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Meeting Date:
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Category:
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Consent Agenda A - Routine Business |
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Type:
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Subject:
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(Item A-8) Resolution 2021-29 Temporary Interfund Transfers (Mr. Kahn) Action to provide for temporary borrowing between funds. |
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Enclosure:
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Resolution 2021-29 Temporary Interfund Transfers |
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File Attachment:
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Summary:
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Should the District experience a strain on cash, this resolution will allow temporary borrowing between any and all funds |
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Funding:
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The amount borrowed must be repaid within the same fiscal year or following fiscal year if the temporary borrowing takes place within the final 120 days of the fiscal year. |
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Recommendation
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Staff recommends the adoption of Resolution 2021-29 Temporary Interfund Transfers. |
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Approvals:
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Recommended By: |
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Signed By: |
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April Juarez - Senior Director, Controller |
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Signed By: |
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Leonard Kahn - Chief Business Officer |
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Signed By: |
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Cathy Washer - Superintendent |
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