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Meeting Date:
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9/11/2018 - 6:30 PM
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Category:
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Board Policies, Second Readings
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Type:
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Action
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Subject:
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7.12 Second Reading BP/AR 3100 - Budget
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Strategic Plan:
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Enclosure
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BP 3100
AR 3100
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File Attachment:
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Summary:
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In section "Budget Development and Adoption," revise last paragraph of section to reflect Education code 42127, as amended by SB 78 (Ch. 19, Statues of 2015), as follows: If the County Superintendent disapproves or conditionally approves the district's budget, the Board shall review and respond to his/her recommendations at a public meeting on or before (September) OCTOBER 8. The response shall include any revisions to the adopted budget and any other proposed actions to be taken as a result of those recommendations.
In section "Budget Review Committee for Disapproved Budgets," revise 4th paragraph of section to reflect Education Code 42127.3, as amended by SB 78 (Ch. 19, Statues of 2015), as follows: If the SPI disapproves the district budget after reviewing the committee's report and the district's response, the Board shall consult with the County Superintendent as he/she develops and adopts, by (November 30) DECEMBER 31, a fiscal plan and budget that will allow the district to meet its financial obligations. For the current fiscal year, the district shall operate in accordance with the budget adopted by the County Superintendent.
Policy updated to reflect NEW LAW (SB 751) which provides that, if the amount of monies in the state Public School System Stabilization Account is three percent or more of the combined total of general fund revenues appropriated for school districts and allocated local proceeds of taxes, the district's combined assigned or unassigned ending general fund balance must not exceed 10 percent of those funds in the immediately following fiscal year, unless the district is a basic aid district, is a district with average daily attendance of 2,500 or less, or is exempted by the county superintendent of schools under extraordinary fiscal circumstances.
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Funding:
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N/A
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Recommendation:
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It is recommended that the Governing Board approve the second reading of BP/AR 3100 - Budget
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Approvals:
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Recommended By:
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Signed By:
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Robin Schreiner_2 - Director of Business Services
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Signed By:
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Marc Lacey - Assistant Superintendent, Administrative Services
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Signed By:
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Jesse M. Najera - Superintendent
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Vote Results:
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| Original Motion | | Member Lynn McKee Moved, Member Mark Staggs seconded to approve the Original motion 'It is recommended that the Governing Board approve the second reading of BP/AR 3100 - Budget'. Upon a Roll-Call Vote being taken, the vote was: Aye: 5 Nay: 0. | | The motion Carried 5 - 0 |
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