Review Agenda Item
Meeting Date: 6/3/2025 - 7:00 PM
Category: Consent Agenda A - Routine Business
Type: Action
Subject: (Item A-20) Resolution 2025-67 Temporary Interfund Transfers (Mrs. Juarez) Action to provide for temporary borrowing between funds.
:
Enclosure Resolution 2025-67 Temporary Interfund Transfers.
File Attachment:
Resolution 2025-67.ada.pdf
Summary: Should the District experience a strain on cash, this resolution will allow temporary borrowing between any and all funds.
Funding: The amount borrowed must be repaid within the same fiscal year or following fiscal year if the temporary borrowing takes place within the final 120 days of the fiscal year.
Recommendation: Staff recommends the adoption of Resolution 2025-67 Temporary Interfund Transfers.
Approvals:
Recommended By:
Signed By:
Dao Xiong - Controller/Director III
Signed By:
April Juarez - Executive Director of Fiscal Services
Signed By:
Neil Young - Superintendent