Education Protection Account
Proposition 30, The Schools and Local Public Safety Protection Act of 2012, approved by voters on November 6, 2012, temporarily increases the states sales tax rate for all taxpayers and the personal income tax rates for upper-income taxpayers.
Proposition 30 requires all districts, counties, and charter schools to report on their websites an accounting of how much money was received from the EPA and how that money was spent.
The California Department of Education has determined that expenditures by County Offices of Education for certain administrative activities they are required to perform on behalf of the school districts within the county are not administrative costs for purposes of Proposition 30. Therefore, the EPA revenues received will be expended on the cost of providing fiscal oversight to Lake County school districts as required by AB 1200 1992, and revised by AB 2756 2004.
Expenditure Plan for Lake COE EPA funds for 2018-19 Fiscal Year:
Estimated Carryover: $1,734
Estimated Revenue: $1,382
Total Budget: $3,116
Expenditures: $3,116 (Professional Development)