Moves about $1.07M in unclaimed payment funds from stale-dated checks into the General Fund

The Board adopts a resolution moving money from old district checks that were never cashed (stale-dated warrants) into the General Fund, as California law allows, for 2019-20 as of May 31, 2020. The resolution and its Exhibit A list 2,680 warrants totaling $1,069,434.46. The official text also prints an earlier count of 2,690 warrants and $1,104,758.00, which is the figure in the public newspaper notice and not the amount being transferred.

Plain-English summary written by AI from the official text. Reviewed Oct 4, 2026

Corrected Oct 4, 2026: Amount corrected from $1,104,758 to $1,069,434.46, the total in the attached resolution and Exhibit A.

Discrepancy from the official text. The official text lists two check counts (2,690 and 2,680) and two amounts ($1,104,758.00 and $1,069,434.46); the attached resolution and Exhibit A show 2,680 warrants totaling $1,069,434.46, while the earlier figures come from the public notice. (Confirmed by a reviewer.)

Action: Resolution or policy
Category: Budget, finance & payments
This vote: $1,069,434.46
Presented by: Chief Financial Officer
File: 20-1265 · agenda P.-1
Outcome: Adopted on the General Consent Report, Aug 12, 2020

Official text

Adoption by the Board of Education of Resolution No. 2021-0009 - Transfer Unclaimed Property Funds From Their Respective Fund(s) To The General Fund Pursuant To California Government Code Section 50053, for Fiscal Year 2019-2020, for 2,690 2680 stale dated warrants, in the cumulative amount of $1,104,758.00, $1,069,434.46, as specified in attached Exhibit A, as of May 31, 2020.

History

Aug 12, 2020 Adopted on the General Consent Report

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