Item Coversheet

Mountain View Whisman School District

Agenda Item for Board Meeting of 5/30/2024



Agenda Category:  REVIEW AND DISCUSSION

Agenda Item Title:  Public Hearing: Resolution No. 01-053024, Education Protection Account (EPA) Requirements (5 minutes)

Estimated Time:  5 minutes

Person Responsible: 

Rebecca Westover, Ed.D., Chief Business Officer




Background: 

The voters of the State of California approved Proposition 30 on November 6, 2012, which added Article XIII, Section 36 to the California Constitution effective November 7, 2012.  Article XIII, Section 36(e) creates an Education Protection Account (EPA) to receive and disburse the revenues derived from the incremental tax increases imposed by Article XIII, Section 36 (f).  All funds in the EPA will be continuously appropriated for the support of school districts. The District shall have sole authority in determining how the funds received by the EPA are spent.  The Board shall make the spending determinations with respect to funds received from the EPA in an open session of a public meeting of the governing board of the Mountain View Whisman School District.



Fiscal Implication:

FY 2024-2025 income of $900,000



Recommended Action: 

It is recommended that the Board of Trustees conduct a Public Hearing and discuss Resolution No. 01-053024 for the proposed uses of the Education Protection Account Funds as identified on the attached list.  This item will be agendized on the June 13, 2024 meeting for action.

ATTACHMENTS:
DescriptionTypeUpload Date
Resolution No. 01-053024, Education Protection Account (EPA) RequirementsBackup Material5/22/2024
2023-2024 and 2024-2025 Education Protection Account (EPA) Funding Expenditure Document Backup Material5/22/2024