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Board of TrusteesLos Angeles Community College District |
ACTION |
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Com. No. BSD5 |
Division Operations Division - Business Services |
Date June 11, 2003 |
RESOLUTION
– DISTRICT APPROPRIATIONS LIMITS FOR 2003-2004
WHEREAS Article XIIIB of the Constitution of the State of California, as approved by the Voters in November, 1979, requires the establishment of Appropriation limits in “proceeds of taxes” revenues for public agencies, including school districts, beginning with the 1980-81 fiscal year; and
WHEREAS Each
district is required to determine and adopt such Appropriations limits for the
2003-2004 fiscal year, as a legislative act; and
WHEREAS The
Los Angeles Community College District’s Appropriations limits been calculated
in accordance with Article XIIIB of the State Constitution and Division 9 of
Title I of the Government Code; therefore, be it
RESOLVED That as a legislative act of this governing board, that for the
purposes of Article XIIIB, there is hereby established this District’s
“appropriation limit” of $___________ for the 2003-2004 fiscal year.
Background: The passage of Proposition 4 in 1979 added
Article XIIIB to the Constitution of the State of California. This article places a limit on
appropriations and provides that revenues from taxes may not exceed that
appropriation limit.* Each year, prior
to adoption of the Final Budget, each district is required to determine and
adopt such appropriations limit. The
budgeted expenditures subject to limitation in 2003-2004 total $___________
(Attachment #1: GANN Limit Worksheet)
which is well within the appropriations limit of $___________.
*The
Appropriation Limit is adjusted each year by inflation and population
factors. Government Code Section
7908(c) requires each community college district to report to the Chancellor of
the California Community Colleges and to the Director of Finance annually its
appropriations limit. The appropriations
subject to limit includes State aid apportionments, State subventions, Local
property taxes, estimated excess Debt Services taxes, estimated Parcel taxes,
less any local appropriations for unreimbursed State, Court, and Federal
mandates.
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Chancellor and Secretary to the Board of Trustees
By:_________________________________________________ Date________________________________________________
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Candaele ____________ Pearlman ______________ Field ________________ Scott-Hayes____________ Furutani _____________ Waxman_______________ Mercer _______________ Ramos_________________ Student Trustee Advisory Vote |
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