Agenda Item
Meeting Date: 6/17/2013 - 7:30 PM
Category: Business/Action Items
Type: Action
Subject: 16.2 Proposed Adoption of the 2013-14 Budget
LCAP (Local Control Accountability Plan) Goal:
Policy:
Enclosure: Proposed Budget 2013-14
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 2013-14 Budget as presented.
Approvals:
Recommended By:
Signed By:
Bryan Richards - Chief Financial Officer
Signed By:
John Bernard - Interim Superintendent
Vote Results: