Education Protection Account
Background:
Proposition 30, approved by voters on November 6, 2012, established the Education Protection Account (EPA) which appropriates money for support of schools. Voters were assured that these funds would be used to help stabilize school budgets that were impacted by the revenue shortfalls as a result of the Great Recession.
Initiative promised voters the following:
Board of Trustees approve annual resolution and spending plan for EPA
EPA funds are not to be used for administration
District will publish an annual accounting of EPA revenues and expenditures
EPA will be included in the annual financial audit each year by external auditors
Annual Reporting Requirements:
2023-2024 Annual Accounting of EPA - Board Approved August 21, 2024
2024-2025 Education Protection Account (EPA) Resolution - Board Approved June 26, 2024
Historical Accounting:
2022-2023 Annual Accounting of EPA