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City of Brentwood


WHEREAS, high school seniors taking part in a national survey of financial knowledge scored and average of 50.2 percent, a failing grade, continuing a declining trend in scores since 1977; and

WHEREAS, increasing the financial literacy of all economic and ethic groups has been proven successful in improving attitudes, leading to improve decision making, and providing a more secure future for individuals who have been educated in financial literacy and their families; and

WHEREAS, financial literacy training may easily be integrated as a valuable component for elementary and secondary schools, colleges and universities, community groups, and citizen town hall meetings; and

WHEREAS, many groups are dedicated to increasing the financial literacy of Americans and a broad range of quality personal finance instructional materials and curricula have been created for this purpose, but the audience to which this information is vital is not being reached; and

WHEREAS, by the Assembly of the State of California, the Senate thereof concurring, that the legislature hereby declares the month of April 2005 as Financial Literacy Month, in order to raise public awareness about the need for increased financial literacy; and

NOW THEREFORE, BE IT RESOLVED, that legislators, employers, schools, service groups, community organizations, libraries, financial institutions and the media be encouraged to provide opportunities for financial literacy education for all Californians through a variety of means including collaboration with members, of the California Society of Certified Public Accountants, California Jump$tart Coalition and others, in order to provide outreach and education.

Dated this 12th day of April 2005

Brian Swisher


City Administration
City of Brentwood City Council
150 City Park Way
Brentwood, CA 94513
(925) 516-5440
Fax (925) 516-5441