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Board approves slate of financial authorizations and banking resolutions
Summary
Directors approved a slate of financial resolutions delegating contracting and purchasing authority to the superintendent and designating banking authorities and depositories (Resolutions 2025-0005 through 2025-0012) by unanimous roll call vote on Jan. 6, 2025.
Director Abdul Abdi moved to approve a slate of financial authorizations covering contracting, purchasing and grant-seeking authority (Resolution 2025-0005); appointment of deputy treasurer roles (2025-0006); facsimile signature authorization (2025-0007); electronic funds transfers (2025-0008); designation of depositories (2025-0009); and banking authorizations for Wells Fargo, U.S. Bank and the Minnesota School District Liquid Asset Fund (Resolutions 2025-0010 through 2025-0012). The board adopted the slate on a roll call vote with nine ayes and no opposition.
The slate consolidates routine financial administrative delegations for 2025, enabling the superintendent and designated finance officers to execute contracts and manage banking operations within the limits set by the resolutions. The minutes record adoption by roll call but do not include the text of each resolution beyond titles and numbers.
