School District Appropriations Limit Calculations GANN Limit

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Presentation transcript:

School District Appropriations Limit Calculations GANN Limit September 8, 2015 Anna Pimentel Director, Fiscal Services Jamie Metcalf Asst. in Training – Director, Fiscal Services Ken Forrest Chief Business Officer

Background Established in 1979, the Gann Limit (named for Paul Gann, the author of Proposition 4, which amended the State Constitution to establish this limit) is intended to constrain the growth in state and local government spending by linking year-to-year changes in expenditures to changes in inflation and caseloads (ADA). Education Code section 42132 requires that on or before September 15 of each year, the governing board of each school district adopt a resolution to identify appropriations limit for the district for the preceding fiscal year.

Gann Limit Forecasted

We request you adopt this resolution: That the calculations and documentation of the Gann Limits for the 2014-15 and 2015-16 fiscal years are made in accord with applicable constitutional and statutory law The appropriations in the 2014-2015 and 2015-16 Budgets do not exceed the limitations imposed by Proposition 4.

Questions?