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Meeting Date:
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6/28/2011 - 7:30 PM
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Category:
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Untitled
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Type:
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Action
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Subject:
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15.10 Public Hearing Regarding Adoption of the 2011-2012 Budget
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LCAP (Local Control Accountability Plan) Goal:
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Enclosure
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See Item regarding Adoption of the 2011-2012 Budget.
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File Attachment:
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Summary:
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The 2011-2012 proposed budget includes earlier actions taken by the Board of Education for 2011-2012; the Governor's May Revise; and costs associated with moving from one year to the next, such as moving employees' salaries through schedule and changes in employee benefit rates. The Cost-of-Living Adjustment (COLA) at 2.24%, and the deficit factor of 19.754%. Additionally, reserves are set aside equivalent to a cut of $330 per ADA pending outcome of the State budget. The district revenue budget will be revised within 45 days of the state budget adoption to reflect the actual revenue to be received.
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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
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Recommendation:
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2011-2012 Budget as presented.
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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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