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e e e e e e e e e e e e e e e e e e e e e e e e e e e e comments will be made at the end of the presentation so I have to call roll Doug kidle here Allison Hasty is out of town Frank Crawford is out Gary kle here Seth is on his way and Dr Yang so we have a quorum so Jennifer are you ready okay weamp;#39;re ready president Davis fellow trustees thank you Iamp;#39;m here for this study session to speak about the 8.22% cola that was received in 2324 fiscal year um so this is just an overview about what Iamp;#39;m going to talk about Iamp;#39;m going to uh remind everybody where our district funding comes from what is a cola um how can we use our funds Iamp;#39;m going to talk a little bit about our local control funding formula um and talk about expenses and budgeting constraints so first this is just a you know a picture to show what we engage in every day when we make financial decisions we want to meet our current demands but we also have to support accountability so there are dif