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Budget Workshop

Budget Workshop. March 27, 2013. Overview of Governor’s Budget. Local Control Funding Formula – a new education funding distribution model No schools will receive less funding than their 2012-13 funding level (don’t forget that this is the 2007-08 funding level)

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Budget Workshop

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  1. Budget Workshop March 27, 2013

  2. Overview of Governor’s Budget • Local Control Funding Formula – a new education funding distribution model • No schools will receive less funding than their 2012-13 funding level (don’t forget that this is the 2007-08 funding level) • Each school district will produce a local control and accountability plan that will set annual goals and describe how the local agency will use available resources. Governing board will be required to adopt a budget that aligns with their district local control and accountability plan. • LCFF combines all funding for schools into a single calculation: COLA, base restoration/deficit reduction, equalization, and weighted categorical funding are all combined.

  3. Some unresolved issues with LCFF: • Funding for growth and COLA are rolled into entitlement target – until full target is reached these will only be partially funded • No additional funding for districts consolidating - how will consolidating districts pay for the higher salary requirements? • CTE / ROP funding transition • Transportation treated as an add-on: will probably NEVER be increased

  4. Local Control Funding Formula (LCFF) • Base Grant • Supplemental (weighted) Grant • Concentration (weighted) Grant • Augmentations to the Base Grant (Career Tech Ed $215 per ADA) • Add-ons to formula (Transportation at current funded levels) • Separately funded programs (Federal, Special Ed, Child Nutrition) BASE GRANT per ADA by grade span (no more that revenue limit) Grades 9-12 = $7,680 WHEN FULLY IMPLEMENTED (estimated in 7 years), BASE GRANT should equal the undeficted statewide average revenue limit for the current year

  5. LCFF and WSCUHSD

  6. Attendance, Enrollment, RL Projections

  7. Multi-Year Projection

  8. Federal Revenue • 2012-13 $1,129,085 • 2013-14 $ 937,469 • 5.9% reduction in 2013-14 due to federal sequestration • Reduction to reflect non-participation in Title I • 2014-15 $ 937,469 • Flat funding from 2013-14

  9. Parcel Tax Revenue • 2012-13 $ 595,000 • 2005 Measure K @$26 per parcel expiring 6/30/13 • 2013-14 $1,098,432 • 2013 Measure K @$48 per parcel beginning 7/01/13 • Annual increase of $503,432 • 2014-15 $1,098,432 • Continued funding same as 2013-14 (voter approved for 8 years) • Funding to be used for: • Keeping school libraries open • Maintaining small class sizes • Improving or maintaining art, music, and drama programs • Improving or maintaining shop, culinary, technology, and other career education classes • Improving or maintaining college prep courses • Maintaining student counseling services

  10. Budget Adjustments since 2nd Interim • Continued budget monitoring to reflect actual expenses and estimated expenses through 6/30/2013. • Adjustments to reserves through March 22,2013: • One-time refund of transportation excess costs $88,859 (increase) • One-time increase to site budgets for Marketing $ 31,200 (decrease) • Unappropriated Ending Fund balance 2012-13 $2,435,018 • More adjustments will occur as we approach 3rd Interim and the ending of the year.

  11. Expenditure Projections • 2013-14 staffing based on enrollment projections • .97 FTE reduction (4 sections at comprehensive high schools and 1 section at continuation high school) in teacher salary • .6889 FTE reduction in Consortium nurse certificated salary • 3 additional work days more than 2012-13 • Step and Column costs estimated at 1% across all funds • Health benefits budgeted with a 12% annual increase (calculates to a 15% rate increase) • Contributions to restricted programs increase • Operating expenses held flat or reduced minimally • ROP/CTE supported programs with verbal agreement from SCOE

  12. Parcel Tax Support • Parcel tax language on NOV 6 was to “maintain and improve” • “Maintain” sections and services District was poised to eliminate. • Sections of Arts, CTE, College Prep/AP • Guidance counseling • Library • “Improve” sections and services • AP Environmental Science (AHS) • Ecological Action (AHS) • French III/IV (EHS) • AP Chemistry (EHS) • Digital Media/Marketing (AHS, EHS) • Project Make (AHS, EHS) • Crisis Counselors additional 8 days and 1.5 hours/day $4,500 • Library hours $5,000

  13. Other Needs • Campus Supervisors – 2 @177 school days $75,000 • Technology equipment replacement fund (Common Core assessments) $30,000 ongoing annual set aside/expense • Support classes – 8 sections for 2013-14 now included in general fund, with concern for future ability to fund in 2014-15 and beyond $125,000 • Routine Restricted Maintenance funding 100 % general fund • Surveillance camera installation – one-time expense approx. $250,000

  14. Contributions from General Fund 2012-13 • Art & Music Block Grant $ 4,676 • District Testing $ 8,090 • Community Day School $ 16,423 • Title I $ 6,504 • EIA $ 71,535 • High School District Special Ed $1,301,521 • Consortium Nurse/Psych $ 78,059 • Consortium SDC & Admin. $ 140,729 • Routine Restricted Maintenance $ 304,000 • Cafeteria Fund $ 78,000 • TOTAL $2,009,537

  15. Transportation budget

  16. Deficit Spending

  17. Facility and other Funds • NOT included in the MYP, separate sources of funding • Budgets are developed individually by Fund • 13 - Cafeteria Fund – requires contribution from GF • 21 – Bond Fund – MEASURE I projects • ACTIVE PROJECTS CURRENTLY IN PROGRESS • Projected Beginning Balance for 2013-14 $200,000 • 25 – Developer Fee - can be used in conjunction with other construction related projects • ACTIVE PROJECTS CURRENTLY IN PROGRESS WITH BOND FUND • Projected Beginning Balance for 2013-14 $730,000 • 35 – School Facilities Fund – state apportionments for construction • Close out of OLD projects with DSA in progress may free up use of money in fund and to prevent possible delay in future DSA approval of projects • Projected Beginning Balance for 2013-14 $420,000

  18. Questions?

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