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Board adopts unaudited 2023–24 actuals, approves instructional‑materials sufficiency and backs Proposition 2 bond

San Mateo-Foster City School District Board of Trustees · September 27, 2024
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Summary

Trustees approved the district's 2023–24 unaudited actuals (adding about $7M to unrestricted balance), adopted a resolution certifying sufficiency of instructional materials, and unanimously passed a resolution supporting Proposition 2; the board also opened a discussion on community access to school fields and reported three closed‑session OAH settlements.

The San Mateo‑Foster City School Board took several formal actions at its Sept. 19 meeting, including adopting the district's unaudited actuals for fiscal 2023–24, certifying sufficiency of instructional materials and passing a resolution in support of Proposition 2.

Finance staff presented the unaudited actuals and explained variances from estimated amounts. Staff said the district will add approximately $7,000,000 to the unrestricted ending balance and about $6,000,000 to…

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