Transcript Overview of Fiscal Year 2012-2013 Designates Meeting Wednesday, May 9, 2012  Doing More with More: More Creativity, More Collaboration  Primary goal is to.

1
Overview of Fiscal Year 2012-2013
Designates Meeting
Wednesday, May 9, 2012

2
Doing More with More:
More Creativity, More Collaboration
 Primary goal is to retain core services to our local
school districts
 District demand for ISD services continues to
increase
 Funding continues to decline
3
Budget Development - Funding
 Local School District Funding
 Based on student count & foundation allowance (70%)
 Intermediate School District Funding
 Based primarily on property tax revenue (90%)
4
Property Tax Forecast
Property Tax decline from base year – FY 2008
Fiscal Year 2008-09
Fiscal Year 2009-10
Fiscal Year 2010-11
Fiscal Year 2011-12
Fiscal Year 2012-13
Fiscal Year 2013-14
Fiscal Year 2014-15
Fiscal Year 2015-16
Fiscal Year 2016-17
-.0075% -3.8% -11.9% -7.5% -3.0% 0% 0% 2% 1% -
$ $ (8.2)M
$ (32.9)M
$ (46.7)M
$ (51.8)M
$
$
$
$
-
Annual property tax collection has declined from FY 2008 to FY 2014 by 23.9%
Accumulative loss from FY 2008 to FY 2014 is $191.6 million
FY 2008 base year tax levy was $216.9 million
FY 2014 expected tax levy is $165.08 million
5
Oakland Schools Property Tax Revenue
6
Cost Containment

Staff cumulative loss of 8% to salaries (freezes, furloughs,
increased premium sharing over last 4 years)

Reduced staff by 30% since 2002-03

Continued planned spend down of fund equity to 5%

Lower pay rates for contractors

Less frequent equipment replacement

Lease consolidation

Lower energy consumption
7
Oakland Schools Financial Impact
of Benefit Plan Changes
8
94% of Oakland Schools Budget is Spent
on Services to Local Districts
9
Services to LEAs

Services are prioritized by local superintendents and their staff
through a survey done every 3-4 years.

Usage data from District Service Report

Feedback on services is collected annually from each referent
group (HR, finance, instruction, technology, etc.)

Input to Oakland Schools – Continuous Improvement Plan

Instructional Initiatives driven by LAC-O priorities

State & Federal mandates
10
Oakland Schools Programs & Services
 Increase Student Achievement
 Serve diverse needs of schools
 Decrease costs/increase efficiencies
11
12
2005-06 – 2011-12 MEAP Reading & Math Grades 3-8 Combined
13
for African American Students
MEAP 2005-06 - 2011-12 NEW CUTS SCORES for NCLB Groups
All Students (77881)
African American (13024)
Gap
100
90
80
70
72
64
68
67
68
71
60
50
% Proficient
50
42
45
41
48
74
51
43
54
54
25
25
-29
-29
07-08
08-09
52
53
22
22
-30
-30
-31
09-10
10-11
11-12
48
39
41
40
30
20
16
16
-23
-25
19
10
0
-10
-20
-22
-23
-26
-25
-23
-23
-22
-30
-40
05-06
06-07
07-08
08-09
09-10
Reading 3-8
10-11
11-12
05-06
06-07
Math 3-8
2005-06 – 2011-12 MEAP Reading & Math Grades 3-8 Combined
14
for Hispanic Students
MEAP 2005-06 - 2011-12 NEW CUTS SCORES for NCLB Groups
All Students (77881)
Hispanic (3175)
Gap
100
90
80
70
72
64
68
67
68
71
74
59
60
48
% Proficient
50
51
47
44
54
54
54
31
32
52
53
33
34
-19
-18
10-11
11-12
48
47
39
41
40
27
30
19
21
20
10
0
-10
-16
-21
-20
-20
-21
-21
05-06
06-07
07-08
08-09
09-10
-14
-20
-19
-21
-23
-23
05-06
06-07
07-08
08-09
09-10
-20
-30
Reading 3-8
10-11
11-12
Math 3-8
2005-06 – 2011-12 MEAP Reading & Math Grades 3-8 Combined
15
for Students Eligible for Free or Reduced Price Lunch
MEAP 2005-06 - 2011-12 NEW CUTS SCORES for NCLB Groups
Not ED (54627)
ED (23254)
Gap
100
90
80
80
74
74
76
79
82
70
70
63
60
53
50
% Proficient
39
43
42
63
63
26
27
56
55
50
44
43
64
47
40
26
30
29
21
20
15
16
-29
-31
10
0
-10
-20
-31
-31
-32
-30
-28
-32
-29
-27
-35
-37
-36
-37
-36
07-08
08-09
09-10
10-11
11-12
-40
-50
05-06
06-07
07-08
08-09
09-10
Reading 3-8
10-11
11-12
05-06
06-07
Math 3-8
2005-06 – 2011-12 MEAP Reading & Math Grades 3-8 Combined
16
for English Language Learners
MEAP 2005-06 - 2011-12 NEW CUTS SCORES for NCLB Groups
Not ELL (73567)
ELL (4314)
Gap
100
90
74
80
70
66
69
69
70
72
75
55
60
49
% Proficient
50
42
43
33
34
53
54
49
40
40
56
40
41
34
29
28
39
31
34
34
29
30
20
10
0
-11
-10
-20
-13
-18
-24
-17
-36
-35
07-08
08-09
-19
-24
-25
-29
-30
-21
-32
-38
-40
-50
05-06
06-07
09-10
Reading 3-8
10-11
11-12
05-06
06-07
07-08
08-09
Math 3-8
09-10
10-11
11-12
2005-06 – 2011-12 MEAP Reading & Math Grades 3-8 Combined
17
for Students with I.E.P.s
MEAP 2005-06 - 2011-12 NEW CUTS SCORES for NCLB Groups
w/o IEP (70696)
with IEP (7185)
Gap
100
90
80
68
72
71
72
76
75
77
70
57
60
50
38
40
% Proficient
58
51
28
31
32
31
38
42
56
56
20
22
-36
-34
10-11
11-12
44
31
30
20
16
16
-26
-27
20
22
25
10
0
-10
-20
-30
-40
-41
-40
05-06
06-07
07-08
-41
-38
-31
-40
-35
-32
-44
-40
-50
-60
08-09
09-10
Reading 3-8
10-11
11-12
05-06
06-07
07-08
08-09
Math 3-8
09-10
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Professional Development and
Instructional Services

More than 61,990 participants attended 2,368 ISD and regional
events

Pearson Inform is used by 25 districts at a cost of $2.00/student
with a 50% subsidy from Oakland Schools. The FY2012 Oakland
Schools’ subsidy is $155,723

754 Special Education students received 2,867 services: direct,
consultations, short term problem solving and evaluations

More than 8,000 hours of Instructional Services assistance
provided to LEAs
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Professional Development and
Instructional Services
 $2,527,784 worth of materials provided to students with
special needs
 1,511 students served by Homeless program
 856 students served by Wraparound program
 1,940 Back to School pupils served (increase of 698)
 1,219 Truant pupils served (increase of 195)
 $31,351,294 saved by districts using Career Focused
Education programs, including the Oakland Schools Technical
Campuses
20
Technology, Business and Operational
Services
 SPAM filtering blocked more than 1.4M SPAM
emails/day
 Student information system (MiStar) saved $56,800
each for 20 districts totaling $1,136,000
 AMS Business/Finance/HR application saved 6
districts $85,800 each, totaling $514,800
 Tech Services fielded and resolved 20,368 technical
assistance calls from local districts
 Internet Service Provider for all districts resulting in
savings of more than $1M
21
Technology, Business and Operational
Services
 Transportation collaboration helped reduce Special
Education bus mileage by 266,396 miles with an
estimated savings to 20 school districts of $1.5M
 PolyPlot Transportation Routing serviced 26 districts
 Bus Driver Safety Education for 1287 staff
(235 beginning bus driver and 1052 advanced bus
driver) and specialized training for over 270 staff
 $2.8M volume of cooperative purchases in Oakland
County; participated in more than $13.2M of
purchases in statewide competitive bids
22
Technology, Business and Operational
Services
 Production Printing & Graphics produced more than
20M copies at reduced cost and free delivery to local
districts, internal and municipalities
 Local districts received $12,304,143 through Medicaid
eligible services
 Fee for service support to Brandon, Clawson,
Madison, Oak Park and Pontiac
 Technical Campus Student Enrollment 2011-2012
 1st semester enrollment 2,851
 2nd semester enrollment 2,650
23
Program Highlights 2012-2013
 Oakland Opportunity Academy (OOA)
 Widening Advancements for Youth (W-A-Y)
 Virtual Learning Academy – Oakland
 NextGen Program (F1 Visa Program for foreign students)
 Continue to increase external services in respond to LEA
requests
 Continue to develop Common Core Standard Curriculum
 Provide resources for formative student assessments aligned
to state standards
24
Program Support & Subsidies 2012-2013

Shift existing resources to priority services (Grants, School
Quality)

Increased Medicaid distribution & reduced fee,
FY 2005 - 20% fee, current FY12 - 4.3% fee

Continue to subsidize ONE Network fees - $300,000

Continuation of Inform subsidy - $150,000

CFE Transportation Reimbursement - $2M

Continue CFE-Regional Program Relief Funds – $1.6M

Significant increase to Production Printing & Graphics
services permitting continued low cost printing
25
Program Support & Subsidies 2012-2013

Common Core Curriculum support - $450,000

Schools in need of targeted services - $200,000

$18.7M for direct instruction of 2,800 students in highend/high-tech programs at the Technical Campuses

Regional CTE program/staff support - $1.3M

Atlas-Rubicon West, curriculum management system subsidy $132,000

Discovery/Learn 360, video content streaming software
subsidy - $123,000
26
Program Support & Subsidies 2012-2013
 Regional Procurement Process (cooperative contract
network with over $13.2M of annual usage)
 AMS, Zangle, ONE Network technical support
 Beverage Consortium - $70,000
 Continue Inter-district mail services
 Continue Tri-County Alliance
 Provide Special Education PA-18 funding and support -
$110.5M (decreased by $34.7M from FY 2010)
27
Overview of Fiscal Year 2012-2013
Oakland Schools
Proposed 2012-2013 Budgets
28
Fund Balance Target Setting Protocol

The proposed protocol for the development of each fund’s year ending
fund balance target will be predicated upon:



5 percent of the operating programs contained in said fund
Known economic liabilities or designated reserves of a specific fund
The fund balance target setting protocol recognizes the following:



The State of Michigan’s economic environment
The financial condition of the LEAs
Maximize district support thru program support, subsidies and distributions
Oakland Schools Board of Education approved the Protocol on 6/15/2009
Practice for the Special Education Fund is to distribute to LEAs the amount in excess of
the target unreserved fund balance.
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Oakland Schools Total Revenue Summary
FY 2013 $270.7 Million
Dollars in millions
30
Revenue Assumptions

Property tax revenue decrease of 3%

Expected interest earnings are $895K total for all funds combined (FY 2007
$7.7 million)

Increased local district utilization of the student application & NextGen
Exchange student programs. Stable revenue from GenNet online software,
Rubicon West online software, Discovery/Learn 360 online software.

General Education Section 81 revenue stable

Special Education State funding stable

Career Focused Ed State funding stable

No Personal Property Tax loss forecasted in FY13
31
Operating Revenue per Countywide per
pupil count (195,000)
 Revenue in the three major ISD operating funds since FY 08
has plunged by $51.8 Million, 23.9% decrease (Excluding
Grants, Medicaid and Production Printing & Graphics)
 Loss of $290 per pupil on a countywide basis
 Includes PA-18 distribution reduction of $171 per pupil
– all pupils, General Ed.
32
Operating Revenue Countywide per pupil basis
$1,400
Operating revenue/per pupil
$1,240
$1,200
$1,244
$1,193
$1,074
$1,000
$1,015
$950
$800
$600
$400
$200
$0
2007-08
2008-09
2009-10
2010-11
2011-12
2012-13
33
Countywide pupil count
34
Oakland Schools Fiscal Year 2013
Total Expenditures Budget Type
$272.79 Million
27.1%
0.4%
5.9%
P.S./Supplies
Grants
0.1%
1.5%
Transfers to LEAs/Other Funds - $130.1
17.4%
Personnel
Personnel
Purch Srvcs, Supplies, Dues/Fees - $16.1
Transfers to LEAs
Utilities - $1.0
Grant Related Expenditures - $74.0
47.7%
Capital Outlay & Other - $0.3
Debt Service - $4.0
Dollars in millions
35
Notable Programs

Continuation of the Oakland Opportunity Academy - Alternative High
School program serves six districts w/ enrollment of 150 FTE. Tuition
projected at $6,700 per pupil

Continuation of Widening Advancements for Youth - online program
for 11th and 12th graders w/ enrollment of 240 FTE. Tuition projected
at $6,500 per pupil

New: Virtual Learning Academy – Oakland - online program for K-8
students projecting enrollment of 240 FTE but could be significantly
higher. Tuition projected to be $6,100 per pupil
36
Notable Programs

NextGen continues. High School Study Abroad program for 12th
grade Chinese students with enrollment of 15

Work on the Common Core Curriculum progresses. Over a three
year period (FY 2012-FY 2014) Oakland Schools will allocate
approximately $650K towards this countywide initiative. MAISA
will contribute $240,000 of this funding.
37
CPDI Fund

The CPDI Fund (Collaborative Programs Development Initiative) has an
estimated balance of $3.9 million.

There will be a subsidy from this fund of $190K to help start up the new
Virtual Learning Academy-Oakland Program for 2012-13. This amount is to
be repaid from VLA-O to the CPDI Fund via future tuition revenue
collections

Prior initiatives partially subsidized by the CPDI Fund include:

International Academy

Refugees Support Programs in qualifying districts

W-A-Y Program (Widening Advancements for Youth)
38
Summary Staffing Report
Business & Operations Departments
Administration
# of
Employees
2008-09
# of
Employees Difference
2012-13
10.10
6.40
(3.70)
Communication Services
4.00
3.00
(1.00)
Community Programs & Special Projects
0.90
3.00
2.10
Event Management
7.00
6.00
(1.00)
Facility Operations
8.00
6.53
(1.47)
10.00
10.00
Financial Services
Fingerprinting
0.00
0.40
0.00
(0.40)
10.00
8.00
(2.00)
Legal Affairs
2.00
2.00
0.00
Medicaid
6.00
4.00
(2.00)
New Media
0.00
0.00
0.00
Organizational Development
0.00
0.00
0.00
Print Production & Graphics
2.10
0.00
(2.10)
Purchasing
5.00
5.00
0.00
Regional Services Administration
2.85
2.65
(0.20)
Shipping/Receiving
4.45
3.20
(1.25)
Technology Support / Service Center
0.00
0.00
0.00
Transportation
4.00
2.33
(1.67)
Human Resources
Sub total:
76.80
62.11
(14.69)
Note: PP&G moved to 75% f ee based in 2008-09 & 2009-10 and then 100% f ee based beginning in 2010-11
39
Summary Staffing Report
# of
Employees
2012-13
# of
Employees
2008-09
Programs & Services Departments
Career Focused Education (Campus)
Difference
191.00
157.50
(33.50)
23.00
13.09
(9.91)
1.00
0.33
(0.67)
Early Childhood
12.00
11.50
(0.50)
Government & Community Services
10.90
11.05
0.15
Learning Services
37.50
30.54
(6.96)
8.00
0.00
(8.00)
10.50
14.30
3.80
100.00
71.21
(28.79)
55.00
50.50
(4.50)
1.00
0.00
(1.00)
Career Focused Education (Non-Campus)
Child Nutrition
Research,Evaluation & Assessment
School Quality
Special Education
Technology Services
World Language Initiative
Sub total:
Total Across All Departments:
Other Programs & Services
External Cost Recovery Positions
449.90
526.70
360.02
(89.88)
422.13
(104.57)
# of
Employees
2012-13
# of
Employees
2008-09
Difference
2.00
1.43
(0.57)
Homeless / Wrap Around (Grant Funded)
11.10
18.00
6.90
Job Link (Grant Funded)
32.00
37.33
5.33
Oakland Opportunity Academy
0.00
9.52
9.52
Virtual Learning Program
0.00
7.60
7.60
WAY Program
0.00
3.70
3.70
40
Salary & Benefits Comparison by Fund
(in $ millions)
41
Staffing Changes
 Two new consultant positions in Special Education
 (1) Alternative/Augmentative Communication
 (1) Visually Impaired
 The new Virtual Learning Academy – Oakland, an online K-8
program requires at least 7 new positions, and possibly more
depending on enrollment that is projected at 240 FTE
42
Personnel Costs
 Wage freeze in effect for third consecutive year, subject to
collective bargaining
 Furlough days (five for 12-month staff and three for 10-month
staff) eliminated after two years in effect. Cost increase of
$700K – All Funds
 Retirement rate of 27.37% will increase costs by $1.08 million.
This is an effective rate cost increase of 11.9%.
 Health Insurance “Hard Cap” will save $1 million. Plans offered
may be affected by collective bargaining
43
Budgetary Factors
 Michigan Tax Tribunal Expense (MTT)
 Doubled reserve in 2011-12 (from 1.5% to 3%)
 Set reserve at 2.5% for 2012-13 which equates to $3.2
million in expense
 PA 18 Special Education Funding
 $4 million reduction in 2012-13 equates to -3.6% or an
average loss per pupil in Oakland County of -$22 per pupil
44
Allocation of Costs
General Allocation
50% GE, 25% SE, 25% CFE
Activity Based Cost Allocation – FTE based
23% GE, 25% SE, 52% CFE
Abraham & Gaffney – square footage based
50% GE, 26% SE, 24% CFE
Cost Based Allocation – Transportation
73% GE, 25% SE, 2% CFE
Reference Enterprise Wide Summary Document
45
General Education Fund Summary

Total Revenue: $17.4 Million
 Property tax – $9.8M (56% of total revenue)
 Other local revenues – $3.5M
 State sources revenues – $3.5M
 Other financing source revenues – $.6M

Total Expenditures: $17.8 Million
 General Administration – $1.5M
 Finance and Operations – $6.8M
 Instructional Services – $8.8M
 Plant and fixed charges, transfers to LEAs – $.7M
46
General Fund Overview
$35
$30
$25
$20
$15
$10
$5
$0
2003
2004
Revenue
2005
2006
2007
Expenditures
2008
2009
2010
Fund Balance
Dollars in millions
2011
2012
2013
Amend#2 Proposed
47
Fiscal Year 2013 Fund Balance
END OF YEAR:
Unassigned:
$ 2,209,700
Assigned:
Prepaid, Inventory and Deposits
$
30,700
Total Budgeted Ending Fund Balance
$ 2,240,400
_______________________________________________________
5% of GEF operating expenditures ($17.8M):
$ 0.9M
State Aid exposure 50% of Section 81
$ 1.7M
Fund Balance Protocol Target:
$ 2.6 M
48
Fiscal Year 2013 District Debt
Amount
Average Annual Payment
GEF Debt Principal:
$ 4,030,000
$
CFEF Debt Principal:
$42,875,000
$ 3,100,000
QSCB Debt Principal:
$13,412,500
$ 1,111,000
Total OS Bonded Debt:
$60,317,500
$ 4,976,000
765,000
NOTE: Debt Service for the Administration Building
Project Bond (2003) and QSCB issue is pre-funded in Debt Service
Fund 310 & 313 and Debt Service for the campus renovations bond
(2007) is pre-funded in Debt Service Fund 312 through FY 2020
49
General Fund Five-Year Forecast
in millions
Proposed
2012-13
Projection
2013-14
Projection
2014-15
Projection
2015-16
Projection
2016-17
Revenue:
17.45
17.39
17.45
17.66
17.78
Expenditures:
17.88
17.79
17.76
17.99
18.08
Operating Excess (Deficit)
(.42)
(.39)
(.30)
(.32)
(.30)
End of Year Fund Balance:
2.24
1.84
1.53
1.21
.91
End of Year Unreserved FB
as % of Expenditures
12.5%
10.35%
8.66%
6.75%
5.02%
50
ISD Budget Resolution
Revised School Code 380.624 - Overview
1.
Not later than May 1 of each year, the ISD shall submit proposed
budget for next fiscal year to the board of each constituent district for
review
2.
Not later than June 1 of each year, the board of each constituent
district shall review the proposed ISD budget, shall adopt a board
resolution expressing its support for or disapproval of the proposed
budget
3.
Mail copy of resolution indicating support or disapproval (with
rationale) to the Oakland Schools Board of Education
51
General Education Fund
 Questions & Comments
52
Special Education Fund Summary

Total Revenue: $128.2 Million
 Property tax – $124.7M (97% of total revenue)
 Other local revenues – $.8M
 State sources revenues – $2.5M
 Other Financing Sources - $.2M

Total Expenditures: $128.2 Million
 Program supervision and direction – $2.3M
 Program operations – $7.1M
 Plant and fixed charges – $8M
 LEA transfers and program subsidies – $110.8M
53
Special Education Fund Overview
$180
$160
$140
$120
$100
$80
$60
$40
$20
$0
2003
Revenue
2004
2005
Expenditures
2006
2007
2008
Restricted Fund Bal
2009
2010
2011
2012
2013
Amend#2 Proposed
Restricted Fund Bal - Facilities
*FY 2004 contains “one time” operating adjustment for prior years
**Dollars in millions
54
Fiscal Year 2013 Special Education Program Support
and Subsidies
PA-18 Base Distribution
$ 108,560,000
Extraordinary Contingency
$
100,000
Section 24 subsidy/other
$
100,000
Group Homes
$
1,200,000
Havenwick
$
150,000
SEI Regional Day Treatment
$
450,000
Total
$ 110,560,600
PA-18 Base Distribution declined $(4.1M) from FY 2012
55
Oakland Schools Special Education
Expenditure Budget Comparison
Transfers to LEAs
OS Operations
180
160.7
160
145.8
137.8
140
120
106.9
156.8
148.18
143.4
143.24
134.7
114.72
110.09
110.56
100
80
60
40
20
18.5
23.4
27.4
16.02
16.9
17.66
18.6
18.9
18.5
16.05
17.9
17.72
0
Dollars in millions
56
PA-18 Base Distribution FY 2003-2017
Trend Line: Red
After Property Tax Decline: Blue
200
180
$171.0
$174.0
$177.0
$180.1
$167.0
$160.0
160
$155.0
$148.0
$142.1
140
$130.9
120
$141.9 $143.1
$133.7
$143.2 $142.8
$128.4
$109.5
100
2003
$116.6
$115.5
$112.0
2004
2005
$112.7
2006
2007
2008
2009
2010
2011
Dollars in millions
2012
$111.3
$108.6 $109.8
2013
2014
2015
2016
2017
57
Fiscal Year 2013 Special Education Fund Balance
END OF YEAR:
Restricted:
$
886,900
Future SE Center Facility Renovations
$
726,300
Total Budgeted Ending Fund Balance
$ 1,613,200
Restricted:
_________________________________________________________________
5% of SEF operating expenditures ($17.7 m):
$ .886M
State Aid exposure (sec 51a, 51a.8)
$
Fund Balance Protocol Target:
$ 0.886 M
0M
58
Special Education Five-Year Forecast
in millions
Proposed
2012-13
Projection
2013-14
Projection
2014-15
Projection
2015-16
Projection
2016-17
Revenue:
128.29
128.61
128.93
131.44
132.72
Expenditures:
128.29
128.46
128.77
131.22
132.51
Operating Excess
(Deficit)
.0029
.154
.153
.224
.214
Restricted Center
Program Facility
Renovation
.726
.936
1.15
1.36
1.57
Restricted Special Ed
.887
.831
.774
.788
.793
Total
1.613
1.767
1.920
2.144
2.359
End of Year
Restricted FB %
net of LEA O.T.
5.00%
5.00%
5.00%
5.00%
5.00%
End of Year Fund Bal:
59
Special Education Fund
 Questions & Comments
60
Career Focused Education Fund Summary
 Total Revenue: $31.6 Million




Property tax – $30.5 M (96% of total revenue)
Other local revenues – $0.5 M
State sources revenues – $0.4 M
Other financing source revenues – $0.2 M
 Total Expenditures: $32.2 Million




Campus and other program administration – $20.8 M
LEA transfers and direct program operations – $4.9 M
Facility and technology maintenance/renovations – $0.08 M
Plant and fixed charges – $6.4 M
61
Career Focused Education Fund Overview
Revenue
Debt/Capital
Expense
Restricted Fund Balance
$45
$40
$35
$30
$25
$20
$15
$10
$5
$0
2002
2003
2004
Dollars in millions
2005
2006
2007
2008
2009
2010
2011
2012
2013
Amend#2 Proposed
62
Fiscal Year 2013 Career Focused Education Fund Balance
END OF YEAR:
Restricted:
$
4,156,700
Prepaid, Inventory and Deposits
$
69,500
Total Budgeted Ending Fund Balance
$
4,226,200
Non-Spendable:
_______________________________________________________
5% of CFEF operating expenditures ($27.5):
$ 1.6 M
State Aid exposure (sec 61a.1):
$
Fund Balance Protocol Target
$ 2.0 Million
.4 M
63
Career Focused Education Five-Year Forecast
in millions
Proposed Projection
2012-13
2013-14
Projection
2014-15
Projection
2015-16
Projection
2016-17
Revenue:
31.65
31.74
31.82
32.43
32.75
Total Expenditures:
32.26
32.12
32.14
33.36
33.69
Operating Excess
(Deficit)
(.60)
(.38)
(.31)
(.92)
(.94)
Restricted
4.22
3.84
3.52
2.60
1.65
End of Year Restricted FB
as % of Expenditures
13.1%
11.9%
10.9%
7.8%
4.9%
End of Year Fund
Balance
64
Career Focused Education Fund
 Questions & Comments
65
Proposed Grants and Funds Projects Summary
 Total dollar award value of all current grants and funded
projects: $74M
 New Awards
 Carry Over
$60.5M
$13.5M
 Direct transfer to districts: $62.8M
 ISD administered grants and projects: $11.2M (Includes
JobLink $7.1M)
66
Other Funds
 Cooperative Activities Funds:

271 – Oakland Network for Education (ONE)

272 – Oakland Opportunity Academy (OOA)

273 – Medicaid

274 – Widening Advancements for Youth (W-A-Y)

275 – Virtual Learning Academy – Oakland (VLA-O)
 Debt Service Funds:

310 – Administrative Building Bond 2003: Ending 2018

312 – CFE Campus Renovations Bond: Ending 2036

313/314 – Qualified School Construction Bond: Ending 2027
67
Other Funds
 Capital Projects Funds:

404 - CFE Technical Campus Renovations Phase II Project

406 – Administrative Building Renovation & Maintenance

408 – Qualified School Construction Bond

409 – JobLink facility
 Production Print Fund 710 – Enterprise Fund
 Risk Related Activity Fund 810 – Internal Service Fund
Compensated absences pre-funded, insurance programs,
wellness and safety funded
68
Questions & Comments
