TO:
Board of Trustees
THROUGH:
Jay Fox, Executive Director
FROM:
Viola Miller, CFO
PRESENTER(S):
Robert Lamph, Comptroller
TITLE:
title
Quarterly Disbursement Report - Non-Inventory Vendors - Q4 2025
end
AGENDA ITEM TYPE:
Report
RECOMMENDATION:
Review total disbursements made to non-inventory vendors during Q4 2025
BACKGROUND:
The Board approved resolution R2025-10-04 authorizing disbursements for non-inventory vendor payments in 2025. The resolution requires a quarterly report to the Board on non-inventory disbursements.
DISCUSSION:
The required quarterly report of expenditures to non-inventory vendors is attached. The report shows that disbursements to five vendors have exceeded the board-approved limits. A resolution to ratify the overages will be presented in the March 11, 2026 meeting.
ALTERNATIVES:
None
FISCAL IMPACT:
ATTACHMENTS: