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Board approves EdTech resolution and schedules Oct. 7 special meeting to finalize actions

JAL Public Schools Board · September 23, 2024
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Summary

The board approved a resolution to pursue EdTech funding collection and moved to hold a special board meeting on Oct. 7 at 5:00 p.m. to finalize documents and notify the state treasurer; staff said EdTech funds currently show a cash balance of about $9.2 million and projected next-year revenue around $8 million.

The JAL Public Schools board approved a resolution to proceed with collection and internal movement of EdTech funds and scheduled a special board meeting for Oct. 7 at 5:00 p.m. to finalize the required documents.

Staff member S5 summarized the EdTech position, telling the board that the EdTech fund is currently at about $9.2 million in cash balance and that the program is projected to bring in roughly $8 million next school year. S5 noted that some technology and audiovisual components for the indoor athletic facility are expected to be paid from EdTech allocations.

Presenter S1 explained that today’s action was primarily a formal acknowledgment allowing the district to pursue the process and that the special meeting on Oct. 7 will be a single-item meeting to approve related documents and to submit required notifications to the state treasurer’s office.

The board voted to approve the resolution and set the Oct. 7 special meeting time. Staff said the resolution and timeline are already in the board packet and that further details will be shared at the special meeting.

What happens next: staff will finalize the documentation tied to the EdTech resolution and present any required supporting detail at the Oct. 7 meeting for formal approval and state notification.