Transcript Slide 1

Alameda Unified School District
FY 08/09 2nd Interim
March 10, 2009
1
AUSD – 08/09 2nd Interim
Changes
From 1st Interim
To 2nd Interim Projected Year Totals
Unrestricted
Restricted
Combined
Revenues – 08/09
08/09 1st Interim
-0.71% COLA
-2.63% Additional reduction
-15.4% State Categorical Cut
New/Revised
08/09 2nd Interim Revenues
$67,358,558
($387,047)
($1,462,100)
($52,743)
($43,279)
$65,413,389
$22,686,269
$0
$0
($652,344)
$817,221
$22,851,146
$90,044,827
($387,047)
($1,462,100)
($705,087)
$773,942
$88,264,535
Expenditures – 08/09
08/09 Original Budget
-15.4% State Categorical Cut
Categorical Flex for Facility RRM
Prior Year Special Ed Contribution
New/Revised
08/09 2nd Interim Expenditures
$54,149,483
$0
$0
$0
$66,504
$54,215,987
$38,424,256
($652,344)
($345,000)
($345,000)
$712,794
$37,794,706
$92,573,739
($652,344)
($345,000)
($345,000)
$779,298
$92,010,693
2
AUSD – 08/09 2nd Interim
Changes
From 1st Interim
To 2nd Interim Projected Year Totals
Unrestricted
Restricted
Combined
Other Sources/(Uses) – 08/09
08/09 1st Interim
Categorical Flex. From Adult Ed
Categorical Flex. From Facility RRM
Contribution to Sp Ed (prior year)
New/Revised
08/09 2nd Interim Other Sources/(Uses)
($10,211,619)
$800,000
$345,000
$345,000
$50,859
($8,670,760)
$9,436,367
$0
($345,000)
($345,000)
($104,427)
8,641,940
($775,252)
$800,000
$0
$0
($53,568)
($28,820)
Net Increase/(Decrease) in Fund Balance
Beginning Balance – 7/1/08
Ending Balance – 6/30/09
$2,526,642
$2,788,144
$5,314,786
($6,301,620)
$6,301,620
$0
($3,774,978)
$9,089,764
$5,314,786
3
AUSD – 08/09 2nd Interim
Components of Fund Balance
Unrestricted
Ending Fund Balance – 6/30/09 (see detail below)
Restricted
Combined
$5,314,786
$0
$5,314,786
$50,000
$0
$50,000
$1,080,000
$0
$1,080,000
$0
$0
$0
$31,569
$0
$31,569
Measure H
$2,758,000
$0
$2,758,000
Multi-year Projections
$1,395,217
$0
$1,395,217
Ending Fund Balance 6/30/09
$5,314,786
$0
$5,314,786
Detail for Ending Fund Balance 6/30/09
Revolving Cash
Mandated Costs 1-time
08/09 COLA of .71%
Technology Equipment Replacement
4
AUSD – 08/09 2nd Interim
Multi-Year Projections
Major Assumptions
Categories
07/08
08/09
09/10
10/11
Enrollment and ADA
District Enrollment (CBEDS)
District ADA-Actual/Projected
District ADA-Funded
9,954
9,611
9,611
9,892
9,491
9,599
9,549
9,189
9,241
9,473
9,120
9,177
Revenues
Revenue Limit COLA Statutory
Revenue Limit Deficit
Revenue Limit Net Change
State Categoricals Tiers 2 & 3
4.53%
0.00%
4.53%
0.00%
5.66%
7.844%
-2.63%
-15.40%
5.02%
13.094%
-0.969%
-4.50%
0.70%
13.094%
0.70%
0.50%
Base Revenue Limit w/Statutory COLA
Base Revenue Limit w/Deficit COLA
Equalization Aide Per ADA
Mandate Reimbursement
$5,777
$5,777
$0
$0
$6,106
$5,627
$0
$0
$6,415
$5,575
$0
$0
$6,458
$5,612
$0
$0
Parcel Tax
$3.3M
$7.3M
$7.3M
$7.3M
5
AUSD – 08/09 2nd Interim
Multi-Year Projections
Major Assumptions
Categories
Expenditures
Step and Column Salary Increases
05/06 Negotiated Salary Increase
07/08 Negotiated Salary Increase (2.0%)
08/09 Negotiated Salary Increase (4.0%)
09/10 Negotiated Salary Increase (TBD)
Special Education Contribution
Indirect Cost Rate
07/08
$0.83M
$2.5M
$0.8M
$0.0M
$0.0M
$6.0M
2.84%
08/09
$0.78M
$2.5M
$1.1M
$1.9M
$0.0M
$7.2M
3.22%
09/10
10/11
$0.72M
2.5M
$1.1M
$2.2M
TBD
$7.7M
3.22%
$0.72M
2.5M
$1.1M
$2.2M
TBD
$8.2M
3.22%
6
School Funding Challenges
• AUSD faces several school funding challenges over the
next few years
• Declining Student Enrollment – AUSD receives less
funding when fewer students enroll in its schools.
• Reduced State Funding – In addition, the state is
reducing the overall funding that is provided to schools.
• Local Parcel Tax - The local community provides $7.3M
annually to AUSD, but this terminates in 2011/12.
• Increased Operational Costs – for employee salaries,
special education and utilities.
7
Strategy to Address Reduced School Funding
by using Categorical Flexibility & Reserves
Item
08/09
09/10
10/11
11/12
$1.2M
$1.8M
-
$3.2M
-
-
-
-
Prior Year Sp Ed
$0.3M
-
-
-
On-Going Reserve
0.71% COLA
$0.4M
-
-
-
Mandated Costs
-
$1.1M
-
-
Multi-year Projections
-
$1.4M
-
-
Measure H
-
$1.0M
$6.4M
$3.6M
$1.9M
$5.3M
$6.4M
$6.8M
Categorical Flexibility
Budget Cuts
TOTALS
8
Categorical Flexibility
08/09
• $800K from Adult Education
• $345K from Facilities Routine Restricted
Maint.
• $1.2M total for 08/09 Categorical Flexibility
9
Categorical Flexibility
09/10
•
•
•
•
•
•
•
•
•
•
•
$634K Prof. Dev. Buyback Days
$448K Targeted Improvement
$218K 1-time District Block Grant
$175K Art & Music Grant
$81K Instruct. Materials
$80K English Learner Funds
$62K Gifted & Talented
$50K Teacher Peer Review (PAR)
$19K Pupil Retention
$11K Beginning Teacher Grant (BTSA)
$1.8M total for 09/10 Categorical Flexibility
10
AUSD – 08/09 2nd Interim
Multi-Year Projections
07/08
08/09
09/10
10/11
REVENUES
Revenue Limit
$56,248,989
$54,884,267
$52,369,675
$52,354,330
$4,592,062
$6,323,390
$6,323,390
$6,323,390
Other State
$14,075,010
$12,931,111
$11,914,787
$11,914,808
Other Local
$10,891,023
$14,125,767
$12,843,116
$12,843,116
Revenues
$85,807,084
$88,264,535
$83,450,968
$83,435,644
$64,868,839
$68,753,433
$69,410,212
$70,223,712
$3,711,838
$7,495,701
$1,577,262
$3,368,690
$10,742,518
$13,529,996
$10,450,835
$10,755,541
$1,661,567
$2,231,563
$1,901,056
$1,901,056
Expenditures
$80,984,762
$92,010,693
$83,339,365
$86,248,999
Other Sources (Uses)
($3,124,417)
($28,820)
($828,820)
($828,820)
Net Inc/Dec in Fund Balance
$1,697,905
($3,774,978)
($717,217)
($3,642,175)
Beginning Balance
$7,391,859
$9,089,764
$5,314,786
$4,597,569
Ending Balance
$9,089,764
$5,314,786
$4,597,569
$955,394
Federal
EXPENDITURES
Salaries & Benefits
Books/Supplies & Outlay
Services & Operating Expenses
Other Outgo & Transfers
11
AUSD – 08/09 2nd Interim
Components of Fund Balance
07/08
08/09
09/10
10/11
Ending Fund Balance (see detail below)
$9,089,764
$5,314,786
$4,597,569
$955,394
Detail for Ending Fund Balance
Revolving Cash
Mandated Cost 1-time
Restricted
Undesignated
Technology Equipment Replacement
Measure H
Multi-year Projections
$50,000
$1,080,000
$6,300,816
$1,658,948
$0
$0
$0
$50,000
$1,080,000
$0
$0
$31,569
$2,758,000
$1,395,217
$50,000
$0
$0
$0
$31,569
$4,516,000
$0
$50,000
$0
$0
$0
$31,569
$873,825
$0
Ending Fund Balance – 6/30/09
$9,089,764
$5,314,786
$4,597,569
$955,394
12
Future Planning: 2012/13
• 2012/13: AUSD could be facing a $4M on-going
operating loss in 2012/13.
• Parcel Tax: In addition, the School Parcel Tax for both
Measures A and H will terminate at the end of 2011/12.
That would be an additional loss of school funding of
$7.3M.
• Start Now: How will AUSD start now to address this
estimated $11.3M loss in funds for the 2012/13 school
year? The Superintendent is presenting a Master Plan
process at the school board meeting on March 24, 2009.
• Permanent Parcel Tax: Will the community support the
schools in 2012/13 with a replacement permanent parcel
tax to cover these lost funds?
13
AUSD – 08/09 2nd Interim
Outstanding Issues
Possibly Impacting the Budget
Statewide Special Election May 19, 2009
• Requires voter approval of the following
• Prop 1A: Rainy Day Funds (that could be used for Education)
• Prop 1B: Education Funding Repayment Plan (to start 2011/12)
• Prop 1C: State Lottery Modernization (borrowing from the state
lottery to balance the state budget)
Governor’s May 2009 Revise
• Could change projections for 2009/10 and beyond
Nea CLC Charter School
• Scheduled to open in Alameda in Sept. 2009
• Need to adjust lost funding when actual Nea enrollment is known
Parcel Tax
• Measures A & H provide $7.3M annually to AUSD
• Both terminate in 2011/12
• Will the community pass a replacement permanent parcel tax for
2012/13?
14