Citizen Portal
Sign In

Get Full Government Meeting Transcripts, Videos, & Alerts Forever!

Get email alerts on the Board Business topic

No spam. Unsubscribe anytime.

Board adopts recognition resolutions, interfund authorization and CSBA cash reserve participation; schedules budget study session

Loma Prieta Joint Union School District Board · April 17, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Trustees adopted resolutions honoring Teacher Appreciation Week and Classified Employee Week, approved an interfund transfer authorization for cash‑flow flexibility (res. 25‑23), approved participation in CSBA's cash reserve/TAN program for 2025–26 (res. 25‑24) to support near‑term cash flow for the water well project, and rescheduled the budget study session; consent items were approved.

The board moved through a set of routine and finance items, including two recognition resolutions and several finance actions.

Trustees adopted Resolution 25‑21 recognizing Teacher Appreciation Week (May 5–9, 2025) and Resolution 25‑22 recognizing Classified School Employee Week (May 18–24, 2025). The board also approved Resolution 25‑23, which authorizes temporary interfund transfers (due‑to/due‑from tracking and end‑of‑fiscal‑year closeouts) to manage cash flow if needed.

On Resolution 25‑24 trustees voted to participate in the California School Boards Association 2025–26 cash reserve (a local TAN facility) to help bridge state reimbursement timing and support the water well project's cash‑flow needs; staff discussed scenarios ($900,000; $1.2M; $1.6M) and noted the marginal additional cost of taking a larger TAN in the example presented. The board also approved a date change for the upcoming budget study session to accommodate a school performance; consent agenda items were adopted.