Review Agenda Item
Meeting Date: 12/14/2022 - 4:00 PM
Category: Action Items
Type: Action
Subject: 16.7 BUSINESS: Approval of the 2022-23 First Interim Financial Report With a Positive Certification of the Perris Union High School District's Financial Condition (no fiscal impact)
Strategic Plan:
Enclosure
File Attachment:
2022-23 First Interim Report.pdf
Summary: Education Code Sections 3503(g), 42130, and 42131 require the Board of Trustees to certify the District’s ability to meet its financial obligations for the current and two subsequent fiscal years at least twice a year. This certification is done through the interim reporting process. Interim Reports are a mechanism to evaluate ongoing State and/or District budget issues and make adjustments to the operating budget to reflect the actual activity. The reports are reviewed by the County Office of Education and the State Department of Education in accordance with the State adopted Criteria and Standards, which are contained within the Interim Report.

The 2022-23 First Interim Report is for the period ending October 31, 2022, and is being presented to the Board for action.

Mimi Capistrano, Director of Fiscal Services, will give a presentation to the Board of Trustees regarding the 2022-23 First Interim Report.
Funding: No fiscal impact.
Recommendation: It is recommended that the Board of Trustees authorize a positive certification of the 2022-23 First Interim Financial Report, which certifies that based on current projections the District will meet its financial obligations for the current and subsequent two fiscal years.
Approvals:
Recommended By:
Signed By:
Mimi Capistrano - Director - Fiscal Services
Signed By:
Candace Reines - Deputy Superintendent
Signed By:
Grant Bennett - Superintendent
Vote Results:

Original Motion
Member Edward Garcia, Jr. Moved, Member David Nelissen seconded to approve the Original motion 'It is recommended that the Board of Trustees authorize a positive certification of the 2022-23 First Interim Financial Report, which certifies that based on current projections the District will meet its financial obligations for the current and subsequent two fiscal years.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 5 Nay: 0.
The motion Carried 5 - 0
   
Steve Campos     Yes
Anthony T. Stafford, Sr.     Yes
David Nelissen     Yes
Elizabeth Vallejo     Yes
Edward Garcia, Jr.     Yes