Agenda Item
Meeting Date:
6/26/2017 - 7:00 PM  
Category:
Business/Action Items  
Type:
Action  
Subject:
18.3 2017-2018 Budget  
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:
2017-2018 Budget  
File Attachment:
MDUSD 17-18 Adopted Budget 6-26-17.pdf
 
Summary:
The 2017-2018 Proposed Budget was presented at the June 12, 2017 Board Meeting. The budget includes earlier actions taken by the Board of Education for 2017-2018; the Governor's May Revise; and costs associated with moving from one year to the next, such as moving employees' salaries through the salary schedule and changes in the Local Control Funding Formula (LCFF) and changes in the employee benefit rates.  
Funding:
The 2017-2018 Adopted Budget covers all funds of the District.  
Fiscal Impact:
Not applicable.  
Recommendation
Adopt the 2017-2018 Budget.  
Approvals:
Recommended By:
Signed By:
Nance Juner - Director of Fiscal Services
Signed By:  
Dr. Nellie Meyer - Superintendent
 
Vote Results:

New Motion
Member Cheryl Hansen Moved, Member Linda Mayo seconded to approve the New motion 'Adopt the 2017-2018 Budget.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 4 Nay: 0.
The motion Carried 4 - 0
   
Linda Mayo     Yes
Joanne Durkee     Yes
Cheryl Hansen     Yes
Debra Mason     Yes