Agenda Item
Meeting Date: 6/23/2020 - 7:00 PM
Category: INFORMATION / DISCUSSION ITEMS
Type: Info
Subject: 9.2 PUBLIC HEARING: 2020-2021 Budget Adoption
:
Attachment Summary:
File Attachment:
Budget Assumptions 20-21.pdf
Fund 01.pdf
Fund 11.pdf
Fund 12.pdf
Fund 13.pdf
Fund 14.pdf
Fund 17.pdf
Fund 20.pdf
Fund 21.pdf
Fund 25.pdf
Fund 35.pdf
Fund 51.pdf
Fund 67.pdf
Fund 73.pdf
Multiyear Projection.pdf
Attendance.pdf
Cashflow.pdf
EPA Expenditure Summary.pdf
Criteria and Standards.pdf
ESMOE.pdf
2020-2021 User-Friendly Budget Working Copy.pdf
Quick Summary / Abstract:
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.
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: Members of the public are to be advised of the proposed 2020-2021 budget. The President of the Board of Education opens a Public Hearing, receiving public comments, and closes the Public Hearing.
Approvals:
Recommended By:
Signed By:
Jodi Robison - Executive Assistant
Signed By:
Susan Kinder - Assistant Superintendent
Signed By:
Kelly Bowers, Ed.D. - Superintendent