Agenda Item B-8. Public Hearing Proposed Budget 2016/17 and Education Protection Account

Similar documents
Budget Forum

Agenda Item B-18. Governor s 2019/20 Proposed State Budget

Governor s Budget Proposals for

Summary of Proposed Budget for FY June 11, 2013

Irvine Unified School District

2016 CASBO Annual Conference LCAP Proportionality and Compliance Performance. Presented By: Jannelle Kubinec

Recommended Budget and Local Control & Accountability Plan Committee of the Whole BOARD OF EDUCATION REGULAR MEETING JUNE 20 TH, 2017

Executive Summary Second Interim Budget Assumptions Duane Wolgamott, Chief Business Officer Laura Becker, Director of Fiscal Services

Board of Education Budget Adoption June 28, 2016

PROPOSED BUDGET. Regular Board Meeting June 16, 2015

Communication Stakeholder

Budget Update. originally presented at the 2016 School Planning Retreat on Feb. 20, 2016

Preliminary Budget February Update February 20, Feb 20,

Fruitvale School District

State Budget Message

Budgeting Basics- Pt. 1. Interpreting the Interim Budgets and Multi-Year Projections

CHULA VISTA ELEMENTARY SCHOOL DISTRICT GOVERNING BOARD AGENDA ITEM. (3) Certify District's Financial Status for Fiscal Year

Budget Overview Daniel G. Lowengard, Interim Superintendent of Schools Everton Sewell, Chief Financial Officer March 19,

Based on most current budget data and actual expenditures through October 31, 2017

NOVATO UNIFIED SCHOOL DISTRICT. March 25, Presented by: Karen Maloney, CFO

Kernville Union School District

Millbrae Elementary School District First Interim for Fiscal Year Board of Trustees

BY: Teresa Hyden Cynthia Glover Woods Chief Business Official Chief Academic Officer (951) (951)

Fiscal Aspects of Negotiations

Yancy Hawkins, Assistant Superintendent - Business & Operations Nancy Walker, Director of Fiscal Services

STRATEGIC PLANNING/ BUDGET PROCESS

MODESTO CITY SCHOOLS. TO: Arturo M. Flores, Superintendent Regular Meeting

Orange Unified School District (C) Copyright March 2018 All Rights Reserved

Preliminary General Fund Budget for Board of Education Presentation Janece L. Maez, Chief Financial Officer June 6, 2013

UNDERSTANDING SCHOOL DISTRICT BUDGETS

BY: Teresa Hyden Diana Asseier Chief Business Official Chief Academic Officer (951) (951)

TO: BOARD OF EDUCATION ACTION/MAJOR 06/25/14 FROM: SANDRA LYON / JANECE L. MAEZ / PAT HO RECOMMENDATION NO. A.32

Twin Rivers Unified School District 2018/19 ADOPTED BUDGET

School Year Budget Planning BUDGET FORUM

School District No. 62 (Sooke)

Presentation on New Student Centered Funding Formula Proposal and FY Riverside Community College District Budget Planning

Solana Beach School District

Wheatland-Chili Central Schools Budget Development

Proposed Budget. S u p e r i n t e n d e n t o f S c h o o l s F e b r u a r y 13, 2013

Budget Development Update. January 16, 2018

Wheatland-Chili Central Schools Budget Development. Board of Education Meeting February 13, 2017

Las Virgenes Unified School District Annual Budget 2018/19 Public Hearing June 12, 2018 * Updated for Adoption June 26, 2018

What do the numbers mean? Our core mission is about educating our students and preparing them for their futures. Our core values of equity,

SAN DIEGO UNIFIED SCHOOL DISTRICT

LCAP Technical Assistance Navigating the New Template

Local District South Title I Meeting

Tustin Unified School District BUDGET. June 26, 2017 Adoption 1

$283.1m 100% $300.8m 100% Includes parcel tax revenue District obligations(state trustee, audit findings, $17m 6.0% $20.6.m 6.9%

Action Item. Stephen Dickinson, Assistant Superintendent Administrative Services

School District No. 34 (Abbotsford)

School District No. 23 (Central Okanagan)

Wheatland-Chili Central Schools Budget Development

West Contra Costa Unified School District

School District No. 44 (North Vancouver)

LCAP / Supplemental and Concentration Regulations

2016/17 Budget Development Presentation #1. Board of Trustees Meeting February 9, 2016

MANHATTAN BEACH UNIFIED SCHOOL DISTRICT

Budget Development Update

Board of Trustees Meeting January 22, 2018

School District No. 44 (North Vancouver)

South Orange-Maplewood School District. February 27, 2017

PARK HILL SCHOOL DISTRICT 7703 NW Barry Road Kansas City, Missouri (816) FINANCIAL SECTION

Budget Draft Dated: 3/1/18 William Hogan, Deputy Superintendent of Business and Finance. Revised

Oakland Unified School District s Budget Development Guide for School Site Leaders

BUDGET ADVISORY COMMITTEE RECOMMENDATIONS FOR BUDGET SOLUTIONS

What Matters Most? A Community Forum to Discuss School District Funding Priorities

Budget Study Session 2012/13, 2013/14, and 2014/15. Business Services Division January 22, 2013

Fiscal Year: Budget Overview & SACS Format

San Francisco State University. We Make Great Things Happen

LCFF LCAP. Local Control Accountability Plan

ALBANY UNIFIED SCHOOL DISTRICT BOARD AGENDA BACKUP. Regular Meeting of March 28, 2017 BUDGET PRIORITY TIMELINE AND PROCESS

SAN LEANDRO UNIFIED SCHOOL DISTRICT ANNUAL FINANCIAL REPORT JUNE 30, 2016

Community Budget Forum SFUSD Budget Basics. SFUSD s Overall Goals. May 2, /2/13. Achievement: Engage high achieving, joyful learners

DOS PALOS-ORO LOMA JOINT UNIFIED SCHOOL DISTRICT ANNUAL FINANCIAL REPORT JUNE 30, 2016

SAN DIEGO UNIFIED SCHOOL DISTRICT

Preliminary Five-Year Plan (FY17-21) and Lump Sum Statement (FY16-17)

STOCKTON UNIFIED SCHOOL DISTRICT Stockton, California. FINANCIAL STATEMENTS June 30, 2014

Budget Meeting #2 Budget Overview Presentation 2 for School Year

Wheatland-Chili Central Schools Budget Development. Board of Education Meeting January 9, 2017

BOARD OF EDUCATION Attachment: Discussion 11. PALO ALTO UNIFIED SCHOOL DISTRICT Date:

O RGANIZATION SUMMARY

PROPOSED FY 2018 EDUCATIONAL & GENERAL BUDGETS

BOARD OF EDUCATION. Richard Vladovic, Board President Board District 7

Budget Development Workshop Internal Business Services. February 16, 2018 and February 22, 2018

Morgan Hill Unified School District Adopted Budget Multi-Year Projection. Presented to: Morgan Hill Board of Education June 20, 2017

Evergreen School District

Natomas Unified School District

O RGANIZATION SUMMARY


PERRIS UNION HIGH SCHOOL DISTRICT ANNUAL FINANCIAL REPORT JUNE 30, 2015

School Year Budget Planning BUDGET FORUM #2

Single Plan for Student Achievement Plan Summary. (SPSA) Template THE STORY. Draft. School Name Contact Name and Title.

OFFICE OF EDUCATION 1111 LAS GALLINAS AVENUE/P.O. BOX 4925 MARY JANE BURKE (415) SAN RAFAEL, CA MARIN COUNTY FAX (415)

PAJARO VALLEY UNIFIED SCHOOL DISTRICT ANNUAL FINANCIAL REPORT FOR THE YEAR ENDED JUNE 30, 2017

Budget Adoption

STRONGER BY DEGREES. Making Kentucky

FY18 Budget Development Update

BOARD OF EDUCATION Attachment: Action 22. PALO ALTO UNIFIED SCHOOL DISTRICT Date:

MERCED COUNTY OFFICE OF EDUCATION ANNUAL FINANCIAL REPORT JUNE 30, 2017

Budget Discussion March 5, 2015

Transcription:

Agenda Item B-8 Public Hearing Proposed Budget 2016/17 and Education Protection Account Board of Education May 25, 2016

2 Budget Development Process 3 year plan Requirement to look back and project forward State format requirements Cohesive timeline Board Approval Legal Requirement Budget LCAP Accounting format Includes ALL funding Focus on 2016/17 General Fund Stakeholder engagement Budget narrative format Includes LCFF Funding Focus on ALL Supplemental/Concentration Funds

3 Outline Review State Budget Solution Budget Risks Governor's May Revise Strategic 2016/17 Budget Development Budget Recommendations Next Steps

4 Update May Revise State Governor s May Revise Local Control Funding Formula $154 million over January s proposed budget of $2.9 billion $3.3 million from May Revise COLA From 0.47% to zero A loss of $1.8 million in LCFF funds A loss of $600,000 in Special Education funds One-time $1.4 billion one-time funds for prior year mandates $1.5 million from May Revise

5 Education Protection Account Proposition 30 temporary tax increase Sales tax increase for 2013-2016 Personal income tax for 2012-2018 Tax revenues received are placed into the Education Protection Account Proposition 30 includes several accountability measures: Governing board at a public hearing approves a spending plan Funds cannot be used on administrative costs Website publishing required Annual financial audit Revenue: $88,532,510 Usage: All funds will be used for teacher salary/benefit costs

6 Phase I February 10, 2016 Department One-Time Ongoing School Sites -- $5.1 million Facility Projects (A) $14.0 million -- Total Phase I $14.0 million $5.1million (A) Updated estimate on slide 13

7 Phase II February 24, 2016 Department One-Time Ongoing FTE Curriculum & Instruction Support -- $375,000 3 Gate/AP/IB Support -- $925,000 6 Expand Goal 2 -- $1.45 million 9 Total Phase II -- $2.75 million 18

8 Phase III March 30, 2016 Department One-Time Ongoing FTE Summer School -- $1.2 million -- After School -- Cost Neutral 6 Board of Education $18,000 -- -- Communications -- $85,000 -- Administrative Services -- $250,000 -- Operational Services $935,000 $2.9 million 2 Human Resources -- -- 1 Information Technology $725,000 $900,000 -- Total Phase III $1.7 million $5.3 million 9

9 Phase IV April 13, 2016 Department One-Time Ongoing FTE Prevention and Intervention -- $1.7 million 17 Research, Evaluation and Assessment -- $200,000 -- Equity and Access -- $23,000 -- Total Phase IV -- $1.9 million 17 Department One-Time Ongoing FTE Early Learning State funds and grants -- $800,000 16

10 Phase V April 27, 2016 Department One-Time Ongoing FTE Adult Education -- -- -- Chief Academic Office -- -- -- School Leadership -- -- -- Health Services -- $144,000 2 Special Education -- -- -- Total Phase V -- $144,000 2 Department POTENTIAL FUNDING SHIFTS Ongoing Medi-Cal Billing Services $700,000 Adult Transition Program, Deaf/Hard of Hearing $1,800,000

11 Phase VI May 11, 2016 Department Current Allocation One-Time Ongoing FTE Career Technical Education $400,000 $195,000 $50,000 6 English Learner Services -- -- $2.5 million 13 Total Phase VI $400,000 $195,000 $2.55 million 19 Career Technical Education Grants recently awarded California Career Pathways Trust Grant - Health (Fresno Unified s total allocation $5.4 million) Career Technical Education Incentive Grant Pathways other than Health $6 million through June 2019 $4.4 million through June 2017

12 Additional Support - May Revise Ongoing Resources Increase the number of hours elementary libraries are available to students - $300,000 Goal 2 playoff events and regional/national competitions - $100,000 Renovate high school bathrooms and external security cameras - $2.6 million

13 Additional Support - May Revise One-Time Resources Pools at McLane and Roosevelt Previous recommended allocation - $9.5 million Revised recommended allocation - $11.7 million Savings from painting and lighting projects - $700,000 May Revise additional one-time resources - $1.5 million Total increase = $2.2 million

14 Multi-Year Summary: 2015/16 through 2018/19 Unrestricted General Fund Projected 2015/16 Projected 2016/17 Projected 2017/18 Projected 2018/19 Net Unrestricted General Fund Balance: $43.19 $47.46 $48.61 $45.08 Reserve level 5.08% 5.24% 5.56% 5.03% State Minimum Reserve for Economic Uncertainty is 2% Board Policy 3100 - Reserve of 5% to 10% in stable times

15 Conclusion Resources prioritized to prepare college and career-ready graduates, supporting our most important work: classroom teaching and learning Continuing our balanced, phased-in approach to maintain financial stability Conduct Public Hearing