Agenda Item
Meeting Date:
9/9/2024 - 7:00 PM  
Category:
Business/Action Items  
Type:
Action  
Subject:
20.2 Resolution No. 24/25-6 Adoption of the Gann Appropriations  
LCAP (Local Control Accountability Plan) Goal:
 
Enclosure:
 
File Attachment:
GANN Resolution 24-25-6.pdf
GANN Updates.pdf
 
Summary:
Each California school district is annually required to make two calculations.

The first is a recalculation of the Gann Appropriations Limit for the prior fiscal year based on actual rather than estimated financial information. If the recalculated Gann Appropriations Limit exceeds the original calculation, action has to be taken to increase the Gann Appropriations Limit. If the recalculated amount does not exceed the original calculation, the Board of Trustees must simply adopt the recalculated amount.

The second calculation is the estimated Gann Appropriations Limit for the current fiscal year. The Board of Trustees must approve a resolution establishing this Gann Appropriations Limit. This calculation will be revisited next fall when actual financial data for current year is known.

The Gann appropriation calculation for the 2023-2024 fiscal year shows that no adjustment is necessary.
 
Funding:
 
Recommendation
That the Board of Trustees Adopt Resolution No. 24/25-6, Gann Appropriations Limit.  
Approvals:
Recommended By:
Signed By:
Irene Aguilar - Administrative Assistant
Signed By:  
Mike Mathiesen - Associate Superintendent
Signed By:  
Eric Volta - Superintendent
 
Vote Results: