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Board uses committed funds to pay Measure O and election bills
Summary
The Newark Unified board approved a resolution to use committed fund balance to pay bills related to Measure O and the recent board election after members discussed whether bond proceeds might instead cover the costs once released.
The Newark Unified board voted to authorize use of a committed fund balance to pay invoices tied to Measure O and the district—s recent board election.
Staff told the board they had not received an advance estimate for all costs and recommended using committed funds to close out outstanding bills. Member Hill asked if Measure O bond funds could be used instead; staff said Measure O funds have not yet been released to the district and that legal counsel will be consulted to see whether a transfer could be made later.
The board approved the motion to use committed funds; members indicated they will consider setting aside a percentage annually to plan for recurring election costs.
What happens next: Staff said they will follow up with legal counsel about the potential to transfer Measure O proceeds when available and will return to the board with any recommended budgeting changes.
