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Richland Board accepts First Interim financial report, votes to impound $97,423.79
Summary
The board approved the 2024–25 First Interim Financial Report and adopted Resolution No. 2024‑18 directing the county auditor to impound $97,423.79 under Education Code Section 14240 pending dispute resolution; both actions passed 4-0.
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Chief Business Official Martin Rodriguez presented the district's First Interim Financial Report for 2024–25 and said the budget revisions certify the district can meet its financial obligations for the current and next two fiscal years. The board accepted and approved the report on a 4-0 vote.
Mr. Rodriguez also recommended Resolution No. 2024‑18, citing Education Code Section 14240, to instruct the County Auditor to impound local tax revenues totaling $97,423.79 while an administrative protest or court action is resolved. The board approved the resolution by roll call: Aguirre, Criswell, DeWitt and Maldonado voting yes; Rodriguez‑Root absent.
