larkspur-corte madera school district
DESCRIPTION
Larkspur-Corte Madera School District. DRAFT GENERAL FUND BUDGET 2012-13. April 25, 2012. Where do our assumptions come from?. State Government Governor Legislative Analysts Office Department Of Finance Education Coalition CTA, CSBA, ACSA, CASBO Financial Advisors/Overseers - PowerPoint PPT PresentationTRANSCRIPT
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Larkspur-Corte Madera School District
DRAFT GENERAL FUND BUDGET2012-13
April 25, 2012
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Where do our assumptions come
from?State Government• Governor • Legislative Analysts Office• Department Of Finance
Education Coalition• CTA, CSBA, ACSA, CASBO Financial Advisors/Overseers • School Services of California• Marin County Office of Education• County of Marin – Assessor, Treasurer
Board/Staff Input• Board Policy• Staffing formulas• Trend Analysis
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Major Budget Categories
1000 – Certificated Salaries (teachers, admin)2000 – Classified Salaries (secretaries, custodians, paraprofessionals, support staff)3000 – Benefits (statutory deductions, h/w cap, retirees)4000 – Materials & Supplies5000 – Services & Contracts6000 – Capital Outlay7000 – Other outgo, financing uses, etc8000 - Revenue
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1000 – Certificated Salaries
Certificated Salaries
Teachers/SpecialistsOther Ad-justmentsAdministration
KEY ASSUMPTIONS
INCLUDES:• Classroom teachers and
specialists• Other Adjustments (stipends,
subs, extra duty)• Administration (Principals/AP,
Superintendent, Directors)
Draft 1 adds 1 .4 FTE for growth and VAPA coaching shift.
Only Step and Column, no COLA.
New Hires budgeted at highest allowed per LCMTA contract.
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2000 – Classified Salaries
Classified Salaries
Admin SupportInstructional SupportClassified ManagementClassified SupportExtra Duty, subs, etc
KEY ASSUMPTIONS
Includes:• Admin Support (Secretaries, Admin
Assists, Health Aide, Courier)• Instructional Support (Classroom
Aides, Paraprofessionals)• Classified Management (Business
Manager, VAPA Coordinator, Facilities Director)
• Classified Support Staff (Custodians/Maintenance, Yard)
• Extra Duty, subs, etc.
Step increases only, no COLA
All mid-year hires from prior year adjusted to full year.
No classified staffing adds in this draft.
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3000 - Benefits
STRSPERSOASDIMedicareSUIWorkers CompH/WOther
KEY ASSUMPTIONS
STATUTORY BENEFITS (Employer costs)
o STRS (Certificated) – 8.25%o PERS (Classified) – 11.2%
(11.81 at 6 pm Tues)o FICA (classified) – 6.20%o Medicare – 1.45%o SUI (decrease) – 1.10% o Worker’s Comp - .712% (rate
increase to .985% at 3 pm Tues)
HEALTH/WELFARE Cap at $8393
OTHERRetiree benefits
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4000 – Materials & Supplies
Books & Reference MaterialsMaterials & SuppliesNon-Capital-ized Equip-ment
KEY ASSUMPTIONS
Books and Reference Materials Materials & Supplies
Maintenance/CustodialVAPATechnology
Non-capitalized EquipmentLast year – 3 year Apple
contractTechnology
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5000 – SERVICES & CONTRACTS
Workshops/Conferences
Insurance
Utilities
Maintenance Contracts
Rents, Leases & Repairs
Employment Costs
Audit fees, legal, etc
Outside Contractors
KEY ASSUMPTIONS
Major operating costs including but not limited to:• Workshops/Conferences• Insurance• Utilities• Maintenance Contracts (Copiers,
Lycee lease agreement-last yr, maintenance)
• Repairs,Rents,Leases - Maintenance• Employment costs (advertising,
fingerprinting)• Audit fees, Election costs, Legal fees• Outside Contractors - Contracts for
professional development and other outside agency services including MCOE financial system, internet access, web site maintenance, Special Ed Mandates.
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7000 – Other Financing Uses
Other OutgoInterfund TransfersDirect/Indirect Costs
KEY ASSUMPTIONS
Other Outgo• Special Education Excess Cost
Billback• Special Education Transportation
Interfund Transfers• To Deferred Maintenance
Direct/Indirect Costs
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8000 - Revenue
Property Taxes/Rev LimitFederal RevenuesState RevenuesLocal RevenueSPARK
KEY ASSUMPTIONS
Property Taxes/Revenue Limit• 1.5% growth from prior year• ADA=Moderate level, demographer study
Federal Revenue• Includes Pre-school, no ARRA
State Revenue• Maintains flexibility provisions • Includes “Basic Aid Fair Share” reduction
reflected in CSR• Increased Mental Health to cover
additional costs for shift of services from County to school districts.
Local Revenue• Parcel Tax with 5% inflator
SPARK• Increased Base Commitment per on-
going budget development meetings
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BOARD RESERVES
• State Required ( 3%)
• Board Policy (+3% - twice the state required at a minimum)
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Assumptions of Note2013-14 and 2014-15
2014-15REVENUES2% COLA applied to State Categoricals per SSC
EXPENDITURESAdds 1 FTE Classified staff (custodian for new site)Includes only Step and ColumnKeeps in Election costs Includes second1/3 of 3-year technology plan projected (iPads).
2013-14REVENUES100% reduction of Lycee lease revenue beginning this yearLast year for Marin Community Foundation Grant2% COLA applied to State Categoricals per SSC100% reduction of Home-to-School Transportation funding
EXPENDITURESAdds 1 FTE Certificated staffIncludes only Step and ColumnAdds Election costs Includes 1/3 of 3-year technology plan projected (iPads)Increase to Special Ed Transportation due to 100% reduction of funding
RESERVESAdds estimated effect of failure of Tax Initiative/s
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What’s still hanging out there?
Weighted Student Formula• Anyones guess!
Tax Initiatives• Of the two remaining which one (if any) will
pass?
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NEXT STEPS
May Revise (announced by May 15, SSC workshop May 21)• Latest on economic/political “landscape”
Staffing Updates• Actual costs of new hires (salary schedule
placement)
Final rates for employer payroll costs, property & liability insurance e.g.• Usually firmed up by mid-late May