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Closing Books on 2012-3 and the 2013-4 Budget

Closing Books on 2012-3 and the 2013-4 Budget. John Swett USD 9 Oct 2013. Revised Unrestricted Budget. *Includes shifting of$ 338,000of EIA and 213,000of Transportation funds from restricted to unrestricted. Comments on Closing. Contributions to Special Education grew over prior years

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Closing Books on 2012-3 and the 2013-4 Budget

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  1. Closing Books on 2012-3 and the 2013-4 Budget John Swett USD 9 Oct 2013

  2. Revised Unrestricted Budget *Includes shifting of$ 338,000of EIA and 213,000of Transportation funds from restricted to unrestricted

  3. Comments on Closing • Contributions to Special Education grew over prior years • as special education enrollment increased while regular enrollment declined • Federal Funding declined • Containing Special Education costs is a priority

  4. Long Term Enrollment Trends We are projecting enrollment to stabilize based on an upward trend late in the year. The growth is likely due to low housing costs in Rodeo compared to communities further west.

  5. Budget Risks Health Care costs rise faster than projected Budgeted Revenue amount is based on the assumption that ADA increases by 40-50 because of enrollment increases in 2nd semester 2013. If these increases do not materialize, we will need to reduce the budget

  6. Early Good News on ADAUp over 100 from Last Year

  7. ADA to Enrollment Comparisons

  8. LCFF Key Provisions The budget requires the State Board of Education to adopt regulations that govern the expenditure of funds "apportioned on the bases of the number and concentration" of disadvantaged students by January 31, 2014. Requires LEAs to increase or improve services for disadvantaged students in proportion to their funding increases for those students. Until regulations are adopted, newly identified LCFF funds should not be committed

  9. Maintenance of Effort Requirements LCFF As a condition of receipt of the 10.4% CSR Augmentation to the K-3 Base Grant, districts must make progress toward reducing K-3 class sizes to no more than 24:1 by full implementation in fiscal year 2020-2021 in proportion to the annual increase in district funding toward its LCFF target entitlement, unless a higher student/teacher ratio is collectively bargained. Home-To-School Transportation (HTS): Of the funds districts receive for HTS programs, including Special Education transportation programs, districts are required to spend on HTS no less than what they spent in fiscal year 2012-13 in perpetuity.

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