encinitas union school district budget presentation may 8, 2012
TRANSCRIPT
ENCINITAS UNION SCHOOL DISTRICTBUDGET PRESENTATION
May 8, 2012
2012 / 2013 BUDGET -It’s Complicated
YOU HAVE TO START WITH THE CATEGORICALS...EUSD is a basic aid district
The State can’t touch our property taxes so all of their reductions affect us through categorical budgets
Some categorical budgets just pay for specific programs
Other categorical budgets bleed over into district general fund spending (CSR and special education for instance)
The State can only take all of our sweepable categoricals or our excess basic aid dollars whichever mark the District hits first
CATEGORICAL REDUCTIONS
Ongoing Fair Share $ 2,959,895
Transportation Fair Share $ 215,687
Trigger Cut $ 1,965,418
TOTAL $ 5,141,000
IMPACT OF CATEGORICAL CUTS
Total Available Categorical Sweep Amount $ 4,551,375
School Site Reductions $ 297,007
Educational Services Reductions $ 1,642,680
District Reductions $ 2,575,955
Class Size Reduction
Deferred Maintenance
PAR
NEXT - CATEGORICAL SHIFTS TO DISTRICT BUDGET
EIA, TITLE 1, TITLE 3, AND SLP Budgets all must be adjusted to reflect new regulations - Critical jobs must therefore be passed over to the District budget
Net impact to District budget - $ 277,011
DISTRICT BUDGET BALANCING ACT
DISTRICT BUDGET IMPACTS
Fair Share Cuts $ 2,575,955
Categorical Job Shifts $ 277,011
Step and Column $ 605,080
Insurance $ 50,000
Utilities $ 138,000
Structural Deficit $ 350,000
TOTAL $ 4,209,299
ADDRESSING THE PROBLEM
SHORTFALL $ 4,209,299
REVENUE INCREASES
Property taxes $ 429,000
NCCSE Equalization $ 56,646
Mental Health Funds $ 120,000
TOTAL $ 605,646
ADDRESSING THE PROBLEM
SHORTFALL $ 4,209,299
REVENUE INCREASES $ 605,646
DIFFERENCE $ 3,603,653
Now it’s time to cut ...
PROPOSED BUDGET REDUCTIONS
DEPARTMENTAL CUTS
Business Services $ 101,844
Special Education $ 81,000
Administrative Services $ 198,422
Superintendent $ 55,601
Board $ 19,480
Deferred Maintenance $ 197,931
TOTAL $ 709,908
REMAINING DEFICIT
SHORTFALL $ 4,209,299
INCREASED REVENUES $ 605,646
DEPARTMENT REDUCTIONS $ 709,908
AMOUNT LEFT TO ADDRESS $ 2,893,745
PROPOSED BUDGET REDUCTIONS
Classified Reductions TBD
Certificated Reductions
24-1 K-3 class size increase $ 416,862
27-1 K-3 class size increase $ 1,092,989
Difference $ 676,127
OTHER CONSIDERATIONS...
Teachers and District negotiating on furloughs
Management has agreed to accept whatever teachers approve
Classified to begin discussions next week
Furlough Savings per day
Teachers $ 175,000
Management
Classified
TOTAL PER DAY
WILD CARDS
State Budget - May Revision on May 14
Already about $ 3 Billion short in budget
Projected shortfall through 2013 - $ 6 Billion +
Governor’s Initiative - no additional cuts but no new money
Munger Initiative - Losing in polls, sites get funds
Weighted funding plan
WILD CARDSFair Share Issues
State has already taken all tier 3 categoricals away
We still owe them more in Fair Share
State can only take Fair Share or return you to Revenue Limit
State now looking at special education dollars
could be $600,000 this year, 1.6 million next
WILD CARDS
Pacific View
Energy Savings
NEXT STEPS
May Revision Budget
Negotiations with Teachers and Classified
Refinement of Budget Estimates
District Budget Adoption
2-3 Year Plan
Concerns - Educational Services, Special Education, NCCSE, Economic Uncertainties, weighted formula
QUESTIONS?