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Meeting Date:
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9/14/2015 - 5:30 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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18.5 Adoption of Gann Resolution 15/16-4
Adopting the District's 2014-15 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 No. 15/16-4
Form Gann - School District Appropriations Limit Calculations
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File Attachment:
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Summary:
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The Gann Limit is intended to constrain the growth in state and local government spending by linking year-to-year changes in expenditures to changes in inflation. Established in 1979 following the enactment of Proposition 13 and subsequently amended by Proposition 111, the Gann Limit has become a largely pro forma calculation that no longer constrains governmental expenditures.
Current law (Education Code section 42132) requires that the governing board of each school district adopt a resolution to identify the appropriations limit for the district for the preceding fiscal year. School agencies complete these calculations to identify how much state aid counts toward the local agency's Gann Limit, so that the state of California knows how much state aid counts toward its own Gann Limit. Mt. Diablo Unified is within our limit.
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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 No. 5/16-4 adopting the 2015-16 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 Debra Mason Moved, Member Brian Lawrence seconded to approve the New motion 'Approve adoption of Resolution No. 5/16-4 adopting the 2015-16 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 | | Cheryl Hansen | Yes | | Brian Lawrence | Yes | | Barbara Oaks | Yes | | Debra Mason | Yes | |
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