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Board authorizes payroll certification, limited transfers and wire-transfer signatories
Summary
The board authorized district officers to certify payrolls and set signatories for payroll and other checks, permitted the superintendent to transfer up to $1,000 within the General Fund, and authorized designated officers to effect wire transfers from district accounts.
The Laurens Central Board granted routine financial authorizations needed for day-to-day operations. Actions included authorization for Superintendent William Dorritie to certify payrolls and conference attendance, designation of authorized check signatories (Amy Schlee or Lynda Rathbun or William Dorritie for payroll; two signatures required for other checks), and permission for the superintendent to transfer up to $1,000 within the General Fund. "Authorize the Superintendent to transfer up to $1,000 within the General Fund Budget."
The board also authorized Amy Schlee, Lynda Rathbun and William Dorritie to direct and effect wire transfers of funds from the district's accounts with Community Bank, N.A. and NYCLASS; the motion to approve these authorizations carried 4-0-0. These delegations are standard annual housekeeping that allow district administration to process payroll and short-term cash management.
