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| Meeting Date: |
Monday, March 12, 2012 - 7:30 PM |
| Category:
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Business/Action Items |
| Type:
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Action |
| Subject:
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14.5 Second Interim Report |
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| Enclosure:
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MDUSD Second Interim Report, District Certification of Interim Report. |
| File Attachment:
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| Summary:
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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 year. |
| Funding:
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None. |
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Fiscal Impact:
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Not Applicable.
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| Recommendation:
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Approval of the District's Positive Certification is recommended. |
| Approvals:
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Recommended By: |
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Signed By: |
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Bryan Richards - Chief Financial Officer |
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Signed By: |
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Steven Lawrence - Superintendent |
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| Vote Results:
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| New Motion | | Member (Gary Eberhart) Moved, Member (Linda Mayo) seconded to approve the New motion 'adopted a qualified second interim report.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 5 Nay: 0. | | The motion CARRIED 5 - 0 | | | | | Cheryl Hansen | Yes | | Gary Eberhart | Yes | | Linda Mayo | Yes | | Lynne Dennler | Yes | | Sherry Whitmarsh | Yes | |
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