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Meeting Date:
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9/7/2021 - 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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12.2 Approval of Resolution #21-22:03, 2021-2022 Appropriations Limit
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Strategic Goals:
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3. Fiscal Responsibility We manage our fiscal resources responsibly and align budget decisions with District goals and priorities.
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Enclosure
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File Attachment:
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Rationale:
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The purpose of the Gann Limit (Proposition 4, 1979) was to limit the growth in government funding. This limit applies not only to the State of California, but also cities, counties, special districts and school districts.
The District is required to calculate its appropriations limit and funds subject to the limit for Fiscal Year 2020-2021 and estimate its appropriations limit for Fiscal Year 2021-2022.
Each year, the District's appropriations limit is increased for both inflation and for population. Inflation for these purposes is currently the annual percentage change in California per capita personal income. For school districts, change in average daily attendance (ADA) is used as a measurement for the change in population.
The starting point for the District's 2020-2021 limit calculation is the District's 2019-2020 appropriations limit; and then it is adjusted by the 2020-2021 inflation factor and by the District's percentage change in ADA to arrive at the 2020-2021 appropriations limit.
A second calculation is made to determine that current year (2021-2022) revenues that are subject to the limit do not exceed the limit.
Staff completed the calculations and found that the District does not exceed the limit for 2020-2021 appropriations and 2021-2022 appropriations projections.
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Budgetary Impact:
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Recommendation:
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It is recommended the Board of Education approve Resolution #21-22:03, 2021-22 Appropriations Limit.
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Approvals:
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Recommended By:
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Signed By:
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Melissa Vera - Secretary to 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 Yolanda Rodriguez-Peña Moved, Member Xilonin Cruz-Gonzalez seconded to approve the Original motion 'It is recommended the Board of Education approve Resolution #21-22:03, 2021-22 Appropriations Limit.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 4 Nay: 0. | | The motion Carried 4 - 0 | | | | | Xilonin Cruz-Gonzalez | Yes | | Yolanda Rodriguez-Peña | Yes | | Adrian Greer | Yes | | Sabrina Bow, Ed.D. | Yes | |
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