Item Coversheet

Santa Barbara Unified School District


Item Title:Approval of Resolution No. 2012/13-13 of the Governing Board of the Santa Barbara Unified School District Regarding Budget Reductions to Maintain Fiscal Solvency
Agenda Title:Approval of Resolution No. 2012/13-13 of the Governing Board of the Santa Barbara Unified School District Regarding Budget Reductions to Maintain Fiscal Solvency
Background:
The Santa Barbara County Education Office (SBCEO) in an intermediary agency between the State Department of Education and the twenty school districts located within the County of Santa Barbara boundaries that are under the direction of the county superintendent of schools.
 
The county superintendent is responsible for examining and approving school district budgets and expenditures. The passage of Assembly Bill 1200 (1991) gave the county superintendent additional powers to enforce sound budgeting to ensure the fiscal integrity of the Santa Barbara Unified School District (SBUSD). Each year, SBCEO reviews the SBUSD’s budget and interim reports as part of the state-mandated oversight of fiscal solvency.
 
SBCEO requires assurance that the SBUSD will implement the necessary budget reductions to maintain fiscal solvency in order to positively certify the district’s second interim report.
Recommendation:Staff recommends the board approve Resolution No. 2012/13-13 of the Governing Board of the Santa Barbara Unified School District Regarding Budget Reductions to Maintain Fiscal Solvency.
Resource Person:Meg Jette, Assistant Superintendent of Business
Fiscal Impact:$2.1M in budget reductions in 2013-2014.
Funding Source:

ATTACHMENTS:
File Name
Budget_Rdctns___Fiscal_Solvncy_Res_2012-13_13.pdf