Agenda Item
Meeting Date: 6/17/2013 - 7:30 PM
Category: Business/Action Items
Type: Action
Subject: 16.4 Resolution 12/13-51 Education Protection Account 2013-14
LCAP (Local Control Accountability Plan) Goal:
Policy:
Enclosure: Resolution 12/13-51 Education Protection Account (EPA)
Education Protection Account Spending Plan Letter 6/11/13
File Attachment:
DOC61713 Resolution 12 13 51 Education Protection Account (EPA).doc
DOC 61713 EPA Spending Plan Letter 61113.pdf
Summary: New Resolution and Letter presented to Board for 2013-14.

The passage of Proposition 30 created the Education Protection Account. Although the funds are simply a reallocation of previously unrestricted funds, the act requires the board declare by resolution its intended use of the funds.
Funding: Proposition 30 Economic Protection Account Resource 1400.
Fiscal Impact $26,584,782. Reallocated from Unrestricted General Fund.
Recommendation: Approve Resolution 12/13-51 Education Protection Account 2013-14 as presented.
Approvals:
Recommended By:
Signed By:
Bryan Richards - Chief Financial Officer
Signed By:
John Bernard - Interim Superintendent
Vote Results: