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Meeting Date:
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12/13/2022 - 5:30 PM
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Category:
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Business and Finance
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Type:
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Info/Action
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Subject:
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14.1 Approval of Azusa Unified School District (AUSD) 2022-2023 First Interim Financial Report
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Strategic Goals:
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3. Fiscal Responsibility We manage our fiscal resources responsibly and align budget decisions with District goals and priorities.
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Enclosure
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File Attachment:
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Rationale:
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It is a requirement under Education Code Sections 35035(g), 42130 and 42131, as amended by Assembly Bill (AB) 1200 (Chapter 1213/1991), that school districts prepare and submit interim financial reports twice annually to their Governing Boards. Azusa Unified School District is submitting the 2022-2023 First Interim Report with a "positive" certification and projects that reserves will meet the minimum 3% for economic uncertainties for the current and two subsequent years, as required by the Los Angeles County Office of Education (LACOE) and the State of California.
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Budgetary Impact:
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No budgetary impact.
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Recommendation:
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It is recommended the Board of Education approve the 2022-2023 First Interim Financial Report.
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Approvals:
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Recommended By:
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Signed By:
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Melissa Vera - Secretary to Assistant Superintendent, Business Services
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Signed By:
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Latasha Jamal - Assistant Superintendent, Business Services
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Signed By:
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Arturo Ortega - Superintendent
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Vote Results:
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| Original Motion | | Member Gabriela Arellanes Moved, Member Adrian Greer seconded to approve the Original motion 'It is recommended the Board of Education approve the 2022-2023 First Interim Financial Report.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 5 Nay: 0. | | The motion Carried 5 - 0 | | | | | Yolanda Rodriguez-Peña | Yes | | Adrian Greer | Yes | | Gabriela Arellanes | Yes | | Sabrina Bow, Ed.D. | Yes | | Sandra Benavides | Yes | |
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