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Meeting Date:
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9/10/2014 - 7:30 PM
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Category:
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Business/Action Items
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Type:
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Action
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Subject:
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16.4 Adoption of Resolution #14/15-4 Adopting the District's 2013-2014 Appropriations Limit Calculation (GANN Limit)
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LCAP (Local Control Accountability Plan) Goal:
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Strategic Initiative 5.2 Optimal Operations and Infrastructure Ensure Fiscal stability and accountability through effective stewardship of financial assets and funding sources.
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Enclosure
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Resolution 14/15-4 is attached.
Form GANN is part of the Unaudited Actual Financial Report issued under separate cover.
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File Attachment:
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Summary:
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School agencies are required to perform Gann Limit calculations by the State Constitution. It is important that school agencies do these calculations to identify how much state aid counts toward the agency's Gann Limit, so that the state of California knows how much state aid counts toward its own Gann Limit.
The Gann Limit calculation is designed to limit the growth in government spending. This limit on government spending, which became known as Gann Appropriation Limits or simply Gann Limits, applies not only to the state of California, but also to cities, counties, and special districts, as well as to school districts and county offices of education (ref. Article XII B of the State Constitution). A school agency's Gann Limit is increased for both inflation and population. Inflation for these purposes is currently the annual percentage change in California per capita personal income. And for school agencies, change in ADA is used as a measurement of the change in population.
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Funding:
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N/A
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Fiscal Impact
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None
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Recommendation:
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Approve adoption of Resolution #14/15-4 adopting the 2013-2014 appropriation limit calculation (Gann Limit).
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Approvals:
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Recommended By:
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Signed By:
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Nance Juner - Director of Fiscal Services
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Signed By:
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Dr. Nellie Meyer - Superintendent
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Vote Results:
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| New Motion | | Member Linda Mayo Moved, Member Lynne Dennler seconded to approve the New motion 'Approve adoption of Resolution #14/15-4 adopting the 2013-2014 appropriation limit calculation (Gann Limit).'. Upon a Roll-Call Vote being taken, the vote was: Aye: 5 Nay: 0. | | The motion Carried 5 - 0 | | | | | Linda Mayo | Yes | | Lynne Dennler | Yes | | Cheryl Hansen | Yes | | Brian Lawrence | Yes | | Barbara Oaks | Yes | |
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