, John E. Daniel Scholarship, Nicolette R. Murray Scholarship, Phillip Soohoo Memorial Scholarship, Five Star Scholarship, Eve Forman Scholarship, Frank Santilli Scholarship, G. Sherman Scholarship, Malone Scholarship, Melia Scholarship, Rose Mehmeyer Scholarship

WHEREAS the district administration has been directed by the Finance Department by external/internal audit concerns to conduct outreach. Exhaustive outreach has been conducted with no response. BOE met with Auditors and Finance Department and concluded to consolidate inactive scholarships and award to deserving students at the Yonkers Public Schools during the end of the 2022-2023 school year.

WHEREAS the Board of Education authorizes the Superintendent of Schools to enter into an agreement to consolidate inactive scholarship funds.

NOW THEREFORE BE IT RESOLVED: That the Board of Education hereby authorizes the Superintendent of Schools to consolidate funds of the above stated inactive scholarships.

It is acknowledged and agreed that pursuant to the terms of that certain intermunicipal agreement by and between the City of Yonkers Board of Education (“BOE”) and the City of Yonkers (the “City”) as filed in the Office of the City Clerk on June 16, 2014, the terms of this agreement are subject to review and revision by the Corporation Counsel, as well as approval by the City’s Board of Contract and Supply. Furthermore, this Agreement shall not be enforceable until signed by both parties and approved by the Corporation Counsel’s Office.
Approvals:
Recommended By:
Signed By:
Roseanne Collins-Judon - Assistant Superintendent
Signed By:
Tom Collich - Purchasing Director
Signed By:
Finance Department - Finance Reviewer
Signed By:
Elizabeth Janocha - Deputy Commissioner
Signed By:
John Liszewski - Commissioner
Signed By:
Matthew Gallagher - Corporation Counsel
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 wishes to consolidate the funds of the inactive scholarships of the: Gladys Stein Scholarship, Howard S. Cohen Scholarship, J. Moren Scholarship, Joan E. Chertok Scholarship, John E. Daniel Scholarship, Nicolette R. Murray Scholarship, Phillip Soohoo Memorial Scholarship, Five Star Scholarship, Eve Forman Scholarship, Frank Santilli Scholarship, G. Sherman Scholarship, Malone Scholarship, Melia Scholarship, Rose Mehmeyer Scholarship

WHEREAS the district administration has been directed by the Finance Department by external/internal audit concerns to conduct outreach. Exhaustive outreach has been conducted with no response. BOE met with Auditors and Finance Department and concluded to consolidate inactive scholarships and award to deserving students at the Yonkers Public Schools during the end of the 2022-2023 school year.

WHEREAS the Board of Education authorizes the Superintendent of Schools to enter into an agreement to consolidate inactive scholarship funds.

NOW THEREFORE BE IT RESOLVED: That the Board of Education hereby authorizes the Superintendent of Schools to consolidate funds of the above stated inactive scholarships.

It is acknowledged and agreed that pursuant to the terms of that certain intermunicipal agreement by and between the City of Yonkers Board of Education (“BOE”) and the City of Yonkers (the “City”) as filed in the Office of the City Clerk on June 16, 2014, the terms of this agreement are subject to review and revision by the Corporation Counsel, as well as approval by the City’s Board of Contract and Supply. Furthermore, this Agreement shall not be enforceable until signed by both parties and approved by the Corporation Counsel’s Office.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 8 Nay: 0.
The motion Carried 8 - 0
   
Rev. Steve Lopez     Yes
Kevin Cacace     Yes
Dr. Rosalba Corrado Del Vecchio     Yes
Dr. John Castanaro     Yes
Gail Burns     Yes
Sheila Greenwald     Yes
Lawrence Sykes     Yes
Rosemarie Linton     Yes