Agenda Item
Meeting Date: 6/23/2020 - 7:00 PM
Category: Other Action Items
Type: Info/Action
Subject: (Item OAI-2) 2020-2021 Budget Adoption (Mr. Kahn) The Board will be asked to approve the attached budget plan and supporting documents.
:
Enclosure:
File Attachment:
20-21 Adopted Budget - Board Presentation 20200623_v2.ada.pdf
20-21 Adopted Budget Executive Summary 20200608_v3_ada.pdf
2020-21 Statement of Reasons for Excess Reserves.ada.pdf
2020-21 County Report.20200623.ada.pdf
2020-21 State Report.20200623.ada.pdf
Superintendent Message.ada.pdf
Summary: The Board of Education is required by current statute to adopt a budget plan prior to July 1st of 2020-21 fiscal year.

Staff has prepared the budget plan, including documents required by the County and State. These documents have passed all required standard and criteria, along with the technical checks that all budgets are subject to before moving onto the San Joaquin County Office of Education.

With this budget plan, the District can complete all certifications that are required. Lodi Unified School District will retain positive cash and fund balance for 2020-21.

The Board will be asked to approve the attached budget plan and supporting documentation, including the reserves designations in compliance with EC42127(a)(2)(B).
Funding:
Recommendation: Staff recommends Board approval of the 2020-21 Budget Adoption.
Approvals:
Recommended By:
Signed By:
Leonard Kahn - Chief Business Officer
Signed By:
Cathy Washer - Superintendent