Education Protection Act
Revenue and Expense Reporting
Proposition 30, the Schools and Local Public Safety Protection Act of 2012, was approved by the voters in November 2012. It temporarily raises California state sales and use tax by 0.25 percent for four years from Jan. 1, 2013 through Dec. 31, 2016, and California State Income Tax on high-income earners for seven years from Jan. 1, 2012 through Dec. 31, 2018.
The goal of Proposition 30 was to stabilize funding for Public Education. Community Colleges received devastating cuts in fiscal years 2009-10 and 2011-12, which reduced the number of classes College of the Canyons could offer. Thanks to the support of California voters, the passage of Proposition 30 allowed COC to avoid another large cut in 2012-13 and instead receive status-quo funding.
Proposition 30 requires Community Colleges to publish on their internet websites an annual accounting of how much money was received from the Proposition 30 Education Protection Act (EPA) and how that money was spent.
The attached report indicates that $10,362,948 was received by COC in 2013-14 as of the 2013-14 Second Principal Apportionment Report and the CCFS311 Annual Actual (2013-14) and Budget (2014-15) Report, and all of this funding was spent on faculty salaries and benefits.
The attached report indicates that $10,737,815 was received by COC in 2012-13 as of the 2012-13 Second Principal Apportionment Report and the CCFS311 Annual Actual (2012-13) and Budget (2013-14) Report, and all of this funding was spent on faculty salaries and benefits.