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Board approves appropriation transfers and suspends 5% fund balance policy for 2025–26
Summary
The board approved Resolution 2025-2026-036 transferring $1,850,000 within the Special Revenue Fund and $2,500,000 in the Debt Service Fund, and voted to suspend the 5% ending fund balance requirement in policy DBDB for fiscal year 2025–26.
On a unanimous vote the board approved Resolution 2025-2026-036 to transfer $1,850,000 within the Special Revenue Fund and $2,500,000 within the Debt Service Fund. Those transfers were presented as action items and were recorded as Passed, Yea: 5, Nay: 0.
Separately, the board voted to suspend the 5% ending fund balance requirement in policy DBDB for the 2025–26 fiscal year; the suspension was moved by Ana Gonzalez Muñoz and seconded by Francisco Ibarra and recorded as Passed, Yea: 5, Nay: 0. The minutes do not state the specific programs or line items affected by the transfers or by the fund-balance suspension.
