Transportation Vehicle Fund Budget Extension

WOODLAND SCHOOL DISTRICT #404 

RESOLUTION #2523 

TRANSPORTATION VEHICLE FUND BUDGET EXTENSION

WHEREAS,               the 2008-09 Transportation Vehicle Fund budget for Woodland School district was adopted with expenditures in the amount of $1,500,000 and

WHEREAS,               the buses planned to be purchased in the 2009-10 school year were purchased on a lease agreement with payment due between January 31, 2009 and March 31, 2009 and the adopted budget did not allow for the purchase of all 9 buses, and

WHEREAS,               the source of funds for the purchase of these vehicles is available in the Transportation Vehicle Fund cash and investments, as set forth in Form F-200

NOW THEREFORE BE IT RESOLVED that the Transportation Vehicle Fund be extended in the amount of $100,000 from $1,500,000 to a total budget expenditure amount of $1,600,000.

Adopted this 23rd day of March, 2009

                                                                        WOODLAND SCHOOL DISTRICT #404

                                                                        BOARD OF DIRECTORS

ATTEST:

 

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Secretary to the Board                                                Chairperson

 

                                                                        __________________________________

                                                                        Director

 

                                                                        __________________________________

                                                                        Director

 

                                                                        __________________________________

                                                                        Director

 

                                                                        __________________________________

                                                                        Director