fremont unified school district · 2018-09-05 · revenue enhancements and budget reductions . 12 ....
TRANSCRIPT
Fremont Unified School District Budget Update Budget Reductions and Revenue Enhancements Public Hearing
Information Item Wednesday, May 11, 2011 Updated
Presentation Items
1. What Has Happened to Our State And Federal Funding Over The Last Four Years?
2. How Have We Addressed The Deficits?
3. Challenges: Impact of No Election
4. Specific Challenges and Recommendations
5. Public Hearing
6. Next Steps
2
Revised
3
Section 1. What has happened to our State funding over the years?
4
1. What has happened to our state funding over the last four years? Change in Base Revenue Limit Since 2007-08
• The District has lost $2,791 per ADA in deficit factors from 2008-09 through 2010-11. This is
equivalent to over $87 million in revenue loss during this 3 year period.
• The District lost an addition $253 per ADA of one time funds in 2009-10 which is equivalent to an additional $7.8 million (on top of the $87 million).
2006-07 Base Revenue Limit per ADA
5,533.822007-08 Base Revenue Limit per ADA
5,785.822008-09 Base Revenue Limit per ADA
6,114.822009-10 Base Revenue Limit per ADA
6,376.82
Plus: 2007-08 COLA 4.53% 252.00
Plus: 2008-09 COLA 5.66% 329.00
Plus: 2009-10 COLA 4.25% 262.00
Plus: 2010-11 COLA -0.39% (25.00)
Plus:Estimated 2007-08 Equalization
0.00Plus:Estimated 2008-09 Equalization
0.00Plus:Estimated 2009-10 Equalization
0.00Plus:Estimated 2010-11 Equalization
0.00
2007-08 Base Revenue Limit per ADA
5,785.822008-09 Base Revenue Limit per ADA
6,114.822009-10 Base Revenue Limit per ADA
6,376.822010-11 Base Revenue Limit per ADA
6,351.82
Less: Less: Less: Less:
Deficit factor 0 Deficit factor 7.844% (479.65) Deficit factor 18.3555% (1,170.50) Deficit factor 17.9630% (1,140.98)
0.000% 7.84400% 0.92156 18.35550% 0.81645 17.96300% 0.82037
Other Revenue Adjustment 0.00
Other Revenue Adjustment 0.00
Other Revenue Adjustment (252.99)
Other Revenue Adjustment 0.00
5,785.82 5,635.17 4,953.33 5,210.842010-11 Deficited Base Revenue Limit per ADA
2009-10 Deficited Base Revenue Limit per ADA
2008-9 Deficited Base Revenue Limit per ADA
2007-08 Deficited Base Revenue Limit per ADA
2007-08 2008-09 2009-10 2010-11
5
1. What has happened to our State funding over the last four years?
Deficit Factor Reductions from 2008-09 through 2010-11
Loss of Funding
Per ADAFremont USD
P-2 ADALoss of Funding for
Fremont USD
2007-08 0.00 30,690 0
2008-09 (479.65) 30,964 (14,851,774)
2009-10 (1,423.46) 31,086 (44,249,532)
2010-11 (1,140.98) 31,396 (35,822,127)
Total Actual Funding Loss (94,923,433)
The Deficit Factor reductions have resulted in a revenue limit loss to the District of approximately $95 million in a 3-year period, or about $31.6 million per year since 2008-09. In other words, if there had been no deficit factors nor the one-time revenue limit adjustment, the District would have received about $95 million
more in revenue during this 3-year period.
Revised
6
Fiscal Year 2007-08 2008-09 2009-10Statory Revenue Limit per ADA5,796.91 6,125.91 6,386.91Funded Revenue Limit per ADA5,796.91 5,645.39 5,214.59
Statutory Revenue Limit per ADA Deficit Factor
Revenue Limit Adjustmets
Funded Revenue Limit
per ADA
Loss of Funding Per
ADA
2007-08 5,785.82 0.000% 0.00 5,785.82 0.00
2008-09 6,114.82 7.844% 0.00 5,635.17 (479.65)
2009-10 6,376.82 18.355% 252.99 4,953.36 (1,423.46)
2010-11 6,351.82 17.963% 0.00 5,210.84 (1,140.98)
2011-12 6,457.90 19.608% 349.00 4,842.63 (1,615.27)
$5,785.82
$6,114.82
$6,376.82 $6,351.82$6,457.90
$5,785.82
$5,635.17
$4,953.36
$5,210.84
$4,842.63
$4,500
$4,900
$5,300
$5,700
$6,100
$6,500
$6,900
Reven
ue L
imit
Per A
DA
Statory Revenue Limit per ADA Funded Revenue Limit per ADA Total Loss of Funding
$1,423.46 per ADA
$479.65 per ADA $1,140.98
per ADA$1,615.27 per ADA
1. What has happened to our State funding over the last four years?
Change in Base Revenue Limit Since 2007-08 with Projected $349 Reduction in 2011-12
2007-08 2008-09 2009-10 2010-11 2011-12
7
1. What has happened to our State funding over the last four years?
Change in Base Revenue Limit Since 2007-08 with Projected $844 Reduction in 2011-12
Fiscal Year 2007-08 2008-09 2009-10Statory Revenue Limit per ADA5,796.91 6,125.91 6,386.91Funded Revenue Limit per ADA5,796.91 5,645.39 5,214.59
Statutory Revenue Limit per ADA Deficit Factor
Revenue Limit Adjustmets
Funded Revenue Limit
per ADA
Loss of Funding Per
ADA
2007-08 5,785.82 0.000% 0.00 5,785.82 0.00
2008-09 6,114.82 7.844% 0.00 5,635.17 (479.65)
2009-10 6,376.82 18.355% 252.99 4,953.36 (1,423.46)
2010-11 6,351.82 17.963% 0.00 5,210.84 (1,140.98)
2011-12 6,457.90 19.608% 844.00 4,347.63 (2,110.27)
$5,785.82
$6,114.82
$6,376.82 $6,351.82$6,457.90
$5,785.82$5,635.17
$4,953.36$5,210.84
$4,347.63$4,250
$4,650
$5,050
$5,450
$5,850
$6,250
$6,650
Reven
ue L
imit
Per A
DA
Statory Revenue Limit per ADA Funded Revenue Limit per ADA Total Loss of Funding
$1,423.46 per ADA
$479.65 per ADA $1,140.98
per ADA
$2,110.27 per ADA
2007-08 2008-09 2009-10 2010-11 2011-12
8
History of Revenue Limit Deficit Factors
1994-95 -11.0100%
2000-01 0.0000%
2001-02 0.0000%
2002-03 0.0000%
2003-04 -3.0020%
2004-05 -2.1430%
2005-06 -0.8920%
2006-07 0.0000%
2007-08 0.0000%
2008-09 -7.8440%
2009-10 -18.3550%
2010-11 -17.9630%
2011-12 -19.6080%
Deficit Factor The percentage by which an expected allocation of funds to a school district or county office of education is reduced. The State may apply deficit factors to revenue limits and categorical programs when the State appropriation is insufficient based on the funding formulas specified by law.
1. What has happened to our State funding over the last four years? Deficit Factor History
Section 2. How have we addressed the deficits?
9
10
2. How have we addressed the ongoing deficits? Revenue Enhancements and Budget Reductions
The District has made several Tier III Reductions and Unrestricted General Fund (UGF) Revenue Enhancements. Some of these include reductions to the following Tier III programs: Adult School Reductions Secondary Class Size Elimination Deferred Maintenance Art & Music Block Grant Instructional Materials Adoption Deadlines Delayed Others noted on the following page
The District has also implemented ongoing percent contributions
from Tier III programs to the UGF
Other Reductions and UGF Revenue Enhancements Routine Restricted Maintenance Account (RRMA). Reduced contributions
from 3% to approximately 2.5% (in 2010-11)
Other Reductions Increased Grade K-3 Class Size Transportation Operations and Grounds Custodial
11
Board Approved Tier III Amount
One-Time or
Ongoing**
Tier III - Art & Music Block Grant Yes $437,000 Ongoing
Tier III - Adult School Reductions Yes $1,500,000 Ongoing
Tier III - Secondary CSR Elimination Yes $1,400,000 Ongoing
Tier III % Contribution / Tier III Multiple Accounts Yes $494,758 Ongoing
Tier III - Deferred Maintenance Yes $200,000 Ongoing
Flexibility - Routine Restricted Maintenance (RRMA) $845,000 Ongoing
Flexibility - IMFRP $1,000,000 Ongoing
Flexibility - Increase Grade K-3 Class Size 28:1 $3,794,760 Ongoing
Operations & Grounds Department Reductions $215,756 Ongoing
Custodial Reductions $251,070 Ongoing
Elementary Transportation Reduction $122,000 Ongoing
Subtotal $10,260,344
Negotiated
FUDTA, SEIU, FSMA, CSEA 3.21% WYR $6,015,919 1-Time *
Supt. and Asst. Supts. 5% WYR $45,080 1-Time *
FUDTA Schedules B,C,D,E $200,000 1-Time *
Elementary PREP reduced by 50% $3,000,000 1-Time *
Subtotal $9,260,999
Total $19,521,343
2. How have we addressed the ongoing deficits? Revenue Enhancements and Budget Reductions
12
Section 3. Challenges: Impact of No Election
Revised
13
The following assumes (1) $349 per ADA Revenue Limit Loss, (2) MOUs Expire on June 30, 2011 and (3) Tax Initiative Fail or No Tax Initiatives.
In the current 2010/11 year, the Administration has implemented expenditure delays to help minimize the amount of required reductions.
The Administration is analyzing DO discretionary multi-year budgets and making adjustments where appropriate.
*Based on Governor Brown’s 2011-12 January State Budget with no Tax Extensions, $349 per ADA loss, Measure K PT revenue at $3.3 Million **$9.3 Million MOUs expire on June 30, 2011 (see slide 11), Librarians, LMTs, and Counselors funded by ARRA Funds added back to UGF
(In $ Millions) Actual Projected Projected Projected
Major Category 2009/10 2010/11 2011/12 2012/13
Revenues/Sources * $185.9 $195.1 $186.3 $191.0
Expenditures / Uses ** $191.9 $192.5 $205.9 $209.3
Surplus (Deficit) ($6.0) $2.6 ($19.6) ($18.3)
Ending Balance $23.3 $25.9 $6.3 ($12.0)
Designated Balance (includes 2% State Mandated
Reserves, Revolving Cash Reserves, Stores, etc)$6.8 $5.9 $5.7 $5.8
Undesignated Balance $16.5 $20.0 $0.6 ($17.8)
3. Challenges: Impact of Election vs. NO Election Plan B –Estimated
14
3. Challenges: Impact of Election vs. NO Election Plan C – Estimated
*Based on Governor Brown’s 2011-12 January State Budget with no Tax Extensions, a $844 per ADA loss, Measure K PT revenue at $3.3 Million **$9.3 Million MOUs expire on June 30, 2011 (see slide 11), Librarians, LMTs, and Counselors funded by ARRA Funds added back to UGF
(In $ Millions) Actual Projected Projected Projected
Major Category 2009/10 2010/11 2011/12 2012/13
Revenues/Sources * $185.9 $195.1 $170.3 $175.0
Expenditures / Uses ** $191.9 $192.5 $205.9 $209.3
Surplus (Deficit) ($6.0) $2.6 ($35.6) ($34.3)
Ending Balance $23.3 $25.9 ($9.7) ($44.0)
Designated Balance (includes 2% State Mandated
Reserves, Revolving Cash Reserves, Stores, etc)$6.8 $5.9 $5.7 $5.8
Undesignated Balance $16.5 $20.0 ($15.4) ($49.8)
The following assumes (1) $844 per ADA Revenue Limit Loss, (2) MOUs Expire on June 30, 2011 and (3) Tax Initiative Fail or No Tax Initiatives.
In the current 2010/11 year, the Administration has implemented expenditure delays to help minimize the amount of required reductions.
The Administration is analyzing DO discretionary multi-year budgets and making adjustments where appropriate.
The Administration is:
Maintaining unfilled vacant positions unless they are absolutely
necessary
Delaying discretionary purchases
Reviewing every current year 2010-11 discretionary account at the DO, and redirecting unused amounts to help balance the District’s budget (and minimize reductions)
Analyzing prior year actual expenditures for each Discretionary and Tier III account, and based on actuals, the Administration is revising multi-year budget allocations for each Discretionary and Tier III budget
15
3. Challenges: Impact of Election vs. NO Election Current Actions to Prepare…
16
2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 * 2010-11
Total Unrestricted $5.9 $7.4 $10.4 $17.5 $19.4 $28.3 $23.3 $26.0
$0.0
$5.0
$10.0
$15.0
$20.0
$25.0
$30.0
FUSD Total Unrestricted Ending Fund Balance
(in Millions) Amounts include 2% Reserves for Economic Uncertainties, Revolving Cash, Store, and 1-Time Dollars
* Estimated: Given recent discretionary budget adjustments, actual amount may increase to help minimize reductions.
3. Challenges: Impact of Election vs. NO Election Current Actions to Prepare: Reserves
17
$0.0
$0.0 $3.1
$6.0 $8.4
$0.7 $9.0
$9.9
$0.0
$5.0
$10.0
$15.0
$20.0
$25.0
$30.0
2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 * 2010-11
Designated SFSF(One-Time) $8.4 ARRA (One-Time) $1.7 Undesignated 1 Time $252.99 per ADA Cut (Designated)
FUSD Unrestricted Ending Fund Balance
(in Millions)
How Are Reserves Accounted and How Have They Been Used?
3. Challenges: Impact of Election vs. NO Election Current Actions to Prepare: Reserves
* Estimated: Given recent discretionary budget adjustments, actual amount may increase to help minimize reductions.
18
2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 * 2010-11
Undesignated $0.0 $0.0 $3.1 $6.0 $8.4 $0.7 $9.0 $9.9
$0.0
$2.0
$4.0
$6.0
$8.0
$10.0
$12.0
FUSD Undesignated - Unrestricted Ending Fund Balance
(in Millions)
What’s Really Left?
3. Challenges: Impact of Election vs. NO Election Current Actions to Prepare: Reserves
* Estimated: Given recent discretionary budget adjustments, actual amount may increase to help minimize reductions.
One-time remaining Federal Jobs Bill Funds
Must be spent by September 2012
One-time remaining SFSF General Use Funds Must be spent by September 2011
Partial Redirection of Discretionary Fund Balances –District Office Only, 2010-11 and
in the Multi-Year Budgets
Partial Redirection of Tier III Program Ending Balances
Use of Unrestricted General Fund Reserves
Use of Federal Title II Funds
One-time Mandated Cost revenue Other Incorporated Measure K Parcel Tax revenue in multi-year budgets
19
3. Challenges: Impact of Election vs. NO Election Current Actions to Prepare: Reserves
Revised
20
Section 4. Specific Challenges and Recommendations
4. Specific Challenges and Recommendations
Challenge of adopting a budget before the State does
Uncertainty regarding final State Budget
Volatility with State Budget
Assumptions need to be thoroughly assessed
Staffing commitments (March and April notices) prior to knowing final State budget
21
Mid-year cuts and other budget busters “Structural deficit” and the implications for long-term stability
Increased costs for seniority, step and column increases Increase in utilities costs Increased cost of possible borrowing due to increase in cash
deferral from State Increase in Transportation costs
Depletion of one time Federal Funds
Special Education –lack of adequate funding
Funding gap
22
4. Specific Challenges and Recommendations
Recommendations
Given that currently: We have no idea what will happen with the tax extensions There are more discussions that the revenue limit loss may be much higher
than $349 per ADA We have a fiduciary responsibility and are required to submit a balanced
budget by 6/30/11
The Administration recommends:
Moving forward with budget reductions and revenue enhancements equivalent to $679 per ADA or approximately $21.3 million of ongoing revenue limit reductions
This amount is in addition to the $11 million of one-time MOUs and expenditures charged to one-time ARRA budget $9.26 million of $11 million was negotiated
23
4. Specific Challenges and Recommendations
Revised
24
The following assumes (1) $679 per ADA Revenue Limit Loss, (2) MOUs Expire on June 30, 2011 and (3) Tax Initiative Fail or No Tax Initiatives.
In the current 2010/11 year, the Administration has implemented expenditure delays to help minimize the amount of required reductions.
The Administration is analyzing DO discretionary multi-year budgets and making adjustments where appropriate.
*Based on Governor Brown’s 2011-12 January State Budget with no Tax Extensions, $679 per ADA loss, Measure K PT revenue at $3.3 Million **$9.3 Million MOUs expire on June 30, 2011 (see slide 11), Librarians, LMTs, and Counselors funded by ARRA Funds added back to UGF
(In $ Millions) Actual Projected Projected Projected
Major Category 2009/10 2010/11 2011/12 2012/13
Revenues/Sources * $185.9 $195.1 $176.0 $180.8
Expenditures / Uses ** $191.9 $192.5 $205.9 $209.3
Surplus (Deficit) ($6.0) $2.6 ($29.9) ($28.5)
Ending Balance $23.3 $25.9 ($4.0) ($32.5)
Designated Balance (includes 2% State Mandated
Reserves, Revolving Cash Reserves, Stores, etc)$6.8 $5.9 $5.7 $5.8
Undesignated Balance $16.5 $20.0 ($9.7) ($38.3)
4. Specific Challenges and Recommendations Estimated Multi Year with Projected $679 per ADA Revenue Limit Loss
Deficit Spending
Revised
25
4. Specific Challenges and Recommendations Projected $679 per ADA Revenue Limit Loss
Fiscal Year 2007-08 2008-09 2009-10Statory Revenue Limit per ADA5,796.91 6,125.91 6,386.91Funded Revenue Limit per ADA5,796.91 5,645.39 5,214.59
Statutory Revenue Limit per ADA Deficit Factor
Revenue Limit Adjustmets
Funded Revenue Limit
per ADA
Loss of Funding Per
ADA
2007-08 5,785.82 0.000% 0.00 5,785.82 0.00
2008-09 6,114.82 7.844% 0.00 5,635.17 (479.65)
2009-10 6,376.82 18.355% 252.99 4,953.36 (1,423.46)
2010-11 6,351.82 17.963% 0.00 5,210.84 (1,140.98)
2011-12 6,457.90 19.608% 679.00 4,512.63 (1,945.27)
$5,785.82
$6,114.82
$6,376.82 $6,351.82$6,457.90
$5,785.82$5,635.17
$4,953.36$5,210.84
$4,512.63
$4,250
$4,650
$5,050
$5,450
$5,850
$6,250
$6,650
Reven
ue L
imit
Per A
DA
Statory Revenue Limit per ADA Funded Revenue Limit per ADA Total Loss of Funding
$1,423.46 per ADA
$479.65 per ADA $1,140.98
per ADA
$1,945.27 per ADA
2007-08 2008-09 2009-10 2010-11 2011-12
26
4. Specific Challenges and Recommendations Recommendations: Revenue Enhancements
Recommendations One-Time Solutions –Assuming $679/ADA Revenue Limit Loss Starting in 2011-12
One-time Reserves: Use remaining one-time Federal Jobs Bill Funds in 2011-12
$5.8 Million of Unrestricted General Fund expenditure reductions Expenditures would be transferred to the restricted side of the budget
One-time Reserves: Use remaining one-time ARRA-SFSF General Use Funds by
June 30, 2011 $2.45 Million of Unrestricted General Fund expenditure reductions Expenditures would be transferred to the restricted side of the budget
Undesignated Reserve: Use Undesignated GF Reserves over a 4 year period
Redirect Funds. Redirect some Tier III Program Ending Balances
Approximately $1.2 million over what was already redirected about 10 months ago
Revised
Recommendations One-Time Solutions-- Assuming $679/ADA Revenue Limit Loss Starting in 2011-12
Redirect Expenditures: Use Federal Title II Funds
$600K in 2011-12 Requires additional board action
Redirect Funds: Redirect Adult Education Tier III revenue
An additional $500,000
Redirect Funds: Redirect unspent District Office discretionary accounts
Spending Freeze: Implement spending freeze in 2011-12
27
4. Specific Challenges and Recommendations Recommendations: Revenue Enhancements
Revised
28
Recommendations Through 2013-14 Assuming $679/ADA Revenue Limit Loss Starting in 2011-12 Pursue the feasibility of Salary reductions for all bargaining units in the multi-year budget and/or Extend MOU that expires in June 2011, Negotiable, Approximately $9.2
million
For each 1% salary reduction applied to all units Approximately $1,406,448 in UNRESTRICTED expenditure reductions:
FUDTA: $1,070,383
SEIU: $88,771
CSEA: $115,461
FSMA: $125,134
Senior Management: $6,699
4. Specific Challenges and Recommendations Recommendations: Expenditure Reductions
Revised
29
Recommendations Through 2013-14 Assuming $679/ADA Revenue Limit Loss Starting in 2011-12 Pursue salary reductions for all bargaining units
For each 1% salary reduction applied to all units
Approximately $467,670 in RESTRICTED expenditure reductions:
FUDTA: $249,968
SEIU: $44,157
CSEA: $145,605
FSMA: $25,623
Senior Management: $2,317
4. Specific Challenges and Recommendations Recommendations: Expenditure Reductions
Revised
30
Recommendations Through 2013-14 Assuming $679/ADA Revenue Limit Loss Starting in 2011-12 Increase Grades K-3 Class Size
K-3 class sizes have been budgeted at 28:1 in 2010-11, however, the majority of the classes are actually at 26:1
For 2011-12 through 2013-14 Staff classes at 30:1
Estimated annual savings is $1.4 million
No Change: Maintain Grades 4-6 at Current 30:1 Class Size Currently, grades 4-6 are staffed at 30:1 No additional savings
4. Specific Challenges and Recommendations Recommendations: Expenditure Reductions
Revised
31
Recommendations Through 2013-14 Assuming $679/ADA Revenue Limit Loss Starting in 2011-12
Increase Grades 7-12 Class Size
Currently, Grades 7-12 are staffed at 28:1 For 2011-12 through 2013-14, increase class size by an average of 2
students making the ratio to 30:1 Estimated annual savings of $2.6 Million
4. Specific Challenges and Recommendations Recommendations: Expenditure Reductions
Revised
32
4. Specific Challenges and Recommendations Summary of Recommendations: Expenditure Reductions
Estimated 2011-12 Structural Deficit $29,900,000 (Slide 24)
Reserves: Use Reserves/One-Time Funds, Board Action Required Total 2010-11 Use remaining ARRA-SFSF * $2,450,000 Redirect Unused Discretionary Funds in 2010-11 $2,000,000 Redirect 2010-11 Tier III Funds $1,200,000 Re-direct Adult Education Funds $ 500,000 2011-12 Use remaining Federal Jobs Bill – to be used in 2011-12 $5,800,000 Use Undesignated Ending Balance Over a 4-5 year period $4,000,000** Total: $15,950,000***
* To be used to make unrestricted expenditure transfer **Given the ongoing State Budget volatility, and to help protect the District from future crisis, amount noted is over a 5 year period. *** Expenditures would be reduced and revenues would be increased by about $15.95 million over this two year period. This one-
time action would help balance the multi-year budget through 2013-14.
New Assuming $679/ADA Revenue Limit Loss Starting in 2011-12
33
Estimated 2011-12 Structural Deficit $29,900,000 (Slide 24)
On-Going Funds Through 2013-14, Board Action Required Increase Grade K-3 Class Size 30:1 (with 93%-94% efficiency) $ 1,441,000 Increase Grade 7-12 Class Size to 30:1 $ 2,668,000 Revise and reduce Multi-Year Discretionary Accounts TBD Revise Multi-Year Use Federal Title II Funds $ 600,000 Total: $ 4,709,000 + TBD Negotiable Total Elementary PREP Reduction – 100% $ 6,000,000 District-Wide Pay Cut (4%) $ 5,626,000 + TBD District-Wide Work Year Reduction (5 Days) $ 3,761,000 + TBD Other Negotiable TBD
Total: $15,387,000 + TBD
Estimated Potential Budget Solutions: $36,046,000 + TBD
4. Specific Challenges and Recommendations Summary of Recommendations: Expenditure Reductions Assuming $679/ADA Revenue Limit Loss Starting in 2011-12 New
34 34
Other Ongoing Recommendations Being Analyzed Implement future spending freeze
Analyze multi-year discretionary accounts and make adjustments as
necessary Consider increasing facility use fees beginning in January 2012 (to
provide sufficient notification and planning to facility users)
Other items would require negotiations with collective bargaining groups
4. Specific Challenges and Recommendations Recommendations: Expenditure Reductions Assuming $679/ADA Revenue Limit Loss Starting in 2011-12 New
5. Public Hearing
35
New
Board of Education, Conduct Public Hearing May 11
Board of Education, Provide direction to staff regarding
reductions to pursue May 11
Administration, Makes recommendations regarding budget
reductions and revenue enhancements for Board action May 25
36
6. Next Steps