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Board fills budget committee vacancy, adopts minimum fund-balance policy changes
Summary
The board declared budget committee position 13 vacant and appointed Eric Solomon as the Educational Equity Committee representative; it also approved policy changes setting a 10% minimum ending fund balance and required reporting if the balance is expected to fall below 8%. Both votes passed 7-0.
At the Jan. 15 meeting, Executive Director of Finance and Business Services Matt Macara presented a two-step action to declare budget committee position 13 vacant and appoint a representative from the Educational Equity Committee. Macara said the previous holder no longer served on the Educational Equity Committee and therefore could not…
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