Review Agenda Item
Meeting Date: 9/5/2024 - 7:00 PM
Category: Information and Study Items
Type: Action
Subject: Budget: Resolution 24-25-03: Appropriations Limit (Gann Limit)
District Priorities:
Enclosure
File Attachment:
24-25-03 GANN.pdf
15. GANN.pdf
Summary: As required by Proposition 4 (1979), the District must establish a revised Gann - Appropriations Limit for the 2023-24 fiscal year and a projected Gann Limit for the 2024-25 fiscal year. In doing this, the Board must declare that the appropriations for the 2023-24 fiscal year does not exceed the limitations imposed by Proposition 4 (1979). Staff has provided the Gann Limit Calculation for the Board of Trustees to review, in a format approved by the State of California. Based on the forms attached detailing the Gann - Appropriations Limit Calculation, staff believes the appropriations do not exceed the limitations imposed by Proposition 4 (1979)
Funding:
Recommendation: Staff recommends the Governing Board adopt Resolution 24-25-03: 2023-24 Appropriations Limit and declare that the appropriations for the 2024-25 fiscal year does not exceed the limitations imposed by Proposition 4 (1979).
Approvals:
Recommended By:
Signed By:
Carlena Grandey - Administrative Assistant to the Superintendent
Signed By:
Kristi Schwiebert - Superintendent