File #: 19-1372    Version: 1 Name:
Type: Report Status: Committee Approval
File created: 11/21/2019 In control: Clipper Executive Board
On agenda: 12/16/2019 Final action:
Title: Clipper(r) Unregistered Inactive Funds Disbursement Request Board approval of a third disbursement of money, representing balances on unregistered inactive Clipper cards, from the Clipper Float Account to the Clipper Operating Budget, while also setting aside funds within the Float Account as a reserve to cover past and potential future use of inactive Clipper cards.
Attachments: 1. 3b_Clipper-MTG-CEB_2019_Inactive_Funds_Dist.pdf

Subject:

Title

Clipper® Unregistered Inactive Funds Disbursement

 

Request Board approval of a third disbursement of money, representing balances on unregistered inactive Clipper cards, from the Clipper Float Account to the Clipper Operating Budget, while also setting aside funds within the Float Account as a reserve to cover past and potential future use of inactive Clipper cards.

 

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Presenter:

Presenter

David Weir

 

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Recommended Action:

Action

Board Approval

 

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Attachments: