Agenda Item
Meeting Date: 5/26/2020 - 6:30 PM
Category: Business Services
Type: Action
Subject: 14.2 Adopt Resolution 2019-20-31 for year-end budget adjustments for fiscal year 2019-20.
Strategic Plan Reference:
Organizational Core Value #1: We believe student success is the primary focus of all our efforts.
Priorities: Instruction #1: Prioritize the District and site budgets to meet students' needs.
Policy:
Attachment Supporting Materials: Resolution 2019-20-31 Year-End Budget Adjustments
File Attachment:
Resolution 2019-30-31 Year-End Budget Adjustments.pdf
Summary: At the close of the fiscal year a district may, under Education Code Sections 42601-42602, identify and submit to the County Superintendent of Schools appropriation transfers as approved by the Board of Trustees. The transfers are between the District’s designated, unappropriated fund balances, and/or any expenditure classifications that are necessary to permit the payment of obligations of the District that were incurred during that school year. Any such transfers will be submitted to the Board of Trustees for ratification as part of the unaudited actuals. Transferring funds in this manner reduces audit exceptions and allows the District to pay its obligations.
Fiscal Impact/Source: None
Recommendation: The administration recommends the Board of Trustees of the Beaumont Unified School District adopt resolution 2019-20-31 for the year-end budget adjustments for fiscal year 2019-20.
Approvals:
Recommended By:
Signed By:
Lauren Young - None
Signed By:
Carmen Ordonez - Director of Fiscal Services
Signed By:
Penni Harbauer - Assistant Superintendet
Signed By:
Terrence Davis - Superintendent
Vote Results:

Original Motion
Member Steven Hovey Moved, Member David Sanchez seconded to approve the Original motion 'The administration recommends the Board of Trustees of the Beaumont Unified School District adopt resolution 2019-20-31 for the year-end budget adjustments for fiscal year 2019-20.'. The vote was: Aye: 5 Nay: 0.
The motion Carried 5 - 0
   
Janelle Poulter     Yes
Susie Lara     Yes
David Sanchez     Yes
Steven Hovey     Yes
Brian Sylva     Yes