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Meeting Date:
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1/15/2019 - 6:30 PM
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Category:
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BOARD POLICIES, FIRST READING
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Type:
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Action
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Subject:
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11.1 First Reading: BP 3220.1 Lottery Funds
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Strategic Plan:
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Enclosure
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BP 3220.1
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File Attachment:
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Summary:
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Policy revised to reflect NEW LAW (AB142) which authorizes the state Lottery Commission to establish the percentage of revenue to be allocated at a level that maximizes revenues to public education. Policy also revised to reflect Title 5 regulations which require auditors to examine whether lottery funds have been expended for the education of students and not for a non-instructional purpose, as defined.
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Funding:
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Recommendation:
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It is recommended that the Governing Board approve the first reading of BP 3220.1 Lottery Funds.
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Approvals:
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Recommended By:
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Signed By:
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Robin Schreiner_2 - Director of Business Services
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Signed By:
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Marc Lacey - Assistant Superintendent, Administrative Services
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Signed By:
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Jesse M. Najera - Superintendent
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Vote Results:
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Original Motion | Member Mark Staggs Moved, Member Brian Boatwright seconded to approve the Original motion 'It is recommended that the Governing Board approve the first reading of BP 3220.1 Lottery Funds.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 5 Nay: 0. | The motion Carried 5 - 0 |
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