2013-2014 (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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