Moves unclaimed property funds from their original funds into the General Fund for 2024-25
The board is approving a resolution that moves unclaimed property funds from the funds that held them into the General Fund, as California Government Code Section 50053 allows. The official text points to an exhibit for the details and does not state a dollar amount.
Plain-English summary written by AI from the official text. AI summary · amounts checked against official text
- Action
- Resolution or policy
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- Budget, finance & payments
- Presented by
- Chief Financial Officer
- File
25-1505· agendaL.-43- Outcome
- Adopted on the General Consent Report, Jun 25, 2025
Official text
Approval by the Board of Education of Resolution No. 2425-0137 - Transfer of Unclaimed Property Funds From Their Respective Fund(s) To the General Fund pursuant to California Government Code Section 50053 [as reflected in Exhibit A, for Fiscal Year 2024-2025].
History
- Adopted on the General Consent Report