Meeting Date:   6/22/2010 - 7:30 PM
Category:   Business/Action Items
Type:   Action
Subject:   16.7 Resolution on Maintenance of Fiscal Solvency
Strategic Plan
Policy:  
Enclosure Resolution 09/10-69
File Attachment:  
Solvency Resolution.pdf
Summary In submitting the 2010/11 Adopted Budget and an implementation plan for budget reductions in 2010/11, that includes negotiable items not yet agreed to, the County Office of Education requires that the Board recognizes its fiduciary responsibility to maintain fiscal solvency for the current and subsequent two fiscal years, and pass the attached resolution committing the district to provide detailed reductions at the First Interim Report.
Funding N/A
Fiscal Impact N/A
Recommendation Approve resolution on Maintenance of Fiscal Solvency as presented.
Approvals:  
Recommended By:
Signed By:
Bryan Richards - Chief Financial Officer
Signed By:
Steven Lawrence - Superintendent
Vote Results:  

Original Motion
Member (Gary Eberhart) Moved, Member (Richard Allen) seconded to approve the Original motion 'Approve resolution on Maintenance of Fiscal Solvency as presented.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 5 Nay: 0.
The motion CARRIED 5 - 0
   
Gary Eberhart     Yes
Linda Mayo     Yes
Paul Strange     Yes
Richard Allen     Yes
Sherry Whitmarsh     Yes