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Croce PTA Meeting 3/4/10

Budget Crisis Update and Call to Action. Croce PTA Meeting 3/4/10. PTA Business State Update – Monica Baucke District Update – Mike Martinez and Susan Kinder School Update – Shari Johnston Call to Action – Monica Baucke. Agenda. Approval of Minutes – Francine Laronde

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Croce PTA Meeting 3/4/10

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  1. Budget Crisis Update and Call to Action Croce PTA Meeting3/4/10

  2. PTA Business State Update – Monica Baucke District Update – Mike Martinez and Susan Kinder School Update – Shari Johnston Call to Action – Monica Baucke Agenda

  3. Approval of Minutes – Francine Laronde Approval of Financials – Danielle Sands and Dawna Dougherty PTA Official Business

  4. How it Rolls

  5. Cuts • $66.9 Billion • 2009/10 cut $49.1 Billion • 2010/11 cut $17.8 Billion Time Machine • Funding same as in 2005/06 Magic Tricks • Waiver to fund $600,000 Million less • Federal Stimulus Money • Support Obama Programs State Cuts to Education

  6. Cost of Living Adjustment (COLA) • Negatively fund at -.38% • $650,000 less for Livermore Average Daily Attendance (ADA) • Butts in Seats • One time cut promised • Ongoing cut of $201 per student • $4946 per student • Long Island funds at $22,000 per student • Competing for universities and jobs State Cuts to Education

  7. $4.35 Billion Federal Money • Prepare students for 21st Century Education • 40 States Applied • 3/4/10 announcement of 16 states who made first cut • CA is not among them • Reapply for second round in Summer • Tenure Reform • Pay for Performance • Have to prove that you can deliver what you propose Race To The Top

  8. Mike Martinez Susan Kinder Interim Superintendent Executive Director of Fiscal Services

  9. 2009-2010 Budget Reductions • Reduced • Discretionary spending $229K • Increased class size at all levels $1.9M 29.0FTE • Reduced Special Ed Aides $428K 9.0FTE • IT support $49K • Custodial/clerical subs $25K • Eliminated • Nurse position $84K 1.0FTE • Teacher on Special Assign. $94K 1.0FTE • Maintenance position $77K 1.0FTE • P.E. Specialists (4 and 5) $165K 2.5FTE • Instrumental music positions $500K 7.6FTE • Adaptive P.E. position $60K 1.0FTE • Contract out (Speech) $200K • TOTAL ONGOING COSTS $3.81M

  10. 2009-2010 Budget Reductions • Five (5) furlough days $279K • (Negotiated with Mgmt, CSEA) • Categorical flexibility $1.66M • Savings from 2008-09 freeze $580K • Sweep categorical ending balance $1.75M • TOTAL ONE-TIME SAVINGS $4.27M • TOTAL ONGOING COSTS $3.81M • TOTAL CUTS AND SAVINGS $8.1M

  11. WHY CUTS ARE NECESSARY $9.7M

  12. WE ARE DEPENDENT ON STATE REVENUES OTHER STATEREVENUE14.4% STATEREVENUE LIMIT 64.1% FEDERAL REVENUE8.5% LOCALREVENUE13.0% Approximately 80% of our revenue comes from the State – in 08/09 it was over 90% Source: First Interim Budget presented on December 15, 2009

  13. The Big Picture

  14. We received $4.7 million in 2008/09 which helped postpone cuts • One time dollars now gone • In 2009/10 we received funds for: • Special Education ~$2.5 million • Title 1 students ~$700k • Again these are one time and once they are spent will not come again FEDERAL STIMULUS PROVIDED TEMPORARY RELIEF

  15. CASH FLOWApportionment Schedule = 100% = 100% February is deferred to July 2010 July is deferred to December April is deferred to August 2010 August is deferred to October November is deferred to January =82% in 2009/10

  16. Monthly payroll = ~ $8 million per month • Deferrals and reduced revenue may cause the need to borrow cash • Tax Revenue Anticipation Note (TRANs) • Additional expense for District • Issuance cost • Interest cost CASH FLOW REALITIES

  17. Monthly payroll = ~ $8 million per month • Deferrals and reduced revenue may cause the need to borrow cash • Tax Revenue Anticipation Note (TRANs) • Additional expense for District • Issuance cost • Interest cost CASH FLOW REALITIES

  18. Savings Approved or in Progress

  19. Other Reductions

  20. Other Reductions

  21. Other Reductions

  22. Other Reductions

  23. Questions

  24. Leo R. Croce Principal Shari Johnston

  25. Operating budget funded at 20% • Office supplies • Maintenance of office equipment • Discretionary funding for staff • Repair/replace computers, monitors, scantrons, printer cartridges, laminating, etc. • Backfill supply/workbook/planner purchases for families who cannot donate • Possible cuts to staff • Dependent upon how many FTE granted • Possible cut to library hours • Possible creating of ISS support base What does All this mean for croce?

  26. Possible combination classes for grades 4/5 Class sizes increased in K-3 to 24:1 No 5th grade music What Does this Mean for Croce?

  27. Questions

  28. PTA President Monica Baucke

  29. Today is a state-wide Call to Action to Defend Public Education! • Join PTA and RAISE YOUR VOICE! • Support PTA through volunteerism • Still looking for a PTA President • Sign the Local Control of Classrooms Funding Act—Million Member Support • 55% majority to pass parcel tax What can we do?

  30. Send letter to the Governor, Senate and Assembly • Donate to LVEF • Adopt a Child ($360 or $180) • Straight A’s (Academics, Athletics, Arts) • Register your Safeway Club Card • Neighbors, Relatives, Friends • Join BigTent • Expect a request for funding for school support What Can we do?

  31. Questions

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