Review Agenda Item
Meeting Date: 3/2/2015 - 7:00 PM
Category: Business/Action Items
Type: Action
Subject: 17.7 Second Interim Report
LCAP (Local Control Accountability Plan) Goal:
Strategic Initiative 5.2 Optimal Operations and Infrastructure
Ensure Fiscal stability and accountability through effective stewardship of financial assets and funding sources.
Policy:
Enclosure MDUSD Second Interim Report 2014-2015
District Certification of Interim Report
File Attachment:
MDUSD 2014-15 2nd Interim Report.pdf
1415 Budget 2nd Interim Board Presentation.pdf
Summary: The interim report presents revenue and expenditure projections to the end of the fiscal year and compares these projections to the budget. The projections are made by gathering the best information available at the time from a variety of sources, such as district administrators, county officials, state officials and School Services of California. The year-end projections are then compared to the budget to display the differences and to give the most up-to-date picture of how the district will end the year financially, as well as the two subsequent years.
Funding: None.
Fiscal Impact Not applicable.
Recommendation: Approval of the District's Positive Certification is recommended.
Approvals:
Recommended By:
Signed By:
Nance Juner - Director of Fiscal Services
Signed By:
Dr. Nellie Meyer - Superintendent
Vote Results:

New Motion
Member Debra Mason Moved, Member Linda Mayo seconded to approve the New motion 'Approve the District''s Positive Certification.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 5 Nay: 0.
The motion Carried 5 - 0
   
Linda Mayo     Yes
Cheryl Hansen     Yes
Brian Lawrence     Yes
Barbara Oaks     Yes
Debra Mason     Yes