ࡱ> /1.[ bjbj  .pa!\pa!\ppppp80QSSSSSS$wpwppFppQQ/o;^=0\OX\\px"ww\> 6:  _______________________ SCHOOL DISTRICT RESOLUTION NO. ________ RESOLUTION TO ESTABLISH TEMPORARY INTERFUND TRANSFERS ON MOTION of Member ____________________, seconded by Member __________________, the following resolution is hereby adopted: WHEREAS, the governing board of any school district may direct that moneys held in any fund or account may be temporarily transferred to another fund or account of the district for payment of obligations as authorized by Education Code Section 42603; and WHEREAS, the transfer shall be accounted for as temporary borrowing between funds or accounts and shall not be available for appropriation or be considered income to the borrowing fund or account; and WHEREAS, amounts transferred shall be repaid either in the same fiscal year, or in the following fiscal year if the transfer takes place within the final 120 calendar days of a fiscal year; NOW THEREFORE, BE IT RESOLVED that the Governing Board of the _______________________ School District, in accordance with the provisions of Education Code section 42603 adopts the following authorization for fiscal year 2020-21 to temporarily transfer funds between any and all funds provided that all transfers are approved by the Superintendent or his/her designee: (List applicable funds, amount transferred, and source of repayment) PASSED AND ADOPTED by the Governing Board on _____________ 20_______, by the following vote: AYES: NOES: ABSENT: STATE OF CALIFORNIA COUNTY OF SANTA CLARA I, ____________________________, Clerk/Secretary of the Governing Board, do hereby certify that the foregoing is a full, true, and correct copy of a resolution passed and adopted by the Board at a regularly called and conducted meeting held on said date. 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