Item Coversheet
AGENDA - June 22, 2017

5.0

BUSINESS AND FISCAL MANAGEMENT

5.2  Adopt the Coronado Unified School District 2017-18 Budget  (Action)
 

Background Information:
Education Code 42127 requires the Board of Education to adopt a budget for the new fiscal year no later than June 30th.  As in the past several years, the Board must adopt the budget before the final revenue is known from the state and the federal governments.

Reports:

Staff has further updated the District Budget due to input received at the June 8, 2017, Board Meeting. A summary of changes is attached. The assumptions utilized to develop the 2017-18 Budget include the most up to date information from the Governor’s May Revise.

 

A revision to the CUSD 2017-18 Adopted Budget may be presented at the August 17, 2017 Board Meeting to incorporate changes for the State of California 2017-18 Adopted Budget if necessary.
Financial Impact:

The financial impacts from adoption of this budget are contained withing the SACS forms for the various funds.


Superintendent's Recommendation:

That the Governing Board adopt the proposed budget for Coronado Unified School District as submitted for the 2017-18 fiscal year.


Moved________________________________Seconded_______________________________


Ayes__________Noes____________Absent_________Abstain________Student___________


ATTACHMENTS:
DescriptionUpload DateTypeFile Name
2017-18 Adopted Budget Final 6-22-20176/15/2017Cover Memo2017-18_Adopted_Budget_-_FINAL_6.22.17.pdf
Statement of Reasons for Excess Reserves6/15/2017Cover MemoAttachment_-_Statement-of-Reasons-for-Excess-Reserves.pdf
Summary of Changes6/15/2017Cover MemoSummary_of_Changes.pdf