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HomeMy WebLinkAboutRes 22-77 Head of School authorization to spend up to $50,000 Fiscal Year Budget 2023TOWN OF WESTLAKE RESOLUTION NO.22-77 A RESOLUTION OF THE BOARD OF TRUSTEES OF WESTLAKE ACADEMY APPROVING THE HEAD OF SCHOOL TO AUTHORIZE APPROPRIATED FUNDS UP TO $50,000 AS IT RELATES TO THE FISCAL YEAR 2023 BUDGET. BE IT RESOLVED BY THE BOARD OF TRUSTEES OF WESTLAKE ACADEMY: WHEREAS, Section 44.002 of the Education Code of the Texas Education Agency Texas School Law Bulletin stated the budget must be prepared according to generally accepted accounting principles, and WHEREAS, the budget was approved by the Board of Trustees August 8, 2022 according to Texas Education Agency's Financial Accountability System Resource Guide, Section 2.6.2 — TEA Legal Requirements; and WHEREAS, the Board of Trustees finds that the passage of this Resolution is in the best interest of the citizens of Westlake as well as the students, their parents, and faculty and staff of Westlake Academy. i NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTEES OF WESTLAKE ACADEMY: SECTION 1:' That, all matters stated in the recitals hereinabove are found to be true and correct and are incorporated herein by reference as if copied in their entirety. SECTION 2: That the Town Council hereby gives the Head of School authorization to approve any appropriated funds up to the amount of $50,000. SECTION 3: If any portion of this Resolution shall, for any reason, be declared invalid by any court of competent jurisdiction, such invalidity shall not affect the remaining provisions hereof and the Council hereby determines that it would have adopted this Resolution without the invalid provision. SECTION 4: That this resolution shall become effective from and after its date of passage. Resolution 22-77 Page 1 of 2 PASSED AND APPROVED ON THIS 19TH DAY OF DECEMBER 2022. aOF INS ATTEST: r„y ti Amy M. Cana, Board Secretary APPROVED AS TO FORM: L. Stanton Lowry, Town Attorney Sean Kilbride, President Resolution 22-77 Page 2 of 2