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Grass Valley and Nevada City School Boards

Grass Valley and Nevada City School Boards. Consolidation Discussion October 3, 2012. Overview of Base R evenue Limit Calculation. SSC study calculated the change to the “new” district base revenue limit Change was 3.64% or $465K

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Grass Valley and Nevada City School Boards

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  1. Grass Valley and Nevada City School Boards Consolidation Discussion October 3, 2012

  2. Overview of Base Revenue Limit Calculation • SSC study calculated the change to the “new” district base revenue limit • Change was 3.64% or $465K • Additional revenue is generated to compensate for the differences in the average salaries of employees • Caution: Data is now 2 years old

  3. Certificated Salaries Nevada City Certificated Single Column 25 Steps 4% Steps 185 Days Health Cap - $8,149 51.3 FTEs 24% on top step Grass Valley • Certificated • Single Column • 18 Steps • 3% Steps • 187 days • Health Cap - $5,614 • 70.8 FTEs • 42% on top step

  4. Classified Salaries Nevada City Classified 10 Steps, plus longevity – 2-5% Health Cap – $7,384 Step increases – 4% Grass Valley • Classified • 10 Steps, plus longevity - 1-4% • Health Cap - $5,614 • Step increases – 3%

  5. Process and Assumptions • Certificated defaulted to GV higher calendar days – 187 vs NC 185 days • Default was the higher daily rate or hourly rate • Difference in step increases skews schedule at the higher steps • Longevity granted at the higher NC rates • Many assumptions made about like positions • No analysis was performed on other contract language for sick, vacations, benefits

  6. Process and Assumptions Cont’d No consideration was given to Superintendents or Business Managers compensation NC classified group is affiliated with CSEA, GV only the custodial and maintenance staff is No consideration was given to stipends, subs and other certificated costs

  7. All Staff Summary

  8. Total by Employee Group

  9. Revenue Limit Implications • Complexity of Preliminary Calculations • Basic Aid potential • Changing economic environment • Property tax estimates • Countywide transfer • Fair Share adjustments • Basic Aid charter supplemental • District of Choice

  10. Other Revenue Implications ASES at GV is site specific, demographics specific to NC should not impact funding Lottery funds will be lost for the first year, they may be trued up in year two

  11. Next Steps? • If it is the Board’s will, assign a Finance Committee to study the potential revenue limit and other revenue implications • Caution-what we know today WILL change tomorrow, these projections can be challenging • Many moving parts, decrease the level of certainty

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