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Board adopts routine fiscal resolutions authorizing temporary borrowing and budget delegation

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Summary

The Board approved four routine fiscal resolutions providing temporary borrowing options and administrative authority for budget transfers for fiscal year 2025–26.

The San Marino Unified School District Board of Education approved four routine fiscal resolutions to provide staff with short‑term cash tools and administrative authority for the 2025–26 fiscal year. Dr. Choi presented four resolutions the board approved tonight: (1) authorization to permit temporary interfund borrowing among district funds up to $1,500,000 for cash‑flow purposes; (2) authorization to borrow…

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