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Meeting Date:
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9/10/2024 - 5:30 PM
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Category:
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Business and Finance
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Type:
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Action
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Subject:
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10.17 Approval of Designation of Funding to be received in 2024-2025 from the Local Public Safety Protection Act of 2012 (Proposition 30)
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Strategic Goals:
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3. Budget and Finance To be responsible stewards of public funds and maximize the
resources needed to meet our goals, fulfill our priorities, and live up to
our values.
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Enclosure
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File Attachment:
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Rationale:
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The passage of Proposition 30 on November 6, 2012, established the Educational Protection Account (EPA) for the collection and distribution of income and sales tax revenues generated. Proposition 30 provides that revenues received by school districts from the EPA cannot be used for administrative expenses and requires the Board of Education make the spending determination of these funds. Furthermore, districts must also annually publish on its website an accounting of the EPA funds received and how the funds were expended.
The Board of Education must designate the funding received for non-administrative certificated salary and benefits in order to comply with Proposition 30. The EPA expenditure report comes to the Board of Education annually.
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Budgetary Impact:
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The current estimate of EPA funding to be received by the District in 2024-2025 is $21,839,464.
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Recommendation:
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It is recommended the Board of Education approve Designation of Funding to be received in 2024-2025 from Proposition 30.
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Approvals:
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Recommended By:
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Signed By:
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Patricia Loera - Secretary to the Assistant Superintendent, Business Services
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Signed By:
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Latasha Jamal - Assistant Superintendent, Business Services
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Signed By:
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Arturo Ortega - Superintendent
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Vote Results:
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| Original Motion | | Member Gabriela Arellanes Moved, Member Adrian Greer seconded to approve the Original motion 'It is recommended the Board of Education approve Designation of Funding to be received in 2024-2025 from Proposition 30.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 5 Nay: 0. | | The motion Carried 5 - 0 | | | | | Yolanda Rodriguez-Peña | Yes | | Adrian Greer | Yes | | Gabriela Arellanes | Yes | | Sabrina Bow, Ed.D. | Yes | | Sandra Benavides | Yes | |
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