Dear School Business Professionals,
The 2022-23 J-29 P-2 Property Tax Summary is now posted on our website on the Adopted Budget<www.sbceo.org/domain/251> page.
Important notes about this Property Tax Report
The items below represent a summary of notable changes from the prior reporting period, P-1 to P-2.
* Column A-2: Unsecured decrease due to downward roll corrections decreasing the available levy. * Column A-8: Supplemental is anticipated to be higher than previously projected. Backlog processing continued to be posted in the current fiscal year. * Column B-1: AB1290 Passthrough and Column B-2: RDA Residual projected higher than P-1. * Column B-3 Santa Barbara RDA: Final Cash Fund Distribution to be apportioned in June.
Note: Prior Year collections should be taken into consideration when developing your budget since some are one-time sources and should not be carried forward as ongoing revenues in future years.
The above factors are important to consider when planning for your district’s 2022-23 Estimated Actuals and 2023-24 Adopted Budget and Multi-Year Projections. Please review how these changes may affect your individual district.
If you have any questions regarding the 2022-23 P-2 Property Tax Report, please contact Rebecca Holmes (rholmes@sbceo.org<mailto:rholmes@sbceo.org>).
Regards, School Business Advisory Services Team Santa Barbara County Education Office
Note: This message was sent on behalf of the School Business Advisory Services Team. Please do not respond to this message. Replies will be routed to an unmonitored mailbox.
Visit our new website: www.sbceo.org/sbas<www.sbceo.org/sbas>
To unsubscribe, click here<mailto:sbasfinance@sbceo.org?subject=Unsubscribe>
The 2022-23 J-29 P-2 Property Tax Summary is now posted on our website on the Adopted Budget<www.sbceo.org/domain/251> page.
Important notes about this Property Tax Report
The items below represent a summary of notable changes from the prior reporting period, P-1 to P-2.
* Column A-2: Unsecured decrease due to downward roll corrections decreasing the available levy. * Column A-8: Supplemental is anticipated to be higher than previously projected. Backlog processing continued to be posted in the current fiscal year. * Column B-1: AB1290 Passthrough and Column B-2: RDA Residual projected higher than P-1. * Column B-3 Santa Barbara RDA: Final Cash Fund Distribution to be apportioned in June.
Note: Prior Year collections should be taken into consideration when developing your budget since some are one-time sources and should not be carried forward as ongoing revenues in future years.
The above factors are important to consider when planning for your district’s 2022-23 Estimated Actuals and 2023-24 Adopted Budget and Multi-Year Projections. Please review how these changes may affect your individual district.
If you have any questions regarding the 2022-23 P-2 Property Tax Report, please contact Rebecca Holmes (rholmes@sbceo.org<mailto:rholmes@sbceo.org>).
Regards, School Business Advisory Services Team Santa Barbara County Education Office
Note: This message was sent on behalf of the School Business Advisory Services Team. Please do not respond to this message. Replies will be routed to an unmonitored mailbox.
Visit our new website: www.sbceo.org/sbas<www.sbceo.org/sbas>
To unsubscribe, click here<mailto:sbasfinance@sbceo.org?subject=Unsubscribe>