Governing Board of the Lamont Elementary School District Resolution
The resolution addresses the annual and five-year accounting of development fees for the 2024-2025 fiscal year, specifically for Fund 25, which is the Capital Facilities fund. It includes findings related to Government Code sections 66001(d) and 66006(b), confirming the accuracy of the information, reviewing the annual accounting for the fund, and identifying the purpose of the fees as financing the construction or reconstruction of school facilities to reduce overcrowding. The resolution also discusses the relationship between the fee and its purpose, the sources and amounts of funding anticipated to complete incomplete improvements, and the approximate dates for depositing funds into the appropriate account. It authorizes the Superintendent to take necessary actions to effectuate the resolution.