LUTHER BURBANK SCHOOL DISTRICT

Transcription

1 LUTHER BURBANK SCHOOL DISTRICT First Interim Report Dr. Michelle Richardson, Superintendent Rodolfo Alvalos-Sanchez, CBO December 9, 2014

2 Contents of Report LCAP Update Fiscal Update

3 Local Control Accountability Plan (LCAP)

4 Local Control Accountability Plan (LCAP) Based on 8 Areas of State Priority Student Achievement Student Engagement School Climate Parent Involvement Williams Compliance (credentials/facilities/materials) Student Outcomes Implementation of Common Core State Standards Course Access

5 LCAP Components Update iready program Being utilized by all classrooms Additional counselor time Hired Mr. Angulo and receive additional services from Mr. Tino Translation materials Purchased translation device Focus on student attendance Mr. Angulo visits homes and meets with parents and students on attendance Increase parent involvement Additional parent meetings on bullying, nutrition, and grade transitions Reading A to Z After-school program Added band and book club to program Marquee purchased new marquee Professional development for staff iready training, but still need more Review technology needs of school replaced outdated computer lab, still need additional wireless access points and devices for classrooms

6 First Interim Report

7 Education Finance Basics Beginning Balance + Revenues - Expenses = Ending Balance (which becomes the new Beginning Balance)

8 First Interim Goals Maintain fiscal solvency for proposed year and two subsequent years Certify Positive District Reserves at 4% for Economic Uncertainties and additional reserves as determined by policy and LCFF gap funding Implemented LCFF revenue figures in budget and out years based on 94.02% unduplicated student count of FRLP, EL, and Foster and revised out years Revised revenues based on new LCFF figures from DOF

9 Items Which Impact District Fiscal Solvency STRS and PERS Increases Negotiations Economy Facility Needs Special Education

10 STRS Contribution Increase Impact State Teacher Retirement System (STRS) has a $73.7B hole which, if not treated, will have the entire system bankrupt in 30 years. May Revise created a plan to solve the problem which took effect July 1, Employee 8.00% 8.15% 9.20% 10.25% 10.25% 10.25% 10.25% 10.25% State 3.04% 3.45% 4.89% 6.33% 6.33% 6.33% 6.33% 6.33% District 8.25% 8.88% 10.73% 12.58% 14.43% 16.28% 18.13% 19.10% For Luther Burbank this increase equated to approximately a $16K increase in 14-15, an additional $67K in 15-16, and an additional $123K in or an additional $206K over 3 years

11 PERS Contribution Increase Impact Like STRS, PERS (Public Employee Retirement System) has also increased the employer contribution for and beyond Employee 7.00% 7.00% 7.00% 7.00% 7.00% 7.00% 7.00% 7.00% District % % 12.60% 15.00% 16.60% 18.20% 19.9% 20.4% For Luther Burbank this increase equated to approximately a $1.8K increase in 14-15, an additional $10K in 15-16, and an additional $23.9K in or an additional $36K over 3 years

12 Negotiations Luther Burbank has three unions: Luther Burbank Education Association (LBEA/CTA), AFSCME Local 101 AFL-CIO (Classified), and Luther Burbank Permit Teachers Association (CDC teachers) District has settled with AFSCME District is still in negotiations with LBEA and Permit Teachers

13 Economy Governor Brown was elected for 4 more years and passed both Prop 1 and Prop 2 saving water and saving money for schools (rainy day fund) State revenues are up, but still cautious Unemployment is down, but not on trend to end recession quickly Supplemental taxes from Prop 30 expire in 4 years

14 Facility Needs Roof leaks Window blind repairs and installations Sewer back-ups Broken toilets Insect issues

15 Special Education District has 7 students attending the County Special Education program Total of 60 students in special education Need variety of services: speech, counseling, additional instruction, additional support Services are based on recommendations from Individualized Educational Plan (IEP) team Increase in transportation costs for County students Increased speech and RSP personnel

16 Breakdown of the Luther Burbank Budget

17 Changes from Revised to First Interim Revenue Increase in GAP to 29.56% ($6,212) Decrease in Special Education funding from federal ($-2,594) Increase in Mandated Cost Block Grant ($6,756) Increase in Special Education local transfer ($12,745) Expenditures Decrease in Certificated Salaries (-$106,663) moved some staff to classified Increase in Classified personnel and settled negotiations ($299,118) Adjusted statutory benefits ($93,294) Increased books and supplies for technology and common core ($143,189) Increase services for additional repairs ($8,520) Transfers Out Transfer OPEB to Fund 20 ($442,675)

18 Combined Revenues Total Revenues: $4.8 million (94% from State of California) Other State, $331,443.00, 7% Other Local, $83,152.00, 2% Other Federal, $218,717.00, 4% LCFF/Revenue Limit Sources, $4,213,966.00, 87%

19 Combined Revenues Revenue Sources Amount LCFF/Revenue Limit Sources $ 4,213, Other Federal $ 218, Other State $ 331, Other Local $ 83, Total $ 4,847,278.00

20 Combined Expenditures Total Expenditures: $5.3 M 80% of Budget is on Personnel Materials & Supplies, $397,580, 8% Services, $660,975, 12% Capital Outlay, $-, 0% Indirects, $-, 0% Benefits, $955,594, 18% Certificated, $2,472,598, 46% Classified, $862,111, 16% Total Compensation $4,290,303 80%

21 Combined Expenditures Expenditure Sources Amount Certificated Salaries $ 2,472,598 Classified Salaries $ 862,111 Benefits (Statutory & H/W) $ 955,594 Materials & Supplies $ 397,580 Services $ 660,975 Capital Outlay $ 0 Other Outgo $ 0 Indirect Costs $ -30,834 TOTAL EXPENDITURES $ 5,318,024 Transfer of OPEB to Fund 20 $ 442,675 TOTAL COMBINED EXPENDITURES $ 5,760,699

22 Components of Ending Fund Balance ($1.86M) Unassigned Unappropriated, $183, Revolving Cash, $0.00 Stores, $49, Deferred Maintenance, $159, Increase STRS/PERS, $169, OPEB, $0.00 Reserve for Special Projects, $116, Reserve for Technology, $100, Economic Uncertainties, $230, Restricted Balance, $0.00 Increased Reserve for Economic Uncertanties, $319, Reserve for Ongoing & Major Maintenance, $53, Local Restricted Programs, $152, Instructional Materials - Lottery, $303, Compensated Absences, $22,125.00

23 Components of Ending Fund Balance Category Amount Revolving Cash $ - Stores $ 49,500 Deferred Maintenance $ 159,542 Increase STRS/PERS $ 169,786 Restricted Balance $ - Increased Reserve for Economic Uncertanties $ 319,081 Compensated Absences $ 22,125 Instructional Materials - Lottery $ 303,743 Local Restricted Programs $ 152,503 Reserve for Ongoing & Major Maintenance $ 53,181 Reserve for Technology $ 100,000 Reserve for Special Projects $ 116,458 OPEB $ - Economic Uncertainties $ 230,428 Unassigned Unappropriated $ 183,718 TOTAL $ 1,860,065

24 Other Funds for Child Development Fund (12) Revenues and expenditures match for EFB $10, restricted balances Cafeteria Fund (13) Expenditures increased for AFSCME settlement and new personnel. EFB $50, OPEB Fund (20) Reserve for OPEB. EFB $442,675 Building Fund (21) no change EFB $79, however currently spending remainder of bond funds on repaving, marquee and other projects, new EFB will be reflected at 2 nd Interim Capital Facilities Fund (Developer Fees) (25) EFB $6, County School Facility Fund (35) EFB $7, Special Reserve Fund for Capital Outlay Projects (40) EFB $ General Obligation Bond Fund (51) EFB $358, Tax Override Fund (53) EFB $0.00 Funds transferred ($773.29) to General Fund and Fund 53 closed

25 Revised Multi-Year Projections for and Revenue COLA 2.19% increase LCFF 20.68% new projected gap total Expenditures Step/Column 6% Cert, 3.5% Class Benefits increase by CPI Ending Fund Balance Structural deficit Still able to meet 4% reserve Revenue COLA 2.14% increase LCFF 25.48% new projected gap total Expenditures Step/Column 6% Cert, 3.5% Class Benefits increase by CPI Ending Fund Balance No structural deficit Still able to meet 4% reserve

26 Multiple Year Projections - Combined General Fund Balances and Reserves (Revised) Maintaining ADA Projections Combined General Fund (DOF) 2014/ / /17 Revenues: $ 4,847,278 $ 5,158,127 $ 5,481,717 Expenditures/Out Sources/Uses $ 5,760,699 $ 5,203,370 $ 5,435,193 Revenues minus Expenditures: $ (913,421) $ (45,243) $ 46,524 Beginning Fund Balance: $ 2,773,486 $ 1,860,065 $ 1,814,822 Ending Fund Balance (Projected): $ 1,860,065 $ 1,814,822 $ 1,861,347 4% Reserve for Economic Uncertainties: $ 230,428 $ 208,135 $ 217,408 Other Reserve Designations (Compensated Absences, Deferred Maintenance, OPEB, Textbook Adoption, Local Restricted Programs etc.): $ 1,445,919 $ 1,524,095 $ 1,608,584 Unassigned/Undesignated: $ 183,718 $ 82,592 $ 35,355

27 Next Steps Governor s January Budget proposal will come out on January 10. Second Interim snapshot will be taken on January 31, 2015, and the report will be brought to Board by March 15, showing what has been spent during the first and second quarters with projections for remainder of Start meeting with stakeholders to revise LCAP for

28 Questions?