Moves $164,824.08 in unclaimed stale-dated warrants into the District's General Fund

The Board approves moving $164,824.08 from the funds where it sits into the General Fund, as California Government Code Section 50053 allows. The money is from stale-dated warrants (checks that were never cashed) for fiscal year 2020-21. The details are in an exhibit to the resolution.

Plain-English summary written by AI from the official text. AI summary · amounts checked against official text

Notes on the official text

The title says 'As of May 31, 2021', a date after the April 14, 2021 meeting, but the action text gives the amount and fiscal year without that date, so what is being voted on is unchanged.

Action: Resolution or policy
Category: Budget, finance & payments
Term: Jul 1, 2020 – Jun 30, 2021
This vote: $164,824.08
Presented by: Chief Financial Officer
File: 21-0505 · agenda V.-9
Outcome: Adopted on the General Consent Report, Apr 14, 2021

Official text

Approval by the Board of Education of Resolution No. 2021-0190 - Transfer of Unclaimed Property Funds From Their Respective Fund(s) To the General Fund Pursuant to California Government Code Section 50053, in the amount of $164,824.08 (unclaimed stale dated warrants), for Fiscal Year 2020-2021, as reflected in Exhibit A.

History

Apr 14, 2021 Adopted on the General Consent Report

This is an independent project created to provide transparency to the OUSD Community, and is not affiliated with Oakland Unified District. All data used to create the Consent Report Tracker is made public by Legistar, OUSD's official platform for posting legislative records. Plain-English summaries are written by AI with narrow parameters based upon the official text of the reports. Read about how all this works.