Transcript Slide 1

Santa Cruz County
Office of Education
MICHAEL C. WATKINS, SUPERINTENDENT
SANTA CRUZ COUNTY OFFICE OF
EDUCATION
2013-2014
PROPOSED BUDGET
OVERVIEW
PRESENTED BY:
MARY HART, ASSOCIATE
SUPERINTENDENT/BUSINESS SVCS.
JUNE 20, 2013
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PROPOSED BUDGET FOR 2013-2014
 Year-end expenditures have been estimated
based on current knowledge.
 The proposed 2013/14 Budget is based on
current law. While we anticipate the Local
Control Funding Formula being new law in
2013/14 at this point in time it is extremely
vague and has therefore not been used for our
estimates. COLA projections and Deficits are
based on the School Service Dart Board for the
May Revision.
 Adjustments will be made after the State
Budget is adopted.
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GENERAL ASSUMPTIONS
USED IN THIS BUDGET
• Based on the 2013/14 May Revise State Budget
current law formulas
• School Services of California has advised
budgeting a COLA of 1.565% for revenue limit
funding. The projected deficit decreases to
19.233%.
• All state categorical funding has been projected
at 2012/13 levels with a 1.565% COLA applied.
This includes all Tier III Categorical programs.
• 2014/15 and 2015/16 projections are based on
the latest School Services of California
Dartboard.
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DIRECTION PROVIDED TO
DEPARTMENTS:
Craft Budget Plans that do not rely on carryover
funds.
Budget for no salary increases (other than Step
and Column).
Budget for a 10% increase in Health and
Welfare Costs.
For areas affected by State Budget reductions,
reduce expenditures to conform to new lowered
revenues.
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RESULT:
- General Fund Revenues remain relatively flat,
increasing from $42.7 million to $43.3 million.
- General Fund Expenditures have been adjusted
for the reduction of one time spending,
decreasing from $47.3 million to $44.7 million.
This is due in large to one time expenditures in
the prior year.
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ADA IMPACTS
- Court/Community Schools
ADA is projected at 2011/12 levels through
the 2015/16 fiscal year.
- Special Education
ADA is projected at 2012/13 levels through
the 2015/16 fiscal year.
- County-Wide
ADA is projected at 2012/13 levels through
the 2015/16 fiscal year.
- ROP
ROP ADA is no longer collected by the state
for funding purposes.
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2012/13
ESTIMATED ACTUALS
Unrestricted
Restricted
Beginning
Balance
$13,628,773
$5,260,515
$18,889,288
Revenues &
Transfers In
$18,006,910
$24,729,725
$42,736,635
Expenditures &
Transfers Out
$22,774,959
$24,535,008
$47,309,967
($4,768,049)
$194,717
($4,573,332)
$8,860,724
$5,455,232
$14,315,956
$0
$0
$0
Increase
(Decrease)
Assigned Ending
Balance
Unassigned
Ending Balance
Total
MYP ASSUMPTIONS - REVENUES
Budgeted COLA on state revenues at 1.8% for
2014/15 and 2.2% for 2015/16. Deficit remains
at 19.233%. The ADA Revenue Limit is
projected to remain flat through 2015/16.
Federal funding is projected at 2013/14 levels
through 2015/16. These projections include the
Federal Sequestration at 5.2%.
Local revenues are projected at 2013/14 levels
through 2015/16.
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MYP ASSUMPTIONS - EXPENDITURES
 Salary and benefit costs are expected to
increase each year due to step and column.
Health & welfare costs are projected to
increase 10% in both 2014/15 and 2015/16.
Completed one time expenditure for 2012-13
have been removed for 2013-14 through
2015/16.
Supply, material and equipment budgets have
been adjusted to reflect changes projected for
increases and decreases in Federal and State
Funding.
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GENERAL FUND
THREE YEAR SUMMARY
2013/14
2014/15
2015/16
Beginning
Balance
$14,315,956
$12,876,313
$11,399,946
Revenues &
Transfers In
$43,325,256
$43,711,245
$44,419,193
Expenditures &
Transfers Out
$44,764,899
$45,187,613
$45,786,729
Increase (Decrease)
Nonspendable
Fund Balance
($1,439,643) ($1,476,368) ($1,367,536)
$719,481
$719,481
$719,481
Restricted
Fund Balance
$5,379,015
$5,199,244
$4,971,553
Assigned
Fund Balance
$6,777,817
$5,481,221
$4,341,375
Support for Districts & Students:
The Santa Cruz County Office has utilized a
combination of on-going and one-time resources
to fund a number of activities aimed at
supporting both districts and students. These
include:
Digital Schools Implementation
Technology
Math and Arts Coordinator
SELPA administration and staff
Tutorial and homework support in libraries
Address attendance and truancy (SARB)
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Support for Districts & Students - continued
College feasibility study for S4C
Gang suppression and prevention through
BASTA
Addressing the achievement gap through
unique ELL strategies and support
Mentorship and career panels for all secondary
schools through Your Future is Our Business
Outdoor Education Program
Expanded career opportunities in local high
school’s (ROP)
Increased support to districts participating in
the New Teacher Project
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Support for Districts & Students - continued
Professional Development for District Business
Personnel
AB430 Principal Training
Summer School Credit Recovery for nearly
1000 students
Tutorial and homework support in the
homeless shelters
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RECOMMENDATION
 Our recommendation to the Board is to
adopt the 2013/14 proposed Budget.
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