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Board approves two resolutions shifting funds into Capital Projects Fund
Summary
The board approved a resolution abating funds from the Working Cash Fund to the Capital Projects Fund and a separate resolution transferring funds from the Educational Fund to the Capital Projects Fund; motions recorded and approved on Aug. 21.
At the Aug. 21 meeting the board approved two separate resolutions moving district funds into the Capital Projects Fund. The first resolution authorized abatement of funds in the Working Cash Fund and transferring those funds to the Capital Projects Fund; the motion was recorded as "Motion made by Bourlard, seconded by Brandon to approve the Resolution authorizing Abatement of Funds in the Working Cash Fund and Transferring these Funds to the Capital Projects Fund as presented." The second resolution authorized transfer of funds from the Educational Fund to the Capital Projects Fund; minutes record "Motion made by Harris, seconded by Bourlard to approve the Resolution Authorizing Transfer Of Funds from the Educational Fund to the Capital Projects Fund as presented."
The minutes do not indicate the dollar amounts moved for either resolution. Both motions are recorded as approved in the meeting minutes; the motions and approvals appear under business item VIII.d and VIII.e. For specific transfer amounts and the intended capital projects funded, request the district's resolution documents or motion sheet.
