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Meeting Date:
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6/25/2015 - 5:00 PM
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Category:
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Business/Action Items
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Type:
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Action
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Subject:
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10.1 2015-2016 District Budget
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LCAP (Local Control Accountability Plan) Goal:
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Strategic Initiative 5.2 Optimal Operations and Infrastructure Ensure Fiscal stability and accountability through effective stewardship of financial assets and funding sources.
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Enclosure
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MDUSD 2015-16 Proposed Budget Presentation
MDUSD 2015-16 Proposed Budget
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File Attachment:
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Summary:
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The 2015-16 proposed budget includes earlier actions taken by the Board of Education for 2015-16; the Governor's May Revise; and costs associated with moving from one year to the next, such as moving employee's salaries through the salary schedule and changes in the employee benefit rates, current information the District has with implementing the Local Control Funding formula (LCFF) and changes in the employee benefit rates. The Cost of Living Adjustment (COLA) is 1.02%.
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Funding:
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The Budget covers all funds of the District.
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Fiscal Impact
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N/A
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Recommendation:
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Adopt the MDUSD 2015-16 Proposed Budget as presented.
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Approvals:
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Recommended By:
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Signed By:
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Nance Juner - Director of Fiscal Services
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Signed By:
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Dr. Nellie Meyer - Superintendent
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Vote Results:
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| New Motion | | Member Barbara Oaks Moved, Member Debra Mason seconded to approve the New motion 'Adopt the MDUSD 2015-16 Proposed Budget. '. Upon a Roll-Call Vote being taken, the vote was: Aye: 4 Nay: 0. | | The motion Carried 4 - 0 | | | | | Linda Mayo | Yes | | Cheryl Hansen | Yes | | Barbara Oaks | Yes | | Debra Mason | Yes | |
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