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Mendota Unified approves First Interim Financial Report with positive certification; developer-fee reporting adopted
Summary
Trustees approved the district's First Interim Financial Report for FY 2024-25 with a "Positive Certification" and approved developer-fee reporting requirements pursuant to Government Code 66001.
At the Dec. 18 meeting the board approved the First Interim Financial Report for fiscal year 2024-25 and recorded a "Positive Certification." Trustees also approved developer-fee reporting requirements as required under Government Code 66001.
The board took the motions by roll call during the action items. The minutes show the financial report was accepted with a positive certification, indicating the district projects it will meet its financial obligations for the current and two subsequent fiscal years under state reporting rules.
