Albany Unified School District Regular Board Meeting: March 10 th, 2015 Allan Garde, CBO

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "Albany Unified School District Regular Board Meeting: March 10 th, 2015 Allan Garde, CBO"

Transcription

1 2 nd Interim Financial Report Albany Unified School District Regular Board Meeting: March 10 th, 2015 Allan Garde, CBO

2 Revenues The First Interim was approved in December. What changed since then? LCFF Funds ($147,402) State Reduced Funding Towards LCFF Parcel Tax Revenues ($76,719) Increased Exemptions Received Career Pathway Trust - $85,522 Facility-Use Rentals - $20,000 Donations - $51,148 Thank you for your support!

3 Expenditures The First Interim was approved in December. What changed since then? Special Education Contribution ($151,164) Partial Year Reduction in Non-Public School Students Non-Public School costs expected to rise next year based on new enrollment and needs Reduced Budgeted Expenses ($448,907) To more closely reflect End of the Year amounts as not all grants or donations are fully utilized each year (From Restricted Sources)

4 Ending Balance The First Interim was approved in December. What changed since then? Unrestricted Restricted 1st Interim $6,532,380 $343,190 Govenror's Proposal $6,406,182 $343,190 2nd Interim $6,556,178 $792,097 Restricted Portion of Ending Balance Proposition 39 Energy Funds Career Pathways Trust Expenses planned next year North Region SELPA Operating Reserve Donations

5 The 11-Step California State Budget Process

6 Currently Proposed Legislation Four bills introduced to repeal or modify the Cap on Reserves: AB Repeal SB Repeal AB Modify AB 1318 Modify Push led by California School Boards Association (CSBA), repeal recommended by the Legislative Analyst s Office (LAO) Nonpartisan Fiscal and Policy Advisor AB 1226 Adds Professional Development as a ninth priority in the LCAP

7 Correcting a message by the State Superintendent of Public Instruction Schools Chief Torlakson Reports Fewer Districts with Budget Problems "This is welcome news," said Torlakson. "It shows that the improving economy and additional revenues ^ TEMPORARY from Proposition 30 have helped pull many school districts out of financial jeopardy, allowing them to ^ FOR NOW concentrate on their most important task educating their students." UNTIL IN A FEW YEARS, FOR SOME DISTRICTS, WHEN THE ADDITIONAL REVENUES BECOME INSUFFICIENT TO COVER THE ADDITIONAL STATE MANDATED COSTS.

8 Where are the additional revenues going? 2014/15 Current Year Gap Funding $2,248,595 State Mandated Commitments Additional Supplemental Grant Funding ($490,734) STRS Increase ($76,269) PERS Increase ($6,150) Total Required Commitments ($573,153) Board Commitments Additional Teacher Hirings Due to Class-Size and Enrollment ($656,359) Common Core Backfill ($125,000) Restricted Routine Maintenance ($200,000) 9-12 CTE Net to Fund 17 ($227,000) Total Board Commitments ($1,208,359) Total Commitments ($1,781,512) Net LCFF Funding $467,083 Net funding available for other cost increases: Step and Column Salary Increases Health and Welfare Increases Consumer Price Index (CPI) Supply and Services Increases

9 All the Other Funds Facilities DESCRIPTION ALBANY UNIFIED SCHOOL DISTRICT BUDGET SUMMARY ALL OTHER FUNDS ND INTERIM REPORT Deferred Maintenance Fund 14 Building Fund 21 Capital Facilities Fund 25 County Schools Facilities Fund 35 Bond and Interest Redemption Fund 51 $ $ $ Total Revenues $ 214,113 $ 10,000 $ 50,475 $ 1 3,685,648 Total Expenditures $ 1,965,713 $ 1,201,482 $ 76,932 $ 3,074,542 3,614,492 Total Sources Financing Sources (Uses) $ 1,275,000 $ - $ - $ (1) - NET INCREASE(DECREASE) IN FUND BALANCE $ (476,600) $ (1,191,482) $ (26,457) $ (3,074,542) $ 71,156 Budgeted Beginning Fund Balance $ 476,600 $ 1,321,132 $ 26,457 $ 3,074,542 $ 2,904,040 Ending Fund Balance $ - $ 129,650 $ - $ - $ 2,975,196 COMPONENTS OF FUND BALANCE Reserved Amounts $ - $ 129,650 $ - $ - $ - Legally Restricted $ - $ - $ - $ - $ 2,975,196 Undesignated Fund Balance $ - $ - $ - $ - $ - Building Fund 21 Measure E Pool Ending Balance The zero ending balances allow us to apply for Financial Hardship for Marin Elementary

10 All the Other Funds Non-Facilities DESCRIPTION ALBANY UNIFIED SCHOOL DISTRICT BUDGET SUMMARY ALL OTHER FUNDS ND INTERIM REPORT SELPA Pas s - Through Fund 10 Child Development Fund 12 Cafeteria Fund 13 Special Reserves Fund 17 Other Post- Employment Benefits Fund 20 $ $ $ Total Revenues $ 17,378,794 $ 2,243,859 $ 1,004,800 $ - 4,463 Total Expenditures $ 17,378,794 $ 2,239,612 $ 1,047,591 $ - - Total Sources Financing Sources (Uses) $ - $ - $ 2,319 $ 227,531 (1,275,000) NET INCREASE(DECREASE) IN FUND BALANCE $ - $ 4,247 $ (40,472) $ 227,531 $ (1,270,537) Budgeted Beginning Fund Balance $ - $ 231, $ 186, $ 250,001 $ 1,270,537 Ending Fund Balance $ - $ 235, $ 145, $ 477,532 $ - COMPONENTS OF FUND BALANCE Reserved Amounts $ - $ 202,547 $ - $ 477,532 $ - Legally Restricted $ - $ 33,407 $ 145,780 $ - $ - Undesignated Fund Balance $ - $ - $ - $ - $ - Fund 12 (Albany Children s Center) Currently reviewing fee schedule to be in line with local area Fund 13 (Food Service) Additional marketing planned to reduce the current projected deficit

11 Multi-Year Projections Unrestricted General Fund Albany Unified School District nd Interim Budget Unrestricted General Fund 2nd Interim Projected Projected Projected Budget Budget Budget Budget Total Revenues $24,244,017 $25,277,585 $26,395,798 $27,522,915 Total Expenditures $24,972,373 $25,847,617 $26,801,633 $27,650,131 Net Increase (Decrease) $(728,356) $(570,032) $(405,835) $(127,216) Beginning Fund Balance $7,309,533 $6,581,178 $6,011,145 $5,605,311 Ending Fund Balance $6,581,178 $6,011,145 $5,605,311 $5,478,094 Reserve for Revolving & Stores 25,000 25,000 25,000 25,000 Reserve for Economic Uncertainties 1,203,729 1,204,111 1,246,913 1,287,542 Additional Supplemental Funds - 375, , ,845 Total Unrestricted Undesignated Reserves 5,352,448 4,406,339 3,732,512 3,376,706 Growth in Supplemental Funds have to be spent on: Low-Socioeconomic, Foster Youth, and English Learners As LCFF gets implemented, these targeted funds will increase

12 Multi-Year Projections Restricted General Fund Albany Unified School District nd Interim Budget Restricted General Fund 2nd Interim Projected Projected Projected Budget Budget Budget Budget Total Revenues $14,905,745 $14,926,266 $15,010,068 $15,049,127 Total Expenditures $15,151,942 $14,289,423 $14,762,128 $15,267,951 Net Increase (Decrease) $(246,197) $636,843 $247,940 $(218,824) Beginning Fund Balance $1,038,295 $792,098 $1,428,941 $1,676,881 Ending Fund Balance $792,098 $1,428,941 $1,676,881 $1,458,057 Why is the Restricted Ending Balance Growing? Restricted Routine Maintenance 3% Requirement Allocated Expenditures not budgeted

13 Multi-Year Projections Combined General Fund Albany Unified School District nd Interim Budget Combined General Fund 2nd Interim Projected Projected Projected Budget Budget Budget Budget Total Revenues $39,149,762 $40,203,850 $41,405,866 $42,572,041 Total Expenditures $40,124,315 $40,137,040 $41,563,761 $42,918,082 Net Increase (Decrease) $(974,553) $66,810 $(157,895) $(346,041) Ending Fund Balance 7,373,276 7,440,086 7,282,191 6,936,150 Total Restricted Reserves 2,020,827 2,658,052 2,948,794 2,770,599 Additional Supplemental Funds Total Unrestricted Undesignated Reserves Current Year Requirement Positive Certification - 375, , ,845 5,352,448 4,406,339 3,732,512 3,376,706 Total Reserves (With Minimum Required 3% and Undesignated Reserves) Unrestricted Reserves 16.34% 13.98% 11.98% 10.87% 13.34% 10.98% 8.98% 7.87% June Budget Adoption Requirement Positive Certification

14 What is Not Included? What Could Change the Financials by the end of the year? CSEA Job Description Review ATA, CSEA, and SEIU Annual Negotiations Updated SELPA Allocations (Special Education) P-2 Attendance Submitted in April Governor s May Revise

15 Next Steps March 10 Approve 2 nd Interim Budget April 7 Budget Work study #3 By May 10 Governor s May Revise May 26 Budget Work study #4 May 26 Board Update on Governor s May Revise June 9 Public Hearing of the 2015/16 LCAP and Budget June 23 Adopt 2015/16 LCAP and Budget Local Control Accountability Plan Advisory Committee Meetings March 11 April 8 May 13

GENERAL FUND BUDGET NARRATIVE

GENERAL FUND BUDGET NARRATIVE GENERAL FUND BUDGET NARRATIVE The 2014-15 Final Budget is the result of a great deal of work and effort by many people involved with the Dublin Unified School District. The Board of Trustees had provided

More information

Funding Per Average Daily Attendance (ADA) Actual vs. Prior Statutory Level

Funding Per Average Daily Attendance (ADA) Actual vs. Prior Statutory Level Funding Per Average Daily Attendance (ADA) Actual vs. Prior Statutory Level 1 Saddleback Valley Unified School District $7,500 Dollars Per ADA $7,000 $6,500 $6,000 $5,500 $5,000 $5,785 $5,785 $6,114 $5,635

More information

Criteria and Standards Review Summary

Criteria and Standards Review Summary First Interim DISTRICT CERTIFICATION OF INTERIM REPORT For the Fiscal Year 2015-16 Form CI NOTICE OF CRITERIA AND STANDARDS REVIEW. This interim report was based upon and reviewed using the state-adopted

More information

California s Economy A-4

California s Economy A-4 California s Economy A-4 The performance of the economy and state tax revenues have always shaped the State Budget However, for 2011-12 there is a direct link between revenues and midyear trigger cuts

More information

First Interim Budget For Fiscal year 2016~17

First Interim Budget For Fiscal year 2016~17 Office of the Chief Financial Officer Budget Services 135 Van Ness Avenue San Francisco, CA 94102 Board of Education Office of the Superintendent 555 Franklin Street San Francisco, CA 94102 Office of Education

More information

Ventura Unified School District 45-Day Budget Update Presentation. July 28, 2015 Board of Education Meeting

Ventura Unified School District 45-Day Budget Update Presentation. July 28, 2015 Board of Education Meeting Ventura Unified School District 45-Day Budget Update Presentation July 28, 2015 Board of Education Meeting The Legislature Weighs In In January and May, we focus on the Governor s State Budget proposals,

More information

SANTA MONICA COMMUNITY COLLEGE DISTRICT 2015-2016 PROPOSED ADOPTED BUDGET NARRATIVE

SANTA MONICA COMMUNITY COLLEGE DISTRICT 2015-2016 PROPOSED ADOPTED BUDGET NARRATIVE SANTA MONICA COMMUNITY COLLEGE DISTRICT 2015-2016 PROPOSED ADOPTED BUDGET NARRATIVE The Santa Monica Community College District Proposed Adopted Budget for fiscal year 2015-2016 is comprised of the following

More information

CALIFORNIA S NEW EDUCATION FUNDING FORMULA:

CALIFORNIA S NEW EDUCATION FUNDING FORMULA: CALIFORNIA S NEW EDUCATION FUNDING FORMULA: What is it? Who benefits? What does it mean for students? How can I get involved? In July 2013, California dramatically reformed the way we fund our schools.

More information

Zaragoza-Diaz & Associates

Zaragoza-Diaz & Associates MEMORANDUM Date: June 23, 2014 To: Subject: Chi State Members Summary of State Budget: K-12 Component Cc: Hazel Powell, Carolyn Clark I. General Comments The Governor signed the 2014-15 State Budget Act,

More information

Adopted budget For Fiscal year 2016~17

Adopted budget For Fiscal year 2016~17 Office of the Chief Financial Officer Budget Division 135 Van Ness Avenue San Francisco, CA 94102 Board of Education Office of the Superintendent 555 Franklin Street San Francisco, CA 94102 Office of Education

More information

NEW PHILADELPHIA CITY SCHOOLS FIVE-YEAR FORECAST 2013-2017

NEW PHILADELPHIA CITY SCHOOLS FIVE-YEAR FORECAST 2013-2017 Real Estate Tax Assumptions NEW PHILADELPHIA CITY SCHOOLS FIVE-YEAR FORECAST 2013-2017 REVENUE ASSUMPTIONS Real estate taxes had increased at approximately 1.1% to 2.0% through 2012 and a 1.5% increase

More information

San Diego Unified School District. July 1 Budget (Single Adoption) For the Fiscal Year 2016/17. Second Reading June 28, 2016 TABLE OF CONTENTS

San Diego Unified School District. July 1 Budget (Single Adoption) For the Fiscal Year 2016/17. Second Reading June 28, 2016 TABLE OF CONTENTS FORM TITLE San Diego Unified School District (Single Adoption) For the Fiscal Year 2016/17 Second Reading June 28, 2016 TABLE OF CONTENTS PAGE NUMBER TOC Table of Contents 1 CERTIFICATIONS CB Certification

More information

Assessment and Accountability Update: SBAC Field Test and Impact on AYP/API/AMAOs

Assessment and Accountability Update: SBAC Field Test and Impact on AYP/API/AMAOs Assessment and Accountability Update: SBAC Field Test and Impact on AYP/API/AMAOs Bilingual Coordinators Network December 2013 Keric Ashley, Director Analysis, Measurement and Accountability Reporting

More information

Previously Sponsored & Supported Legislation:

Previously Sponsored & Supported Legislation: 2015 Previously Sponsored & Supported Legislation: Sponsored AB 770: Remedial Education Redesign Author: Assemblymember Irwin Status: Held in Senate Appropriations Campaign Position: Sponsor This bill

More information

*SB0002* S.B. 2 1 PUBLIC EDUCATION BUDGET AMENDMENTS. LEGISLATIVE GENERAL COUNSEL Approved for Filing: V. Ashby 03-07-16 8:49 AM

*SB0002* S.B. 2 1 PUBLIC EDUCATION BUDGET AMENDMENTS. LEGISLATIVE GENERAL COUNSEL Approved for Filing: V. Ashby 03-07-16 8:49 AM LEGISLATIVE GENERAL COUNSEL Approved for Filing: V. Ashby 03-07-16 8:49 AM S.B. 2 1 PUBLIC EDUCATION BUDGET AMENDMENTS 2 2016 GENERAL SESSION 3 STATE OF UTAH 4 Chief Sponsor: Lyle W. Hillyard 5 House Sponsor:

More information

Report on School District Reserves

Report on School District Reserves Report on School District Reserves California School Boards Association December, 2014 With approval of Proposition 2, the school district reserve cap is now enacted as part of SB 858 (Chapter 32 of the

More information

How Do the New Limitations on District Reserves Work... and What Should Districts Do Now?

How Do the New Limitations on District Reserves Work... and What Should Districts Do Now? 9/8/2014 SSC Fiscal Report print Copyright 2014 School Services of California, Inc. Volume 34 For Publication Date: June 27, 2014 No. 13 How Do the New Limitations on District Reserves Work... and What

More information

How Utah Public Schools are Funded. Office of Legislative Research and General Counsel February 5, 2013

How Utah Public Schools are Funded. Office of Legislative Research and General Counsel February 5, 2013 How Utah Public Schools are Funded Office of Legislative Research and General Counsel February 5, 2013 Utah Public Education System State Board of Education Utah State Office of Education 41 School Districts

More information

NEW PHILADELPHIA CITY SCHOOLS FIVE-YEAR FORECAST 2015-2019

NEW PHILADELPHIA CITY SCHOOLS FIVE-YEAR FORECAST 2015-2019 Real Estate Tax Assumptions NEW PHILADELPHIA CITY SCHOOLS FIVE-YEAR FORECAST 2015-2019 REVENUE ASSUMPTIONS Real estate taxes had increased at approximately 1.1% to 2.0% through 2013 and a 0.5% increase

More information

FOLLOWING THE MONEY: Understanding Los Angeles Unified School District s Finances and Impacting the Budget

FOLLOWING THE MONEY: Understanding Los Angeles Unified School District s Finances and Impacting the Budget : Understanding Los Angeles Unified School District s Finances and Impacting the Budget Advancement Project 2012 Generous support for this curriculum was provided by California Community Foundation ABOUT

More information

California Virtual Academy @ San Diego Education Protection Account (EPA) Spending: Plan and Actual Fiscal Year 2013-14

California Virtual Academy @ San Diego Education Protection Account (EPA) Spending: Plan and Actual Fiscal Year 2013-14 California Virtual Academy @ San Diego Education Protection Account (EPA) Spending: Plan and Actual Fiscal Year 2013-14 Proposition 30, The Schools and Local Public Safety Protection Act of 2012, approved

More information

2005 SCHOOL FINANCE LEGISLATION Funding and Distribution

2005 SCHOOL FINANCE LEGISLATION Funding and Distribution 2005 SCHOOL FINANCE LEGISLATION Funding and Distribution RESEARCH REPORT # 3-05 Legislative Revenue Office State Capitol Building 900 Court Street NE, H-197 Salem, Oregon 97301 (503) 986-1266 http://www.leg.state.or.us/comm/lro/home.htm

More information

Funding Pennsylvania Public Schools

Funding Pennsylvania Public Schools Funding Pennsylvania Public Schools TM 1 Introduction A recent study by the Pennsylvania School Boards Association determined that many citizens do not understand how Pennsylvania s public schools are

More information

2015 Higher Education Legislation

2015 Higher Education Legislation 2015 Higher Education Legislation Student Success AB 770: Assemblymember Irwin Remedial Education Redesign Status: Held in Senate Appropriations Campaign Position: Co-Sponsor This bill builds upon the

More information

Governmental Funds Group General Fund:

Governmental Funds Group General Fund: Governmental Funds Group General Fund: 10 REVENUES, EPENDITURES, AND FUND BALANCE DATA For Year: 2004-05 Year: 2005-06 REVENUES: Federal Revenues Revenues Local Revenues TOTAL REVENUES EPENDITURES: Academic

More information

3/16/2012 SCHOOL FINANCE SCHOOL FINANCE SCHOOL FINANCE

3/16/2012 SCHOOL FINANCE SCHOOL FINANCE SCHOOL FINANCE SCHOOL FINANCE HB 2200 (formerly SB 450 bi-partisan plan) On Senate General Orders $74 base budget per pupil increase 2013 and 2014. Maximum LOB: 31% to 32% in 2013 and 33% in 2014. No mandatory election

More information

Unaudited Actuals Charter Schools Enterprise Fund Expenses by Object

Unaudited Actuals Charter Schools Enterprise Fund Expenses by Object A. REVENUES 1) Revenue Limit Sources 8010-8099 2,430,393.56 3,750,106.00 54.3% 2) Federal Revenue 8100-8299 302,327.54 461,689.25 52.7% 3) Other State Revenue 8300-8599 984,557.86 1,500,453.12 52.4% 4)

More information

Oakland Unified School District. Annual Financial Report

Oakland Unified School District. Annual Financial Report Oakland Unified School District Annual Financial Report June 30, 2015 TABLE OF CONTENTS JUNE 30, 2015 FINANCIAL SECTION Independent Auditor's Report 2 Management's Discussion and Analysis 5 Basic Financial

More information

County Offices of Education and School Districts What s the Difference?

County Offices of Education and School Districts What s the Difference? February 20, 2013 County Offices of Education and School Districts What s the Difference? Wendy Benkert Associate Superintendent, Business Services Orange County Department of Education What s Different

More information

Local Control Funding Formula Legal Issues. Presented by: Paul C. Minney, Esq. Lisa A. Corr, Esq.

Local Control Funding Formula Legal Issues. Presented by: Paul C. Minney, Esq. Lisa A. Corr, Esq. Local Control Funding Formula Legal Issues Presented by: Paul C. Minney, Esq. pminney@mycharterlaw.com Lisa A. Corr, Esq. lcorr@mycharterlaw.com 1 Overview I. New LCFF Laws Affecting Charter Schools II.

More information

Understanding School Choice in Alachua County: Funding School Choice in Florida

Understanding School Choice in Alachua County: Funding School Choice in Florida Understanding School Choice in Alachua County: Funding School Choice in Florida Florida has been a leader in developing both public and private school alternative programs to address the challenges of

More information

BUCKEYE VALLEY LOCAL SCHOOLS, DELAWARE COUNTY NOTES/ASSUMPTIONS TO FIVE-YEAR FORECAST FOR APPROVAL MAY 13, 2014

BUCKEYE VALLEY LOCAL SCHOOLS, DELAWARE COUNTY NOTES/ASSUMPTIONS TO FIVE-YEAR FORECAST FOR APPROVAL MAY 13, 2014 May 13, 2014 The following assumptions were used in projecting revenue and expenditures for Fiscal Year 2014 through 2018. This is the district s best estimates at this point in time. This forecast is

More information

TEMPORARY TAXES TO FUND EDUCATION. GUARANTEED LOCAL PUBLIC SAFETY FUNDING. INITIATIVE CONSTITUTIONAL AMENDMENT.

TEMPORARY TAXES TO FUND EDUCATION. GUARANTEED LOCAL PUBLIC SAFETY FUNDING. INITIATIVE CONSTITUTIONAL AMENDMENT. PROPOSITION 30 30 TEMPORARY TAXES TO FUND EDUCATION. OFFICIAL TITLE AND SUMMARY PREPARED BY THE ATTORNEY GENERAL TEMPORARY TAXES TO FUND EDUCATION. Increases personal income tax on annual earnings over

More information

Fact Sheet: The ERAF Property Tax Shift

Fact Sheet: The ERAF Property Tax Shift 1400 K Street, Suite 400 Sacramento, California 95814 Phone: 916.658.8200 Fax: 916.658.8240 www.cacities.org Fact Sheet: The ERAF Property Tax Shift In 1992, the State of California found itself in a serious

More information

San Diego Unified School District

San Diego Unified School District San Diego Unified School District Fiscal Review October 1, 2009 Joel D. Montero Chief Executive Officer October 1, 2009 Terry Grier, Superintendent San Diego Unified School District 4100 Normal Street

More information

Miami County, Ohio FIVE-YEAR FINANCIAL FORECAST NOTES AND ASSUMPTIONS. For the Fiscal Years Ending June 30, 2015 through 2019

Miami County, Ohio FIVE-YEAR FINANCIAL FORECAST NOTES AND ASSUMPTIONS. For the Fiscal Years Ending June 30, 2015 through 2019 Miami County, Ohio FIVE-YEAR FINANCIAL FORECAST NOTES AND ASSUMPTIONS For the Fiscal Years Ending June 30, 2015 through 2019 May 11, 2015 The mission of the Troy City Schools, in partnership with our community,

More information

STAKEHOLDER ENGAGEMENT

STAKEHOLDER ENGAGEMENT STAKEHOLDER ENGAGEMENT Pomona Unified School District Richard Martinez, Superintendent Stephanie Baker, Deputy Superintendent October 2014 1 Progress Indicators Pomona Unified new Local Control Accountability

More information

FY2013-14 SUMMARY BUDGET-FINAL BUDGET COLLEGE VIEW MS

FY2013-14 SUMMARY BUDGET-FINAL BUDGET COLLEGE VIEW MS COLLEGE VIEW Budgeted Pupil Count 303.0 BEGINNING FUND BALANCE (Includes ALL Reserves) REVENUES Object/ Source 108,472.00 108,472.00 Local Sources 1000-1999 537,914.00 537,914.00 Intermediate Sources 2000-2999

More information

Additional CCSD Dual Credit Class List. CEM 100 Construction Management (Credits); 3 AIT 200 Applied Industrial Technology Projects (Credits); 1-6

Additional CCSD Dual Credit Class List. CEM 100 Construction Management (Credits); 3 AIT 200 Applied Industrial Technology Projects (Credits); 1-6 Additional CCSD Dual Credit Class List CEM 100 Construction Management (Credits); 3 AIT 200 Applied Industrial Technology Projects (Credits); 1-6 FY16 (School Year 15-16) Tentative Budget Carson City School

More information

Teacher Highest Salary Offered (District)

Teacher Highest Salary Offered (District) How is Redwood City School District funded? California public school financing is incredibly complex. Layers of legislation over the years have resulted in a hybrid funding system that today partially

More information

RESOLUTION NO. 14-047 THE EDUCATION PROTECTION ACCOUNT

RESOLUTION NO. 14-047 THE EDUCATION PROTECTION ACCOUNT RESOLUTION NO. 14-047 THE EDUCATION PROTECTION ACCOUNT WHEREAS, the voters approved Proposition 30 on November 6, 2012; WHEREAS, Proposition 30 added Article XIII, Section 36 to the California Constitution

More information

CFDs, SFIDs, and DEVELOPER FEES

CFDs, SFIDs, and DEVELOPER FEES CFDs, SFIDs, and DEVELOPER FEES Sandi Burgoyne, Director Poway Unified School District 13626 Twin Peaks Road Poway, CA 92064 AUGUST 23, 2013 Community Facilities Districts (CFDs) - Just What Are They»

More information

TAX TO FUND EDUCATION AND EARLY CHILDHOOD PROGRAMS. INITIATIVE STATUTE.

TAX TO FUND EDUCATION AND EARLY CHILDHOOD PROGRAMS. INITIATIVE STATUTE. PROPOSITION 30 TAX TO FUND EDUCATION AND EARLY CHILDHOOD PROGRAMS. OFFICIAL TITLE AND SUMMARY PREPARED BY THE ATTORNEY GENERAL TAX TO FUND EDUCATION AND EARLY CHILDHOOD PROGRAMS..Increases personal income

More information

The NEVADA PLAN For School Finance An Overview

The NEVADA PLAN For School Finance An Overview The NEVADA PLAN For School Finance An Overview Fiscal Analysis Division Legislative Counsel Bureau 2013 Legislative Session Nevada Plan for School Finance I. Overview of Public K-12 Education Finance

More information

California Task Force on Special Education

California Task Force on Special Education California Task Force on Special Education Dr. Amy Lambert, Assistant Superintendent Information Report No. 5 September 1, 2015 Background On The Task Force Formation LCFF and LCAP made dramatic changes

More information

LEGISLATIVE SERVICES AGENCY OFFICE OF FISCAL AND MANAGEMENT ANALYSIS 301 State House (317) 232-9855

LEGISLATIVE SERVICES AGENCY OFFICE OF FISCAL AND MANAGEMENT ANALYSIS 301 State House (317) 232-9855 LEGISLATIVE SERVICES AGENCY OFFICE OF FISCAL AND MANAGEMENT ANALYSIS 301 State House (317) 232-9855 FISCAL IMPACT STATEMENT LS 7482 DATE PREPARED: Mar 30, 2001 BILL NUMBER: SB 199 BILL AMENDED: Mar 29,

More information

A Guide to. NYC Public Schools Budget

A Guide to. NYC Public Schools Budget A Guide to NYC Public Schools Budget Dear New York City Community Member, With 1.1 million students and over 1,700 schools, the New York City Department of Education (DOE) is the largest school system

More information

Budget Survey. Survey Results and Analysis. Charlotte-Mecklenburg Schools January 23 February 8, 2013

Budget Survey. Survey Results and Analysis. Charlotte-Mecklenburg Schools January 23 February 8, 2013 Budget Survey Survey Results and Analysis Charlotte-Mecklenburg Schools January 23 February 8, 2013 Overview The superintendent of Charlotte-Mecklenburg Schools invited parents, staff, students and community

More information

POWAY UNIFIED SCHOOL DISTRICT BOARD OF EDUCATION REGULAR BOARD MEETING AGENDA. May 20, 2013

POWAY UNIFIED SCHOOL DISTRICT BOARD OF EDUCATION REGULAR BOARD MEETING AGENDA. May 20, 2013 POWAY UNIFIED SCHOOL DISTRICT BOARD OF EDUCATION REGULAR BOARD MEETING AGENDA May 20, 2013 District Office Community Room 15250 Avenue of Science San Diego, CA 92128 REGULAR MEETING BEGINS AT 6:00 P.M.

More information

To inspire every student to think, to learn, to achieve, to care

To inspire every student to think, to learn, to achieve, to care Our Mission To inspire every student to think, to learn, to achieve, to care MESSAGE FROM OUR SUPERINTENDENT Our Dedication to Excellence Harry Bull, Jr., Ed.D. We are dedicated to excellence every day.

More information

State's Commitments to Provide Adequate Financial Support for UC and CSU

State's Commitments to Provide Adequate Financial Support for UC and CSU HIGHER EDUCATION COMPACT Agreement Between Governor Schwarzenegger, the University of California, and the California State University 2005-06 through 2010-11 The Master Plan, which has been California

More information

BP 6000 (a) Instruction CONCEPTS AND ROLES

BP 6000 (a) Instruction CONCEPTS AND ROLES Instruction BP 6000 (a) CONCEPTS AND ROLES The Governing Board desires to provide a comprehensive, research-based curriculum that motivates every student to succeed. The district s educational program

More information

Moving Forward: Addressing Inequities in School Finance Through the Governor s Local Control Funding Formula

Moving Forward: Addressing Inequities in School Finance Through the Governor s Local Control Funding Formula 1107 9th Street, Suite 310 Sacramento, California 95814 (916) 444-0500 www.cbp.org cbp@cbp.org Moving Forward: Addressing Inequities in School Finance Through the Governor s Local Control Funding Formula

More information

SUPPLEMENTAL NOTE ON SENATE SUBSTITUTE FOR HOUSE BILL NO. 2506

SUPPLEMENTAL NOTE ON SENATE SUBSTITUTE FOR HOUSE BILL NO. 2506 SECOND CORRECTED SESSION OF 2014 SUPPLEMENTAL NOTE ON SENATE SUBSTITUTE FOR HOUSE BILL NO. 2506 Brief* As Recommended by Senate Committee on Ways and Means Senate Sub. for HB 2506 would appropriate an

More information

The Roles of. for School District Public Financing

The Roles of. for School District Public Financing The Roles of Finance Team Members for School District Public Financing presented by Adam Bauer, Principal i Fieldman, Rolapp & Associates (949) 660-7303 (949) 295-5735 abauer@fieldman.com FRA127653 Presenter:

More information

Senate Bill No CHAPTER 624

Senate Bill No CHAPTER 624 Senate Bill No. 1456 CHAPTER 624 An act to amend Sections 76300, 78210, 78211, 78211.5, 78212, 78213, 78214, 78215, 78216, and 78218 of, and to repeal Section 78212.5 of, the Education Code, relating to

More information

LOCAL CONTROL FUNDING FORMULA

LOCAL CONTROL FUNDING FORMULA LOCAL CONTROL FUNDING FORMULA Calculator Manual & Training Guide For use in conjunction with v15.2 Table of Contents How to Use This Manual... 3 Background... 4 Navigation... 5 Quick Start Guide... 7 School

More information

SCHOOL FINANCE 101. Presented by Brenda Burkett, CPA, SFO Chief Financial Officer Norman Public Schools. February 2015

SCHOOL FINANCE 101. Presented by Brenda Burkett, CPA, SFO Chief Financial Officer Norman Public Schools. February 2015 SCHOOL FINANCE 101 Presented by Brenda Burkett, CPA, SFO Chief Financial Officer Norman Public Schools February 2015 Budget and Funding Timeline JUN JUL AUG SEP OCT NOV Final State Aid Allocation from

More information

May 5, 2014. Chief Executive Officer

May 5, 2014. Chief Executive Officer California State Teachers Retirement System Executive Office PO Box 15275 Sacramento, CA 95851-0275 www.calstrs.com TO: FROM: All County Superintendents of Schools District Superintendents of Schools Charter

More information

Local Control Funding Formula LCFF Calculator

Local Control Funding Formula LCFF Calculator Local Control Funding Formula LCFF Calculator Presented by: Marisa Ploog, CPA, CFE, CICA, CGMA Fiscal Crisis and Management Assistance Team Andrea Alvarado Fiscal Crisis and Management Assistance Team

More information

DISTRICT BUSINESS SERVICES

DISTRICT BUSINESS SERVICES Karen Sakata, Superintendent of Schools 77 Santa Barbara Road Pleasant Hill, CA 94523 (925) 942-3388 DISTRICT BUSINESS SERVICES To: From: District Business Officials Contra Costa County School Districts

More information

EXHIBIT A MEASURE TEXT I. ABBREVIATION OF THE MEASURE

EXHIBIT A MEASURE TEXT I. ABBREVIATION OF THE MEASURE EXHIBIT A MEASURE TEXT I. ABBREVIATION OF THE MEASURE [This summarizes, in 75 words or less, the full text of the proposition which appears below.] To reduce the drop-out rate and provide Oakland high

More information

Williams Settlement Highlights April 2005

Williams Settlement Highlights April 2005 Williams Settlement Highlights April 2005 I. SUMMARY The Williams settlement requires that all students have instructional materials and that their schools be clean and safe. It also takes steps toward

More information

Montana Department of Revenue

Montana Department of Revenue Montana Department of Revenue Dan Bucks Director Brian Schweitzer Governor To: From: Revenue and Transportation Interim Committee Dan Dodds, Senior Economist Date: April 20, 2012 Subject: Annual Report

More information

Funding California Schools

Funding California Schools Funding California Schools The Revenue Limit System March 2010 Margaret Weston Supported with funding from The William and Flora Hewlett Foundation Summary California s 978 school districts receive the

More information

Your Retirement Formula: How It Works

Your Retirement Formula: How It Works Your Retirement Formula: How It Works CalSTRS 2% at 60 Faye is a first-grade teacher with 29 years of service credit. She just turned 58 and though not in a hurry to retire, she s been thinking more about

More information

SENATE STAFF ANALYSIS AND ECONOMIC IMPACT STATEMENT

SENATE STAFF ANALYSIS AND ECONOMIC IMPACT STATEMENT SENATE STAFF ANALYSIS AND ECONOMIC IMPACT STATEMENT (This document is based on the provisions contained in the legislation as of the latest date listed below.) BILL: SPONSOR: SUBJECT: SB 38A Senator Webster

More information

REVENUES. Approved FY 2004 Budget Spotsylvania, Virginia

REVENUES. Approved FY 2004 Budget Spotsylvania, Virginia REVENUES 37 Property Tax Revenue Trend 70,000,000 60,000,000 50,000,000 Dollars 40,000,000 30,000,000 20,000,000 10,000,000 - Note: Top part of Personal Property bar is State revenue received from Personal

More information

Basic Funding for Community Day Schools

Basic Funding for Community Day Schools JACK O CONNELL State Superintendent of Public Instruction C A L I F O R N I A D E P A R T M E N T O F E D U C A T I O N 1500 N. Street P. O. Box 944272 Community Day School Funding Sacramento, CA 94244-2720

More information

SCHOOL OCCUPATIONAL LICENSE TAX UNION COUNTY PUBLIC SCHOOLS

SCHOOL OCCUPATIONAL LICENSE TAX UNION COUNTY PUBLIC SCHOOLS SCHOOL OCCUPATIONAL LICENSE TAX UNION COUNTY PUBLIC SCHOOLS Community Information Meetings Union County Public Schools has been hosting a series of Community Information Meetings regarding the 0.5% (half

More information

STUDENT ASSESSMENT AND SCHOOL ACCOUNTABILITY IN UTAH

STUDENT ASSESSMENT AND SCHOOL ACCOUNTABILITY IN UTAH Education Policy Brief August 2012 STUDENT ASSESSMENT AND SCHOOL ACCOUNTABILITY IN UTAH Utah Legislature Office of Legislative Research and General Counsel HIGHLIGHTS The purpose of the Utah Performance

More information

Initiative 1351 Fiscal Impact

Initiative 1351 Fiscal Impact Initiative 1351 Fiscal Impact Initiative 1351 (I-1351) will not increase or decrease state revenues. State expenditures will increase through distributions to local school districts by an estimated $4.7

More information

Financing Education In Minnesota 2013-14. A Publication of the Minnesota House of Representatives Fiscal Analysis Department

Financing Education In Minnesota 2013-14. A Publication of the Minnesota House of Representatives Fiscal Analysis Department Financing Education In Minnesota 2013-14 A Publication of the Minnesota House of Representatives Fiscal Analysis Department November 2013 Financing Education in Minnesota 2013-14 A Publication of the Minnesota

More information

California County Superintendents Educational Services Association Local Control Accountability Plan (LCAP) Approval Manual

California County Superintendents Educational Services Association Local Control Accountability Plan (LCAP) Approval Manual California County Superintendents Educational Services Association Local Control Accountability Plan (LCAP) Approval Manual 2014-15 Edition April 30, 2014 This edition of the CCSESA LCAP Approval Manual

More information

Joint Select Committee on Health Care Reform

Joint Select Committee on Health Care Reform LD 1611 An Act To Provide Affordable Health Insurance to Small Businesses and Individuals and To Control Health Care Costs PUBLIC 469 Sponsor(s) Committee Report Amendments Adopted O'NEIL OTP-AM H-565

More information

AB 86: Adult Education

AB 86: Adult Education AB 86: Adult Education Webinar Series http://ab86.cccco.edu 1-23-2015 Agenda for Today s Webinar Governor s Budget Highlights Next Steps on the proposal Questions? Partnering between K-12 Adult and Community

More information

CALIFORNIA DEPARTMENT OF EDUCATION (CDE) INVESTIGATION OF APPEAL AGAINST THE LOS ANGELES UNIFIED SCHOOL DISTRICT REYNA FRIAS, APPELLANT

CALIFORNIA DEPARTMENT OF EDUCATION (CDE) INVESTIGATION OF APPEAL AGAINST THE LOS ANGELES UNIFIED SCHOOL DISTRICT REYNA FRIAS, APPELLANT CALIFORNIA DEPARTMENT OF EDUCATION (CDE) INVESTIGATION OF APPEAL AGAINST THE LOS ANGELES UNIFIED SCHOOL DISTRICT REYNA FRIAS, APPELLANT District: Los Angeles Unified School District (LAUSD) County: Los

More information

Williams Settlement Legislation IM FAQs

Williams Settlement Legislation IM FAQs Taken from: http://www.cde.ca.gov/ci/cr/cf/williamsimfaq.asp Last modified: August 30, 2007 Questions: Kenneth McDonald KMcDonald@cde.ca.gov 916-319-0447 Williams Settlement Legislation IM FAQs Williams

More information

Hacienda La Puente Unified School District

Hacienda La Puente Unified School District Hacienda La Puente Unified School District Fiscal Review April 12, 27 Joel D. Montero Chief Executive Officer April 12, 27 Dr. Barbara Nakaoka, Superintendent 15959 East Gale Avenue City of Industry,

More information

Department of Finance. Strategic Plan 2015-2019. California s Fiscal Policy Experts

Department of Finance. Strategic Plan 2015-2019. California s Fiscal Policy Experts Department of Finance Strategic Plan 2015-2019 California s Fiscal Policy Experts California s Fiscal Policy Experts MESSAGE FROM THE DIRECTOR Since fiscal year 2011-12, the state has recovered from budget

More information

SACRAMENTO CITY UNIFIED SCHOOL DISTRICT BOARD OF EDUCATION

SACRAMENTO CITY UNIFIED SCHOOL DISTRICT BOARD OF EDUCATION SACRAMENTO CITY UNIFIED SCHOOL DISTRICT BOARD OF EDUCATION Agenda Item#. Meeting Date: March 15, 2012 Subject: Business and Financial Information Information Item Only Approval on Consent Agenda Conference

More information

Township High School District #113 2014 Levy for Fiscal Year 2015-16

Township High School District #113 2014 Levy for Fiscal Year 2015-16 Township High School District #113 2014 Levy for Fiscal Year 2015-16 District #113 Vision Mission - Goals Vision Township High School District 113 provides a rigorous, equitable, student-centered education,

More information

LOCAL CONTROL & ACCOUNTABILITY PLAN LCAP:

LOCAL CONTROL & ACCOUNTABILITY PLAN LCAP: LOCAL CONTROL & ACCOUNTABILITY PLAN LCAP: 2014-2017 Local Control and Accountability Plan (LCAP) Table of Contents Our Mission, Vision and Values... iii Background... iv LCAP Executive Summary... vi Chart

More information

County Administrator s Office BUDGET UPDATE. Susan Muranishi, County Administrator Kai Mander, Principal Analyst

County Administrator s Office BUDGET UPDATE. Susan Muranishi, County Administrator Kai Mander, Principal Analyst ALAMEDA COUNTY BUDGET UPDATE January 26, 2012 Susan Muranishi, County Administrator Kai Mander, Principal Analyst 1 Overview Economic Update Federal Budget Update State Budget Update Realignment Redevelopment

More information

Zaragoza-Diaz & Associates

Zaragoza-Diaz & Associates MEMORANDUM To: From: Subject: Regional Conference Participants Martha Zaragoza Diaz, Lobbyist Introduced Bills-K-12 th grade, 2016 Legislative Session Date: April 26, 2016 Cc: Elodia Lampkin, Jan Gustafson

More information

The 2016-17 Budget: The Governor s Proposition 2 Debt Proposal

The 2016-17 Budget: The Governor s Proposition 2 Debt Proposal The 2016-17 Budget: The Governor s Proposition 2 Debt Proposal MAC TAYLOR LEGISLATIVE ANALYST FEBRUARY 2016 Summary Proposition 2 requires the state to pay down a minimum annual amount of state debts.

More information

Financial Solvency Review

Financial Solvency Review Financial Solvency Review School Districts & Charter Schools Region One Education Service Center Finance Advisory Council September 21, 2012 The Law House Bill 3 81st Legislature 2009 TEC 39.0822 Financial

More information

FIN31: Avoid the Mud, Sweat & Tears: Tracking Your Unduplicated Expenditures

FIN31: Avoid the Mud, Sweat & Tears: Tracking Your Unduplicated Expenditures MARCH 29 APRIL 2, 2015 SAN DEIGO, CA FIN31: Avoid the Mud, Sweat & Tears: Tracking Your Unduplicated Expenditures These materials have been prepared by the CASBO Financial Services Professional Council

More information

Arizona School Funding Past to the Future. Dr. Chuck Essigs

Arizona School Funding Past to the Future. Dr. Chuck Essigs Arizona School Funding Past to the Future Dr. Chuck Essigs Override Elections FY 1974 FY 1980 No limit on the amount Once passed permanent History o FY 76 33 held 27 passed 89% o FY 77 26 held 25 passed

More information

Understanding Alabama Schools Accounting System. A Guide to State Allocation Calculations 2013-2014 3/4/2014. Funding Components.

Understanding Alabama Schools Accounting System. A Guide to State Allocation Calculations 2013-2014 3/4/2014. Funding Components. Understanding Alabama Schools Accounting System A Guide to State Allocation Calculations 2013-2014 Sonja Peaspanen State Department of Education March 5, 2014 Funding Components Total Units Total Foundation

More information

The GPO predominantly penalizes women educators in California, while the WEP penalizes many individuals who switch careers into public service.

The GPO predominantly penalizes women educators in California, while the WEP penalizes many individuals who switch careers into public service. Chair Pomeroy and Members, Social Security has met the social insurance promise to ensure workers will not have to live in old age poverty. This promise needs to be guaranteed for current and future workers.

More information

Cypress College Special Programs Quality Review Report

Cypress College Special Programs Quality Review Report Cypress College Special Programs Quality Review Report Program: Director: Teacher Preparation, Educational Interpreter Training, and Paraprofessional Certificate Programs Dennis Davino Names of those participating

More information

ATTACHMENT D CHARTER SCHOOLS IN MICHIGAN

ATTACHMENT D CHARTER SCHOOLS IN MICHIGAN ATTACHMENT D CHARTER SCHOOLS IN MICHIGAN Introduction In December of 1993, Michigan became the ninth state to pass charter school legislation. The current charter school statute applicable to this RFP

More information

Analysis of compliance with the 50 Percent Law (ECS 84362)

Analysis of compliance with the 50 Percent Law (ECS 84362) SUPPLEMENTAL DATA Analysis of compliance with the 50 Percent Law (ECS 84362) The Current Expense of Education S11 GENERAL FUND - UNRESTRICTED SUBFUND For Actual Year: 2014-2015 Budget Year: 2015-2016 District

More information

Proposition 38. Tax for Education and Early Childhood Programs. Initiative Statute.

Proposition 38. Tax for Education and Early Childhood Programs. Initiative Statute. Proposition 38 Tax for Education and Early Childhood Programs. Initiative Statute. OVERVIEW This measure raises personal income taxes on most California taxpayers from 2013 through 2024. The revenues raised

More information

The primary focus of state and local government is to provide basic services,

The primary focus of state and local government is to provide basic services, Tax Relief and Local Government The primary focus of state and local government is to provide basic services, such as public safety, education, a safety net of health care and human services, transportation,

More information

Budget Summary

Budget Summary Budget Summary 2014-15 Contents Introduction...3 What is a Budget?...4 Budget Summary All Funds...5 General Operating Fund: Where does the money come from?...6 Student enrollment projections...7 Where

More information

Transitional Kindergarten: Finding the Money

Transitional Kindergarten: Finding the Money Transitional Kindergarten: Presented by: Jannelle Kubinec, Associate Vice President Budgeting for Transitional Kindergarten For funding purposes, transitional kindergarten (TK) is kindergarten Any funding

More information

With respect to the appointed boards as a governance model: The liberal view is:

With respect to the appointed boards as a governance model: The liberal view is: Overview: The U.S. Constitution does not mention education and therefore leaves it to the constitutions of the various states. Wisconsin established the nation s first system of vocational, technical and

More information

College Access and Success Design Strategy Session

College Access and Success Design Strategy Session College Access and Success Design Strategy Session Hosted by Marcia Quiñones, Marin Community Foundation Facilitated by Linda Collins, Career Ladders Project Dr. Laurie Scolari, Career Ladders Project

More information