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FOLSOM CORDOVA UNIFIED SCHOOL DISTRICT

Where are we today?. Legislature missed June 15 deadline Legislature missed June 30 deadlineFailure means gap is wider in 2009-10 ($2-3 billion)State revenue was lower than expected in May and June (another $3 billion)Job loss was greater than expected in JuneIOUs are on the way. Proposi

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FOLSOM CORDOVA UNIFIED SCHOOL DISTRICT

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    1. FOLSOM CORDOVA UNIFIED SCHOOL DISTRICT BUDGET UPDATE JULY 2, 2009

    2. Where are we today? Legislature missed June 15 deadline Legislature missed June 30 deadline Failure means gap is wider in 2009-10 ($2-3 billion) State revenue was lower than expected in May and June (another $3 billion) Job loss was greater than expected in June IOUs are on the way

    3. Proposition 98 Cutting education in 08/09 would have reduced state obligation in 09/10 Missed deadline means Proposition 98 will have to be suspended in order to implement cuts assumed by legislators Test 1 v. Test 2 v. Test 3 (no lawsuit needed now under Test 3) Deficit factor for education still projected at 18% (below statutory “guarantee”)

    4. Democrats “Old” Budget Plan Revenue limit reductions still proposed Transportation cut only 20% rather than 65% Permission to reduce school year to 175 days Additional flexibility with prior year categoricals Eliminate passing of high school exit exam Three year suspension of new textbook adoptions Reduce reserve with repayment by 2011-12 Some limited tax or fee increases Was $3 billion short…..drop in May and June revenue now $6 billion short

    5. American Recovery & Reinvestment Act (ARRA) Spend funds to save jobs School improvement and reform Ensure transparency Minimize the “funding cliff”

    6. ARRA IDEA (Special Ed) - $3.2 m FCUSD – use some in 08/09 for new programs already implemented Free up general fund dollars for mid-year cuts in 08/09 Balance to be used in 09/10 and 10/11

    7. ARRA Title I $1.174 m FCUSD – 50% received in 08/09 Roll forward to backfill Title I cut in 09/10 Net increase of $450,000 SFSF (State Fiscal Stabilization Fund) $4.9 m cash received! Regular Ed Student Backfill – $4.9 m Categorical Backfill - $1.5 m

    8. Categorical Flexibility 42 programs state-wide 21 in FCUSD, including School/Library Improvement Program (SLIP) ROP Adult Education Instructional Materials GATE Professional Development PE/Music, Art Grants Supplemental Counseling Cal Safe (adolescent parent program) Community Based English Tutoring School Safety and Violence Prevention High School Exit Exam Instruction

    9. Flexibility in Class Sizes Grades K-3 Financial penalties are modified to be: 5% penalty from 20.45 – 21.44 10% penalty from 21.45 – 22.44 15% penalty from 22.45 – 22.94 20% penalty from 22.95 – 24.94 30% penalty from above 24.95 Reduced funding for the first 20 students in these classes No funding for remainder of students

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