SB Charter2013-2014 (Prop 30) Education Protection Account
The passage for Proposition 30 from the November 2012 elections created the Education Protection Account to collect the temporary increase in taxes through 2017-18. The Santa Barbara Charter School projects to receive $58,356.00 for fiscal year 2013-14 which that will be split and received quarterly in fiscal year 2013-14. This amount is subject to change contingent on the state adopting its budget and the Local Control Funding Formula. All funds received and spent will be tracked in resource code 1400 in the budget and will be used for unrestricted instruction salaries and benefits. This was approved at the Santa Barbara Charter School’s board meeting on January 13, 2014.
Description Function Codes Object Codes 2013-14 Budget
Revenue Limit Sources – EPA 8012 $58,356.00
Contributions 8900-8999
Total Revenue $58,356.oo
Expenditures (Salaries & Benefits
Instruction 1000-1999 1000-3999 $58,356.00
Instruction – Related 2000-2999
Pupil Services 3000-3999
Ancillary Services 4000-4999
Community Services 5000-5999
Enterprise 6000-6999
General Administration 7000-7999
Total Expenditures $58,356.00
Balance (total revenue less expenditures) 0
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