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| Meeting Date: |
Tuesday, June 22, 2010 - 7:30 PM |
| Category:
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Business/Action Items |
| Type:
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Action |
| Subject:
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16.4 Public Hearing Regarding Adoption of the 2010-2011 Budget. |
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| Enclosure:
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See Item regarding Adoption of the 2010-2011 Budget. |
| File Attachment:
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| Summary:
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The 2010-2011 proposed budget includes earlier actions taken by the Board of Education for 2010-2011; the Governor's May Revise; and costs associated with moving from one year to the next, such as moving employees' salaries throught the salary schedule and changes in employee benefit rates. The Cost-of-Living Adjustment (COLA) at -.39%, and the deficit factor of 22.205% results in a deccrease 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:
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The Budget covers all funds of the District. |
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Fiscal Impact:
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N/A |
| Recommendation:
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2010-2011 Budget as presented. |
| Approvals:
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Recommended By: |
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Signed By: |
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Bryan Richards - Chief Financial Officer |
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Signed By: |
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Steven Lawrence - Superintendent |
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