Board approves precautionary $129,490 transfer while staff confirm state liability
Trustees approved moving $129,490 from Fund 1 to Fund 17 as a precaution while removing the corresponding accounts payable until staff determine whether the amount is owed to the state.
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At the Aug. 20 meeting the board approved transferring $129,490 from Fund 1 to Fund 17 as a precaution in case the state issues an invoice for those funds. Vice President Cari Napoles moved the action and Board President Gwyan Rhabyt seconded the motion.
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