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Meeting Date:
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9/12/2022 - 7:00 PM
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Category:
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Business/Action Items
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Type:
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Action
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Subject:
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18.3 Resolution 22/23-05 Adoption of the Gann Appropriations
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LCAP (Local Control Accountability Plan) Goal:
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Enclosure
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File Attachment:
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Summary:
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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 the current year is known.
The Gann appropriation calculation for the 2021-2022 fiscal year shows that no adjustment is necessary. As a consequence, our District is required to send a letter to the State Department of Finance increasing our Appropriations Limit. The SACS document detailing the calculations for the limit is available at the district office upon request.
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Funding:
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Recommendation:
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That the Board of Trustees Adopt Resolution No. 22/23-05, Gann Appropriations Limit.
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Approvals:
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Recommended By:
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Signed By:
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Nellie Meyer - Superintendent
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Vote Results:
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| New Motion | | Member Fiona Walter Moved, Member Debbie Torok seconded to approve the New motion 'Adopt Resolution No. 22/23-05, Gann Appropriations Limit.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 4 Nay: 0. | | The motion Carried 4 - 0 | | | | | Fiona Walter | Yes | | Catherine Vonnegut | Yes | | Phil Faillace | Yes | | Debbie Torok | Yes | |
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