Agenda Item
Meeting Date: 6/22/2010 - 7:30 PM
Category: Business/Action Items
Type: Action
Subject: 16.4 Public Hearing Regarding Adoption of the 2010-2011 Budget.
LCAP (Local Control Accountability Plan) Goal:
Policy:
Enclosure: See Item regarding Adoption of the 2010-2011 Budget.
File Attachment:
20100622 budget hearing 2.ppt
Summary: 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: The Budget covers all funds of the District.
Fiscal Impact N/A
Recommendation: 2010-2011 Budget as presented.
Approvals:
Recommended By:
Signed By:
Bryan Richards - Chief Financial Officer
Signed By:
Steven Lawrence - Superintendent
Vote Results: