Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the School Finance topic
No spam. Unsubscribe anytime.
Board accepts July–August financial reports and business administrator certification under New Jersey rules
Summary
The board accepted transfers and monthly financial reports for the months ending July 31 and Aug. 31, 2024, and accepted the School Business Administrator's certification that no line items were over-expended as of Aug. 31, 2024, in compliance with N.J.S.A. and N.J.A.C. requirements.
The Alexandria Township Board of Education accepted the monthly financial reports of the Board Secretary and the Treasurer of School Moneys for the months ending July 31 and Aug. 31, 2024, and approved transfers for those months as submitted by the Superintendent pursuant to N.J.S.A. 18A:22-8-2 and N.J.A.C. 6:20-2.13(3). The agenda text directs the board to certify that no major account or fund has been over-expended and that sufficient funds are available to meet the district's obligations for the remainder of the fiscal year.
Separately, the board accepted the School Business Administrator's certification required by N.J.A.C. 6:20-2.13(D) that, as of Aug. 31, 2024, no line-item account had been over-expended and that sufficient funds were available to meet fiscal obligations. The agenda text identifies these steps as part of routine statutory financial oversight; the item as presented did not provide further line-item detail in the agenda itself.
