Review Agenda Item
Meeting Date: 6/8/2020 - 5:30 PM
Category: Business/Action Items
Type: Action
Subject: 15.2 Public Hearing - District Budget for the 2020-2021 School Year
LCAP (Local Control Accountability Plan) Goal:
Enclosure
File Attachment:
Summary: A public hearing is scheduled to give the public the opportunity to provide input on the budget for the coming year. California school districts are required by the Education Code to adopt their budgets for the coming year by June 30. Submitted by Associate Superintendent Mike Mathiesen.

California school districts are required by the Education Code to adopt their budgets for the coming year by June 30. The County Superintendent will then examine the budgets and give
notice of approval or disapproval by August 15. Education Code Sections 42127 and 52062 require the Governing Board of each school district to hold a public hearing on the annual Budget of the school district at a separate meeting prior to Budget adoption.

Budgets for all funds of the District are presented for Board consideration and adoption. Included in this document are our guidelines and assumptions for the 2020-2021 school year as
well as 2021-2022 and 2022-2023.

Copies of the budget are available for public review at the district office and on the district website at www.mvla.net

This budget represents the revenue and expenditure plan for fiscal year 2020-2021. It shows that the District will be able to meet all of its obligations for the next three years, maintaining both the state-required minimum 3% Reserve for Economic Uncertainty and a positive General Fund balance beyond dollars committed to categorically restricted programs.
Funding:
Recommendation: Conduct a Public Hearing.
Approvals:
Recommended By:
Signed By:
Irene Aguilar - Administrative Assistant
Signed By:
Mike Mathiesen - Associate Superintendent
Signed By:
Nellie Meyer - Superintendent
Vote Results: