Albany Unified School District
Transcript Albany Unified School District
Albany Unified School
2011-12 Budget Adoption
California State Budget
June 15, 2011—the Legislature approves the
2011-12 State Budget.
June 15, 2011—Governor Brown vetoes the
2011-12 State Budget.
Governor Brown’s Response:
“the budget contains legally questionable maneuvers, costly
borrowing, and unrealistic savings. Finally, it is not
financeable and therefore will not allow us to meet our
obligations as they occur.”
No further information on the status of the budget….
Current State Budget Assumptions
COLA for 2011-12
Revenue Limit Deficit
Continued flexibility for categorical usage through 2014-15.
Restricted dollars shifted to unrestricted to bridge the
Penalties are relaxed for classes exceeding 20:1 through
2013-14. Budgeted at 25:1 for K-3 grades.
ALL ASSUMPTIONS BASED ON CURRENT
INFORMATION AND ARE LIKELY TO CHANGE!
Budget Gap – Revenue Limit
Revenue Limit dollars before deficit
Revenue Limit dollars after deficit
LOSS OF REVENUE LIMIT DOLLARS
(4.7 MILLION OR $1,287 PER
CLOSING THE GAP
UTILIZING PARCEL TAXES TO RETAIN
STAFF AND PROGRAMS
93% of California school districts are utilizing this option
UTILIZING DISTRICT RESERVES TO
MAINTAIN STAFF AND PROGRAMS
The Multi-Year Picture
Net Increase (Decrease) in Fund
Beginning Fund Balance
Adjusted Beginning Fund Balance
Ending Fund Balance
Components of Ending Fund Balance
Strategic Plan Carryover
Reserve for Economic
Reserve as a % of total
The Good News
The district is optimistically hopeful the state
budget will spare further reductions to public
AUSD has not reduced the school year for
students. The state reported that 60% of districts
reduced the school year in 2010-11.
AUSD staff has not had to address furlough days
or salary/benefit reductions.
District reserves allow planning time if further
cuts are included in the adopted state budget.
The Bad News
Tax extensions continue to be a stumbling
block in Sacramento and another late budget
A late budget adoption could equal mid-year
Current Parcel Tax dollars will need to
continue to support core programs and
Measure I expires June 2015.
Federal Stimulus dollars are one-time funds
and end in 2011-12.
The Child Development Fund, with concessions
from employees and program restructuring is
projected to be self-supporting.
They are also projected to repay the $500,000
district loan for 2010-11.
The Adult Education Fund continues to be a
concern and fees/programs may need to be
addressed as the year progresses.
The Cafeteria Fund is self-supporting.
Fund 17 – Strategic Plan funds will continue to
support plan implementation.
State adopts budget
Adopted budget will be analyzed to determine
variances from current assumptions
The impact of the State budget and proposed
budget adjustments will be presented to the