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Board adopts conflict‑of‑interest policy language after extended discussion; edits to be reviewed again
Summary
The board considered board policy 1.1.6.7 on conflicts of interest, debated Gamut template language about disclosures for entities that manage public investments, and approved a substitute motion to duplicate a managed‑investment disclosure into the conflict‑of‑interest code; the item will return for a first reading where required edits and filing steps will be clarified.
At its Feb. 9 meeting the San Bernardino County Board of Education reviewed proposed revisions to board policy 1.1.6.7 (conflict of interest). The discussion focused on disclosure language, where certain managed‑investment disclosure paragraphs should live in the overall code, and the origin of the draft text.
Member De Leon raised concerns about a passage that requires "publicly identify[ing] each financial interest that gives rise to a conflict or potential conflict of interest in detail sufficient to be understood by…
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