Mountain View Whisman School District
Agenda Item for Board Meeting of 6/16/2022
Agenda Category: CONSENT AGENDA
Agenda Item Title: Resolution No. 03-061622 to Authorize Temporary Borrowing Between School District Funds
Estimated Time:
Person Responsible: Ron Wheelehan, Interim 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.
Fiscal Implication:
None.
Recommended Action:
It is recommended that the Board of Trustees approve Resolution No. 03-061622 to Authorize Temporary Borrowing between School District Funds.
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