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Agenda Item (VI-B-8-a)

Meeting8/16/2011 - Regular
Agenda ItemConsent Agenda Action (VI-B-8-a)
SubjectResolution Number 02-11/12 for Appropriations Subject to Proposition 4 Gann Limitation
College/DistrictDistrict
Funding
N/A
Recommended ActionIt is recommended that the Board of Trustees adopt Resolution No. 02-11/12 which establishes the 2011-2012 Gann Limit for the Riverside Community College District at $179,953,617.

Background Narrative:


In November 1979, the voters passed Proposition 4, which imposes an annual appropriations limit on the District. This is known as the Gann Limit. Pursuant to Government Code Section 7910, the Board must approve the District’s Gann Limit and make other necessary determinations for the succeeding fiscal year pursuant to Article XIIIB of the California Constitution.

 

The District has developed the documentation used to determine the 2011-2012 Gann Limit and it is available for public inspection at the office of the Vice Chancellor, Administration and Finance, 3600 Prospect Avenue, Riverside, California, between 8:00 a.m. and 5:00 p.m. Monday through Friday. A copy of the worksheet used to compute the Gann Limit is attached for the Board’s review and information. A resolution required to establish the District’s 2011-2012 Gann Limit is also attached.
Prepared By: Jim Buysse, Consultant, RCC
 Aaron Brown, Vice Chancellor, Business and Financial Services

Attachments: