|
|
|
|
|
|
|
|
|
Meeting Date:
|
6/23/2020 - 7:00 PM
|
|
Category:
|
DISCUSSION / ACTION ITEMS
|
|
Type:
|
Action
|
|
Subject:
|
10.1 Adoption of the 2020-2021 Budget
|
|
:
|
|
|
Attachment Summary
|
|
|
File Attachment:
|
|
|
Quick Summary / Abstract:
|
Staff will present our District's 2020-2021 Budget for adoption.
|
|
Background:
|
The Board of Education is required to adopt a budget for the 2020-2021 school year prior to July 1, 2020.
Whenever a budget is presented for adoption, State law requires members of the public be provided an opportunity to address our Board of Education with any comments and concerns they may have about the proposed budget. A Public Hearing for this purpose was announced by the Alameda County Office of Education in local newspapers in accordance with Education Code Section 42103. The Public Hearing was held June 23, 2020.
|
|
Status
:
|
The proposed 2020-2021 budget will include the Governor's May
Revision as well as the Department of Finance's revenue projections.
It is challenging to complete our budget planning just as final details
of the State budget are revealed. Our District's budget is being
submitted as a placeholder budget, which will be replaced by a 45-
day revision once the Governor has signed the State budget.
Due to COVID-19, the State has extended the LCAP process and deadline.
Due to the drastic cuts to K-12 Education as part of the May Revise we are working on tentative agreements for concessions from all bargaining units and management in order to maintain positive fiscal certification.
Our District will continue to maintain its current programs as well as incorporate budget solutions and reductions based on the Local Control Accountability Plan (LCAP) and Board-established budget priorities.
|
|
Fiscal Impact
:
|
Proposed 2020-2021 General Fund Revenues are budgeted at $144,020,049. Proposed 2020-2021 General Fund Expenditures are budgeted at $147,268,992. The ending fund balance is projected to be $4,630,197 of which $4,430,197 is set aside as a 3% reserve and $200,000 is designated for revolving cash and stores inventory.
|
|
Superintendent's Recommendation:
|
Adoption of the District's 2020-2021 budget as presented.
|
|
Approvals:
|
|
Recommended By:
|
|
Signed By:
|
|
|
Jodi Robison - Executive Assistant
|
|
|
Signed By:
|
|
|
Susan Kinder - Assistant Superintendent
|
|
|
Signed By:
|
|
|
Kelly Bowers, Ed.D. - Superintendent
|
|
|
|
|
Vote Results:
|
| Original Motion | | Member Anne White Moved, Member Emily Prusso seconded to approve the Original motion 'Adoption of the District''s 2020-2021 budget as presented.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 5 Nay: 0. | | The motion Carried 5 - 0 | | | | | Craig Bueno | Yes | | Chuck Rogge | Yes | | Chris Wenzel | Yes | | Anne White | Yes | | Emily Prusso | Yes | |
|
|
|
|
|
|
|