Review Agenda Item
1.1 Call to Order
1.2 Roll Call
2.1 Public Comment on Items Scheduled for Discussion in Closed Session
3.1 Conference with Labor Negotiator Regarding Negotiations with CSEA, DTA and Non-re
3.2 Conference with Legal Counsel – Anticipated Litigation: Significant Exposure to L
3.3 Public Employee Appointment Pursuant to Government Code §54957 Personnel Action R
4.1 Adjourn to Closed Session
5.1 The Board of Trustees will Reconvene Open Session at 7:00 p.m.
6.1 Pledge of Allegiance and Roll Call
7.1 Conference with Labor Negotiator Regarding Negotiations with CSEA, DTA and Non-re
7.2 Conference with Legal Counsel – Anticipated Litigation: Significant Exposure to L
7.3 Public Employee Appointment Pursuant to Government Code §54957 Personnel Action R
8.1 Board Member Reports
9.1 Superintendent's Report
10.1 Student Board Member Reports
11.1 Public Comment on Items Not on the Agenda
12.1 Consolidated Motion
12.2 Personnel Report
12.3 Gifts And Donations
13.1 Resolution 20-8 First Interim Budget Report and Budget Revisions for Fiscal Year
14.1 Review of Calendar Events
14.2 Communications/Correspondence
14.3 Legislative Update
14.4 Board Suggestions for Future Board Reports/Meetings
14.5 Date, Time and Place of Next Meetings
15.1 Items not Completed During the First Closed Session will be Carried Over to this
16.1 The Board will Reconvene Open Session and Report Out Any Action Taken During Sec
17.1 Adjourn Meeting
Print
Meeting Date:
12/2/2019 - 6:00 PM
Category:
Business/Action Items
Type:
Action
Subject:
13.1 Resolution 20-8 First Interim Budget Report and Budget Revisions for Fiscal Year 2019-2020
LCAP (Local Control Accountability Plan) Goal
:
Enclosure
Revised 2019-2020 First Interim Budget with Revisions.pdf and 12.2.19 First Interim Budget Report with Revisions.pdf uploaded on 12/2/19
File Attachment:
2019-2020 First Interim Budget with Revisions.pdf
12.2.19 First Interim Budget Report with Revisions.pdf
12.2.19 First Interim Resolution 20-8.pdf
2019-2020 First Interim Budget Report Presentation.pdf
2019-20 First Interim Budget Report 12_2_19.pdf
Summary
:
Education Code Section 42131 requires school districts to assess their financial status twice during the fiscal year. The first interim certification is required to be completed by December 15th, based on financial data through October 31st. The Board of Trustees must certify the interim report as positive, qualified, or negative. A positive certification indicates the school district will be able to meet its financial obligations for the current fiscal year and the two subsequent years.
See Addendum A for First Interim Financial Report for MVLA. The report includes summary information for all funds and a multi-year projection for the General Fund. Also included in the report is a cover letter that highlights the major changes.
Funding
:
The First Interim Report shows that the District will be able to meet its financial obligations for the current fiscal year. The revised multi-year projection supports that the District will be able to meet its financial obligations for the two subsequent years and maintain the minimum State mandated reserve requirement of 3%.
Recommendation
:
Certify that the District will be able to meet its financial obligations for the 2019-2020 fiscal year and adopt Resolution No. 20-8 Budget Revisions, authorizing the recommended budget adjustments.
Approvals:
Recommended By:
Signed By:
Irene Aguilar - Administrative Assistant
Signed By:
Mike Mathiesen - Associate Superintendent
Signed By:
Nellie Meyer - Superintendent
Vote Results:
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