Proposition 30 passed in November 2012 and created the Education Protection Account (EPA). These funds are derived from the incremental tax increase approved by the voters. This means that effective July 2012, the Principal Apportionment received (our District's Revenue Limit funding) was reduced by an amount equal to approximately 21% and will be reallocated back to the District in a restricted form by June 28, 2013. There are specific requirements governing the use of these funds. Per Article XII, § 36 of the Constitution of the State of California, the use of EPA funds must be determined by the Board of Trustees at an open public meeting.
Existing law provides economic impact aid funding to school districts based on the number of economically disadvantaged pupils and English learners enrolled in the school district. Existing law requires the Superintendent of Public Instruction to perform specified calculations to determine the amount of economic impact aid a school district receives for a fiscal year and further requires each school district to expend these funds for specified programs and activities.