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Committee supports awarding $269 from 12 inactive scholarship accounts as a single scholarship
Summary
CFO Julia Cardillo reported there are 33 scholarship accounts, 12 inactive with a combined balance of $269; the Finance Committee supported awarding the combined funds as one scholarship and closing the inactive accounts.
Julia Cardillo, Chief Financial Officer, reported that the district maintains 33 scholarship accounts and that 12 of them have been inactive for a number of years. Cardillo said the 12 inactive accounts hold a combined balance of $269 and proposed awarding that total as a single scholarship and closing the inactive accounts.
The minutes state the Finance Committee supported the plan. The record does not identify a named student recipient, the intended scholarship criteria, or whether the award requires additional approval at a later meeting.
