Agenda Item
Meeting Date:
6/13/2016 - 7:00 PM  
Category:
Business/Action Items  
Type:
Action  
Subject:
18.3 Public Hearing Resolution 15/16-48 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.
 
Policy:
 
Enclosure:
EPA Spending Plan Letter 2016
Resolution 15/16-48 Education Protection Account (EPA)
 
File Attachment:
DOC 061316 Resolution 151648 Education Protection Account (EPA).pdf
DOC 61316 EPA Report.pdf
 
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 for 2016-17.  
Funding:
Proposition 30 Economic Protection Account Resource 1400.  
Fiscal Impact:
$41,092,971.  
Recommendation
For information only.  
Approvals:
Recommended By:
Signed By:
Nance Juner - Director of Fiscal Services
Signed By:  
Dr. Nellie Meyer - Superintendent
 
Vote Results: