Budget Information (OLD)

This section is intended to provide current and relative budgetary and financial information for the Miller Creek School District.

Budget Information

The Miller Creek School District is required to submit budget reports to the governing board during each fiscal year - the Adopted Budget, the First Interim Budget Report, the Second Interim Budget Report and the Unaudited Actuals. The Adopted Budget is required by law to be adopted each year by June 30^th of the preceding year. The First Interim Budget Report covers the financial and budgetary status of the district for the period ending on October 31^st and must be approved by the Board no later than December 15^th. The Second Interim Budget Report covers the financial and budgetary status of the district for the period ending on January 31^st and must be approved by the Board by March 15^th. The Unaudited Actuals are district prepared year-end financial statements as of June 30^th and are due to the County Office by September 15^th.

The budget includes the General Fund of the District for the current year and two subsequent years, in addition to the Criteria and Standards and other supplementary schedules and information.

Financial Audit Reports

Proposition 30-Education Protection Act

On November 6, 2012, voters approved Proposition 30: The Schools and Local Public Safety Protection Act of 2012. This measure was estimated to raise about $6 billion annually in state revenue by temporarily increasing the State’s sales tax rate and the personal income tax rates for taxpayers in high tax brackets.

Proposition 55, which took effect January 1, 2019, was approved by voters on November 8, 2016 which allowed the sales tax increase in Proposition 30 to expire in 2016 while extending income tax rates through 2030.

The statutory reporting requirements of Proposition 30 will carry forward under Proposition 55 which requires that the revenues go into the Education Protection Account (EPA) within the state’s General Fund.

Parcel Tax Oversight Committee

Budget Workshop 2024

Budget Workshop 1/31/24

Community Budget Webinar

Budget Workshop Presentation

Local Control Funding Formula (LCFF)

As part of the 2013-14 State Budget, then Governor Jerry Brown implemented the Local Control Funding Formula (LCFF). This replaced the existing revenue limit formula that was used to determine the level of state funding for school districts.

For some school districts LCFF has proven to be a windfall with substantial increase in funding while for others the formula has resulted in little or no growth in revenues. In the past every school would receive the same level of new funding per pupil. Now under LCFF every school district receives a different level of new funding per pupil, even those in the same geographical area and with similar demographics.

LCFF base allocations are based on enrollment and Average Daily Attendance (ADA).

For the last several years, Miller Creek School District moved back and forth from being a state funded school district under LCFF to a Basic Aid school district and instead is a state funded school district Under LCFF the district receives additional state funding under LCFF but then has a loss of certain funding that the district receives as a Basic Aid district. This makes projections challenging.

Budget Information (OLD)