Board adopts unaudited 2023–24 actuals, approves instructional‑materials sufficiency and backs Proposition 2 bond
September 27, 2024 | San Mateo-Foster City, School Districts, California
This article was created by AI summarizing key points discussed. AI makes mistakes, so for full details and context, please refer to the video of the full meeting. Please report any errors so we can fix them. Report an error »
The San Mateo‑Foster City School Board took several formal actions at its Sept. 19 meeting, including adopting the district's unaudited actuals for fiscal 2023–24, certifying sufficiency of instructional materials and passing a resolution in support of Proposition 2.
Finance staff presented the unaudited actuals and explained variances from estimated amounts. Staff said the district will add approximately $7,000,000 to the unrestricted ending balance and about $6,000,000 to restricted balances; auditors are scheduled to validate the numbers in October and those amounts will be incorporated into the 2024–25 first interim budget. Staff answered questions about the district's nonspendable revolving account (about $45,000) and reserve policy (state minimum 3%; district policy aims for at least 6%). The board adopted the unaudited actuals by voice vote (4 yeses).
The board opened and closed a public hearing on the sufficiency of textbooks and instructional materials (no public comments) and approved Resolution No. 052425 certifying the district has sufficient materials for instruction.
Trustees also unanimously approved a resolution supporting Proposition 2, the 2024 school and community college facilities bond act, citing the district's significant facility needs and potential state matching funds.
On facilities policy, the board began a discussion about expanding community access to district fields and tracks outside school hours, reviewing a joint‑use toolkit and considering a pilot at selected sites; trustees raised maintenance, safety and equity considerations and proposed further fact‑finding with neighboring districts.
After reconvening from closed session the board reported unanimous approval of three Office of Administrative Hearings compromise agreements to resolve claims against the district (case nos. 2024070945, 2024070267 and 2024070434) with totals not to exceed $15,000; $23,750; and $20,500 respectively.
Finance staff presented the unaudited actuals and explained variances from estimated amounts. Staff said the district will add approximately $7,000,000 to the unrestricted ending balance and about $6,000,000 to restricted balances; auditors are scheduled to validate the numbers in October and those amounts will be incorporated into the 2024–25 first interim budget. Staff answered questions about the district's nonspendable revolving account (about $45,000) and reserve policy (state minimum 3%; district policy aims for at least 6%). The board adopted the unaudited actuals by voice vote (4 yeses).
The board opened and closed a public hearing on the sufficiency of textbooks and instructional materials (no public comments) and approved Resolution No. 052425 certifying the district has sufficient materials for instruction.
Trustees also unanimously approved a resolution supporting Proposition 2, the 2024 school and community college facilities bond act, citing the district's significant facility needs and potential state matching funds.
On facilities policy, the board began a discussion about expanding community access to district fields and tracks outside school hours, reviewing a joint‑use toolkit and considering a pilot at selected sites; trustees raised maintenance, safety and equity considerations and proposed further fact‑finding with neighboring districts.
After reconvening from closed session the board reported unanimous approval of three Office of Administrative Hearings compromise agreements to resolve claims against the district (case nos. 2024070945, 2024070267 and 2024070434) with totals not to exceed $15,000; $23,750; and $20,500 respectively.
View the Full Meeting & All Its Details
This article offers just a summary. Unlock complete video, transcripts, and insights as a Founder Member.
✓
Watch full, unedited meeting videos
✓
Search every word spoken in unlimited transcripts
✓
AI summaries & real-time alerts (all government levels)
✓
Permanent access to expanding government content
30-day money-back guarantee
