Item Title: | Approval of Resolution 2012/2013-11 Adopting the Projected 2011-12 Gann Limit and Revising the 2010-11 Gann Limit |
Agenda Title: | Approval of Resolution 2012/2013-11 Adopting the Projected 2011-12 Gann Limit and Revising the 2010-11 Gann Limit |
Background: |
In accordance with California Education Code Section 42132, the governing board shall adopt a resolution to identify the estimated appropriations limit for the district for the current fiscal year and the actual appropriations limit for the district in the preceding fiscal year.
This is an annual resolution that requires board approval. The calculations referenced in the resolution can be found within the 2011-2012 unaudited actuals
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Recommendation: | Staff recommends the board of trustees approve resolution 2012/2013-11 Adopting the Projected 2012-13 Gann Limit and Revising the 2011-12 Gann Limit. |
Resource Person: | Meg Jette, Assistant Supt. of Business Services |
Fiscal Impact: | |
Funding Source: | |