NPA Education Protection Account Spending Plan 2015-16
Proposition 30 – The Schools and Local Public Safety Protection Act of 2012 – approved by the voters on November 6, 2012, temporarily increased the state’s sales tax rate for all taxpayers and the personal income tax rates for upper-income taxpayers. A portion of the new revenues is earmarked to support increased school funding, with the remainder helping to balance the state budget.
The new revenues generated from Proposition 30 are deposited into a newly created ledger account called the Education Protection Account (EPA). Proposition 30 requires that the use of EPA funds be determined by the governing board at an open public meeting. EPA funds may not be used for the salaries or benefits of administrators or for any other administrative costs.
NPA’s EPA entitlement for 2015-16 is projected to be $251,791.00. EPA funds for 2015-16 will be used exclusively for the purposes of instruction and instructional technology. Budget details are provided below.
|Projected Expenditures July 1, 2015 through June 30, 2016|
|For Fund 01, Resource 1400 Education Protection Account|
|AMOUNT AVAILABLE FOR THIS FISCAL YEAR||Object:|
|Revenue Limit Source||8012||251,791.00|
|Other Local Revenue||8600-8799||0.00|
|EXPENDITURES AND OTHER FINANCING USES||Functions:|
|Instructional Supervision and Administration||2100-2150||0.00|
|AU of a Multidistrict SELPA||2200||0.00|
|Instructional Library, Media, and Technology||2420||18,400.00|
|Other Instructional Resources||2490-2495||0.00|
|Guidance and Counseling Services||3110||0.00|
|Attendance and Social Work Services||3130||0.00|
|Speech Pathology and Audiology Services||3150||0.00|
|Pupil Testing Services||3160||0.00|
|Other Pupil Services||3900||0.00|
|TOTAL EXPENDITURES AND OTHER FINANCING USES||251,791.00|
|BALANCE (Total Available minus Total Expenditures and Other Financing Uses)||0.00|