Agenda Item
Meeting Date:
6/22/2010 - 7:30 PM  
Category:
Untitled  
Type:
Action  
Subject:
16.6 Adoption of the 2010-2011 Budget.  
LCAP (Local Control Accountability Plan) Goal:
 
Policy:
 
Enclosure:
2010-11 Adopted Budget under separate cover.  
File Attachment:
BudgetAdoption1011_20100617 (2).pdf
 
Summary:
The 2010-2011 proposed budget includes earlier actions taken by the Board of Education for 2010-11; the Governor's May Revise; and costs associated with moving from one year to the next, such as moving employees' salaries through the salary schedule and changes in employee benefit rates. The Cost-of-Living Adjustment (COLA) at -.39%m and the deficit factor of 22.205% result in a decrease to the revenue limit. The district revenue budget will be revised within 45 days of the state budget adoption to reflect the actual revenue to be received.  
Funding:
The budget covers all funds of the District.  
Fiscal Impact:
N/A  
Recommendation
Approve 2010-2011 Budget as presented.  
Approvals:
Recommended By:
Signed By:
Bryan Richards - Chief Financial Officer
Signed By:  
Steven Lawrence - Superintendent
 
Vote Results:

Original Motion
Member Linda Mayo Moved, Member Richard Allen seconded to approve the Original motion 'Approve Resolution to Utilize Flexibility Authorized by SBX3 4 as presented.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 5 Nay: 0.
The motion Carried 5 - 0
   
Richard Allen     Yes
Sherry Whitmarsh     Yes
Paul Strange     Yes
Linda Mayo     Yes
Gary Eberhart     Yes