HomeMy WebLinkAboutWA Resolution 23-16 FY24 Budget AdoptionWESTLAKE ACADEMY
RESOLUTION NO. 23-16
A RESOLUTION OF THE BOARD OF TRUSTEES OF WESTLAKE ACADEMY
ADOPTING THE PROPOSED BUDGET FOR FISCAL YEAR ENDING JLTNE 30, 2024,
INCLUDING FISCAL AND BUDGETARY POLICIES, COMMITTED AND ASSIGNED
FUND BALANCES.
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 states the budget must be prepared according to generally accepted
accounting principles, and
WHEREAS, the budget must be approved by the Board of Trustees prior to the end of the
entity's fiscal year, according to Texas Education Agency's Financial Accountability System
Resource Guide, Section 2.6.2 — TEA Legal Requirements; and
WHEREAS, the Board of Trustees held a Public Hearing on August 7, 2023; 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 of Westlake
Academy.
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 Board of Trustees of Westlake Academy hereby adopts the
proposed Westlake Academy Annual Operating Budget for the fiscal year ending June 30, 2024,
and appropriates the funds contained therein attached to this resolution as Exhibit "A".
SECTION 3: That the Board of Trustees hereby adopts the Fiscal and Budgetary Policies,
and the Committed and Assigned Fund Balance designations that are also included in "Exhibit A".
SECTION 4: That a copy of the official adopted Fiscal Year 2023-2024 Budget shall be
kept on file in the office of the Town Secretary.
SECTION 5: 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.
WA Resolution 23-16
Page 1 of 2
SECTION 6: That this resolution shall become effective from and after its date of
passage.
PASSED AND APPROVED ON THIS 71h DAY OF AUGUST 2023.
ATTEST:
Amy Piukana, Board Secretary
APPROVED AS TO FORM:
L. Stanton Lowry or Janet S. Bubert,
School Attorney
Sean Kilbride, Mayor
WA Resolution 23-16
Page 2 of 2
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