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Meeting Date:
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Category:
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Type:
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Subject:
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17.2 Public Hearing Resolution 14/15-53 Education Protection Account. |
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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 14/15-53 Education Protection Account
Education Protection Account Spending Letter June 2015 |
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File Attachment:
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Summary:
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The passage of Proposition 30 created the Education Protection Account. The act requires the board declare by resolution its intended use of the funds. |
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Funding:
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Proposition 30 Economic Protection Account Resource 1400. |
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Fiscal Impact: |
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$37,341,662. Reallocated from Unrestricted General Fund. |
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Recommendation
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Hold public hearing for Resolution 14/15-53 Education Protection Account. |
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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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