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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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Budget Crisis Update and Call to Action Croce PTA Meeting3/4/10
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 Approval of Financials – Danielle Sands and Dawna Dougherty PTA Official Business
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
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
$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
Mike Martinez Susan Kinder Interim Superintendent Executive Director of Fiscal Services
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
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
WHY CUTS ARE NECESSARY $9.7M
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
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
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
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
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
Leo R. Croce Principal Shari Johnston
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?
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?
PTA President Monica Baucke
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?
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?