|
|
|
|
|
|
Meeting Date:
|
6/17/2013 - 7:30 PM
|
Category:
|
Untitled
|
Type:
|
Action
|
Subject:
|
16.1 Public Hearing Regarding Adoption of the 2013-2014 Budget.
|
LCAP (Local Control Accountability Plan) Goal:
|
|
Enclosure
|
See item on Budget Adoption 2013-2014
|
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.
|
Fiscal Impact
:
|
N/A
|
Recommendation:
|
Approve 2013-2014 Budget as presented.
|
Approvals:
|
Recommended By:
|
Signed By:
|
|
Bryan Richards - Chief Financial Officer
|
|
Signed By:
|
|
John Bernard - Interim Superintendent
|
|
|
|
|
|
|
|