|
|
|
|
|
|
Meeting Date:
|
10/29/2014 - 7:30 PM
|
Category:
|
Business/Action Items
|
Type:
|
Action
|
Subject:
|
16.3 Public Hearing Resolution 14/15-20 Education Protection Account.
|
LCAP (Local Control Accountability Plan) Goal:
|
Strategic Initiative 5.2 Optimal Operations and Infrastructure Ensure Fiscal stability and accountability through effective stewardship of financial assets and funding sources.
|
Enclosure
|
Resolution 14/15-20 Education Protection Account Education Protection Account Spending Plan Letter 10/29/14
|
File Attachment:
|
|
Summary:
|
The passage of Proposition 30 created the Education Protection Account. The act requires the board declare by resolution its intended use of the funds.
|
Funding:
|
Proposition 30 Economic Protection Account Resource 1400.
|
Fiscal Impact
:
|
$35,557,471. Reallocated from Unrestricted General Fund.
|
Recommendation:
|
Hold public hearing for Resolution 14/15-20 Education Protection Account.
|
Approvals:
|
Recommended By:
|
Signed By:
|
|
Nance Juner - Director of Fiscal Services
|
|
Signed By:
|
|
Dr. Nellie Meyer - Superintendent
|
|
|
|
|
|
|
|