With regard to excess net cash resources, Local Education Agencies should develop a spending plan to eliminate their net cash resources in excess of the amount allowed by June 30, 2014.
The District has submitted a two year spending plan to the CDE, Mr. James Rickner, Nutrition Services Analyst. This plan is being submitted with the evidence packet being pulled together. The first phase of spending down the excess balances shall occur in May of this year; the second phase will occur over the summer months when students are not present. Recall that the District had planned a major kitchen renovation at the high school, and will be accumulating excess balances in order to pay for those renovations in the future.
Agency responses received are posted verbatim.