Agenda Item
Meeting Date:
3/15/2011 - 7:30 PM  
Category:
Untitled  
Type:
Action  
Subject:
14.5 2010-11 Second Interim Report and Public Hearing on Transfers Pursuant to ABx3-4  
LCAP (Local Control Accountability Plan) Goal:
 
Policy:
 
Enclosure:
MDUSD Second Interim Report, District Certification of Interim Report.  
File Attachment:
i2-1011-sacsbook.pdf
20110315 budget i2.pdf
 
Summary:
The interim report presents revenue and expenditure projections to the end of the fiscal year and compares these projections to the budget. The projections are made by gathering the best information available at the time from a variety of sources, such as district administrators, county officials, state officials and School Services of California. The year-end projections are then compared to the budget to display the differences and to give the most up-to-date picture of how the district will end the year financially, as well as the two subsequent years.  
Funding:
None.  
Fiscal Impact:
Not Applicable.  
Recommendation
Approval of the District's Positive Certification is recommended.  
Approvals:
Recommended By:
Signed By:
Bryan Richards - Chief Financial Officer
Signed By:  
Steven Lawrence - Superintendent
 
Vote Results:

Original Motion
Member Linda Mayo Moved, Member Cheryl Hansen seconded to approve the Original motion 'Approval of the District's Positive Certification is recommended.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 5 Nay: 0.
The motion Carried 5 - 0
   
Cheryl Hansen     Yes
Sherry Whitmarsh     Yes
Lynne Dennler     Yes
Gary Eberhart     Yes
Linda Mayo     Yes