Coversheet

Item Coversheet


ALAMEDA UNIFIED SCHOOL DISTRICT BOARD AGENDA ITEM

Item Title:	Adoption of Budget for Fiscal Year 2023-2024 and Approval of Resolution No. 2022-2023.72 Designating Certain General Funds as Committed Fund Balance (5 Mins/Action)
Item Type:	Action
Background:	Education Code 42127(a) and (b) require that school districts file an adopted operating budget for all funds with the County Superintendent of Schools by July 1 of each fiscal year and that a Public Hearing be held prior to the adoption of the budget. A Public Hearing on the Proposed Budget for Fiscal Year 2023-2024 was held on June 13, 2023. The Board of Education heard public comments and did not request any changes. Tonight, staff is recommending that the Board adopt the Budget for Fiscal Year 2023-2024. Further, to maintain a prudent level of financial resources to protect against the need to reduce service levels, and to comply with the requirements of the Government Standards Accounting Board (GASB) statement number 54, staff also recommends that the Board adopt Resolution No. 2022-2023.72 Designating Certain General Funds as Committed Fund Balances.
AUSD LCAP Goals:	4. Ensure that all students have access to basic services.
Fund Codes:
Fiscal Analysis Amount (Savings) (Cost):
Recommendation:	Approve as submitted.

AUSD Guiding Principle:	#5 - Accountability, transparency, and trust are necessary at all levels of the organization.\| #6 - Allocation of funds must support our vision, mission, and guiding principles.
Submitted By:	Shariq Khan, Assistant Superintendent of Business Services

ATTACHMENTS:
	Description	Upload Date	Type
	Alameda County Office of Ed - Common Message	6/20/2023	Backup Material
	Resolution No. 2022-2023.72	9/5/2023	Resolution Letter
	SACS	9/5/2023	Backup Material