Mountain View Whisman School District

Agenda Item for Board Meeting of 6/17/2021

Agenda Category:  CONSENT AGENDA

Agenda Item Title:  Resolution No. 04-061721 to Authorize Temporary Borrowing Between School District Funds

Estimated Time:  5 minutes

Person Responsible:  Rebecca Westover, Ed. D., Chief Business Officer

Background: 

This resolution would allow temporary transfers between any funds of the District as instructed by the Superintendent or his designee and authorizes the Santa Clara County Treasurer to honor warrants drawn on those funds regardless of their cash balances, provided the aggregate cash balance of all those funds is positive.