|
Meeting Date:
|
|
Category:
|
|
Type:
|
|
Subject:
|
16.2 Proposed Adoption of the 2013-14 Budget |
|
|
LCAP (Local Control Accountability Plan) Goal:
|
|
Enclosure:
|
|
File Attachment:
|
|
Summary:
|
The 2013-2014 proposed budget includes earlier actions taken by the Board of Education for 2013-2014; 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) is 1.565%. Revenues are based on the most current information the District has with regard to the implementation of the Local Control Funding Formula (LCFF), which produces a lower revenue number than implementing a reduction to the statewide deficit factor. School Services has recommended budgeting the lower of the two numbers pending resolution of the State budget. |
|
|
Funding:
|
The budget covers all funds of the District. |
|
|
Recommendation
|
Approve 2013-14 Budget as presented. |
|
|
Approvals:
|
Recommended By: |
Signed By: |
|
Bryan Richards - Chief Financial Officer |
|
Signed By: |
|
John Bernard - Interim Superintendent |
|
|
|
|
|
|
|