Mountain View Whisman School District
Agenda Item for Board Meeting of 9/7/2023
Agenda Category: CONSENT AGENDA
Agenda Item Title: GANN Limit, Resolution No. 03-090723
Estimated Time:
Person Responsible: Rebecca Westover, Ed.D., Chief Business Officer
Background:
When Proposition 4 passed in 1979, it added Article XIII-B to the State Constitution and placed limits on the growth in appropriations made by the State of California and local governments including school districts. The essence of Proposition 4 is that, for each entity of government, "appropriations subject to limitations" in each year cannot exceed a computed appropriation limit, popularly called the "Gann Limit."
SB98 (Chapter 82/89) and AB 198 (Chapter 93/89) amended the statutes, which determine how K-12 school districts and county offices of education calculate their appropriations limits and the state aid subject to those limits. The new methodology involves a calculation of the preceding year's Gann Limit, followed by the calculation of the budget year's Gann Limit. Any increase to the appropriations limit is permanent and is reported to the State Department of Finance.
The 2022-2023 adjusted Appropriations Limit is $66,180,804.29 and the estimated Appropriations Limit for 2023-2024 is $74,844,758.61.
Fiscal Implication:
None.
Recommended Action:
It is recommended that the Board of Trustees adopt resolution no. 03-090723, re-establishing the Mountain View Whisman School District 2022-2023 Gann Appropriations Limit, and establishing the Mountain View Whisman School District 2023-2024 Gann Appropriations Limit, as presented.
|