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McSwain Board adopts 2026–27 budget and multiple fiscal resolutions
Summary
Trustees approved the district’s 2026–2027 budget and several related resolutions, including Education Protection Account and interfund transfers for cash flow; all fiscal items passed unanimously.
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The McSwain Board of Trustees approved the district’s 2026–2027 Budget and a package of fiscal resolutions during the June 23 meeting. Resolutions approved included Resolution No. 2026-10 (Education Protection Account), Resolution No. 2026-15 (balance in excess of minimum reserve requirements under AB 858), Resolution No. 2026-12 (authorization to sign on behalf of the Governing Board), and Resolution No. 2026-13 (interfund transfers for cash flow). Each motion was recorded as carrying 5-0.
Superintendent Pannu presented Resolution No. 2026-13 and Trustee Hoffar commented on the importance of maintaining adequate cash flow to meet district obligations. The public minutes do not record dollar amounts in the discussion; the votes are listed as Motion carried 5-0 for each fiscal item.
