|
|
|
|
| Meeting Date: |
Tuesday, June 22, 2010 - 7:30 PM |
| Category:
|
Business/Action Items |
| Type:
|
Action |
| Subject:
|
16.7 Resolution on Maintenance of Fiscal Solvency |
|
:
|
|
| Enclosure:
|
Resolution 09/10-69 |
| File Attachment:
|
|
| 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 | |
|
|
|
|
|
|