Recap for April 29 BOE Meeting

Link to Novus website containing Formal Agenda and Supporting Documentation

1.) Bond Financing Update

Background: Vincent McCarley, of Backstrom McCarley Berry, the District's bond financial advisor presented their assessment how much Alameda Unified could raise if the District issued a general obligation bond in the November 2014 Election. Depending on the assessed value growth assumption the District could use from $160 million to $180 million with the maximum $60 per $100,000 of assessed value.

Fiscal Implications. None.

2. Measure A 2nd Interim Report

Background: Staff presented the second interim report on Measure A income and expenditures.

Fiscal Implications: $200,000.

3. Measure A 2014/15 Allocation Recommendations

Background: Staff presented their recommendation for 2014/15 allocations for Measure A. It is same allocation as prior year

Fiscal Implications: None.

4. LCFF Supplemental Grant Allocation

Background: In the last of the four part review for the 2014/15 budget, staff presented its recommendation for how spend the LCFF supplemental grant funds.

Fiscal Implications: None.

5. CLCS Facilities Agreement

Background: After numerous Prop 39 requests which led to multiple relocations of ACLC, CLCS and AUSD agreed to a facilities agreement for ACLC and Nea charter schools.

Fiscal Implications: None.












BOE Meetings
BOE Meetings Assessment Facilities FinancesFavorite Links