Review Agenda Item
Meeting Date: 9/27/2022 - 6:00 PM
Category: Finance and Operations
Type: Action
Subject: 11.13 Resolution to add to List of Depositories FY 2022-2023
Strategic Plans:
Priority 1.2
1.2 Adopt a sustainable fiscal strategy and operating budget that is aligned with the strategic plan and drives district priorities.
Enclosure Resolution to add to List of Depositories FY 2022-2023
File Attachment:
Resolution - Add NJARMS as Depositories for FY 2022-2023.pdf
Summary: The Newark Board of Education would like to add the following bank as depository for the 2022-2023 fiscal year; New Jersey Asset & Rebate Management Program
Funding :
Recommendation to the Board: To approve and add the additional depository for the fiscal year 2022-2023
Approvals:
Recommended By:
Signed By:
Maria Arce - Coordinator of Business Services
Signed By:
Pablo Canela - Executive Controller
Signed By:
Valerie Wilson - School Business Administrator
Signed By:
Roger León - Superintendent
Vote Results:

Original Motion
Member Hasani Council Moved, Member Josephine Garcia seconded to approve the Original motion 'To approve and add the additional depository for the fiscal year 2022-2023'. Upon a Roll-Call Vote being taken, the vote was: Aye: 8 Nay: 0.
The motion Carried 8 - 0
   
Josephine Garcia     Yes
Flohisha Johnson     Yes
Asia J. Norton     Yes
A'Dorian Murray-Thomas     Yes
Hasani Council     Yes
Vereliz Santana     Yes
Daniel Gonzalez     Yes
Crystal Williams     Yes