Agenda Item
Meeting Date:
6/24/2020 - 7:00 PM  
Category:
Special Meeting Business  
Type:
Action  
Subject:
5.6 FY20 Fund 1 to Fund 2 transfer  
Strategic Plans:
 
Enclosure:
 
File Attachment:
 
Public Notes:
 
Funding :
 
Recommendation
To authorize Fund 1 to Fund 2 transfer of a necessary amount to ensure Fund 2 does not end in a negative amount as required by State Statute. It is estimated the transfer will be approximately $204,812 which would occur on June 30, 2020. The transfer is necessary due to an announced withholding in state aid on June 1, 2020, by Governor Parson.  
Approvals:
Recommended By:
Signed By:
Wayne Krueger -
Signed By:  
Dr. Todd Schuetz - Superintendent
 
Vote Results:

Original Motion
Member Ian Saxton Moved, Member Len Matthies seconded to approve the Original motion 'To authorize Fund 1 to Fund 2 transfer of a necessary amount to ensure Fund 2 does not end in a negative amount as required by State Statute. It is estimated the transfer will be approximately $204,812 which would occur on June 30, 2020. The transfer is necessary due to an announced withholding in state aid on June 1, 2020, by Governor Parson.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 7 Nay: 0.
The motion Carried 7 - 0
   
Denney Fales     Yes
Sarah Lamer     Yes
Ian Saxton     Yes
Wade Kiefer     Yes
Len Matthies     Yes
Scott Haggerty     Yes
Susan Whitacre     Yes