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Copyright © 2013 Charter School Capital, Inc.
Budget Impacts on
CA Charter Schools
September 24, 2013
2
Copyright © 2013 Charter School Capital, Inc.
WELCOME
• Panelists
– Chas Cardall, Orrick, Herrington & Sutcliffe
– Branc...
3
Copyright © 2013 Charter School Capital, Inc.
WELCOME
• Overview and legislative update
• Budget process and impacts - n...
Copyright © 2013 Charter School Capital, Inc.
Overview and Legislative
Update
5
Copyright © 2013 Charter School Capital, Inc.
STATE OF THE STATE
• FY 2013-2014 Budget uses conservative revenue estimat...
Copyright © 2013 Charter School Capital, Inc.
Funding
7
Copyright © 2013 Charter School Capital, Inc.
FUNDING
• Phases of the plan
– Legislative
– Regulatory
– Build-up
– Full ...
8
Copyright © 2013 Charter School Capital, Inc.
FUNDING
• Base grant funding
– Certified rate card per pupil
– Everyone ge...
9
Copyright © 2013 Charter School Capital, Inc.
FUNDING
• Concentration grant
– 50% of Base Grant for each pupil over 55% ...
10
Copyright © 2013 Charter School Capital, Inc.
FUNDING: BASE GRANT
What You Received Last Year = LCFF Base Grant
K-3
Gen...
11
Copyright © 2013 Charter School Capital, Inc.
FUNDING
Base Grant Progression
K-3
Base Grant Fiscal „13 – „14 $5,831
Fis...
12
Copyright © 2013 Charter School Capital, Inc.
FUNDING - LCFF
FY ‘13 FY ‘14
ADA 100 100
K-3 100 100
School Q# 60 60
Dist...
13
Copyright © 2013 Charter School Capital, Inc.
FUNDING - LCFF
Concentration Grant FY ‘13 FY ‘14
Q Pupils - 5
50% of Rate...
14
Copyright © 2013 Charter School Capital, Inc.
FUNDING
Prop 30 - Effect of the EPA on GPE Calculation
GPBG
In-Lieu
GPBG
...
15
Copyright © 2013 Charter School Capital, Inc.
FUNDINGPercentofAnnualRevenuesReceivedEachMonth
Fiscal Year 2013 - 2014
Copyright © 2013 Charter School Capital, Inc.
16
Copyright © 2013 Charter School Capital, Inc.
Budget Impacts
17
Copyright © 2013 Charter School Capital, Inc.
• LCFF implementation $2.1B
• Common Core funding and implementation $1.2...
Copyright © 2013 Charter School Capital, Inc.
Accountability
19
Copyright © 2013 Charter School Capital, Inc.
• Collaborative
– What is it? How does it work?
• Petition requirements
–...
20
Copyright © 2013 Charter School Capital, Inc.
ACCOUNTABILITY
• Revocation
– SBE may revoke any charter if the school fa...
21
Copyright © 2013 Charter School Capital, Inc.
ACCOUNTABILITY
• Authorizer is required to consider revocation if the Col...
Copyright © 2013 Charter School Capital, Inc.
What Can You Do?
23
Copyright © 2013 Charter School Capital, Inc.
WHAT CAN YOU DO?
• We will continue to track the impact of LCFF
• Get inv...
Copyright © 2013 Charter School Capital, Inc.
Questions?
Copyright © 2013 Charter School Capital, Inc.
25
Copyright © 2013 Charter School Capital, Inc.
Thank You.
26
Copyright © 2013 Charter School Capital, Inc.
877-272-1001
John Helgeson
jhelgeson@charterschoolcapital.org
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Budget and Legislation Impacts on CA Charter Schools

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  • JH
  • JOHN - WE WILL PROVIDE THE DOWNLOAD DETAILS AFTER THE WEBINARCHAS & BRANCHE = “Good Morning”
  • JOHN – Introduce the panelists and agendaPLEASE BE SURE TO SUBMIT YOUR QUESTIONS VIA THE DASHBOARD ON GOTOWEBINAR AND WE WILL GET ANSWERS TO YOU
  • JH to lead – transfer to CHAS
  • CHAS – MAIN OVERVIEW – BULLETS 1-3, 5-6 minutesBRANCHE – BULLETS 3-6, 5-7 minutesSB740 and revolving loan program shifting to CSFA (nobody taking ownership for previous years)CDE schools began payments – entire year’s taken out in AugustJOHN – add color
  • Branche (JH may add color to this slide)
  • BRANCHE (JH adding color)ONE OF THESE SHOULD NOT BE CAPPED _ WHICH ONE???
  • BRANCHE (JH as needed)
  • JOHN
  • JOHN
  • JOHN
  • JOHN
  • JOHNJuly defs: (17.34%) + LCFF (20%) + EPA (4.5%) = total 41.84%Removed EPA from June Capped? Where do we want to put bullets 4 & 5 currently on the overview slide
  • BRANCHE
  • BRANCHE (JH to add editorial)CollaborativeWhat is it?How does it work?Petition Requirements: Due July 1, 2014Description of the school’s annual goals for academic achievement for all students and each subgroup of students.Updated each year by July 1st beginning in 2015Includes identification of specific actions to meet these goals using a SBE template:A review of the progress toward the goals included in the charteran assessment of the effectiveness of the specific actions described in the charter toward achieving the goals and a description of changes to the actions that the charter school will make as a result of the review and assessment.A listing and description of the expenditures for the fiscal year implementing the specific actions included in the charter as a result of the reviews and assessment. Consulting Requirementsconsult with teachers, principals, other staff, parents and pupils in the annual update.
  • BRANCHE
  • BRANCHE
  • JOHN + BRANCHE
  • IF THERE ARE ANY QUESTIONS PLEASE SUBMIT THEM VIA THE WEBINAR DASHBOARD.
  • Transcript of "Budget and Legislation Impacts on CA Charter Schools"

    1. 1. Copyright © 2013 Charter School Capital, Inc. Budget Impacts on CA Charter Schools September 24, 2013
    2. 2. 2 Copyright © 2013 Charter School Capital, Inc. WELCOME • Panelists – Chas Cardall, Orrick, Herrington & Sutcliffe – Branche Jones, Legislative Consultant – John Helgeson, Charter School Capital Who we are
    3. 3. 3 Copyright © 2013 Charter School Capital, Inc. WELCOME • Overview and legislative update • Budget process and impacts - new and important! – Funding - Local Control Federal Funding (LCFF) – Cash flow – Accountability • An updated look ahead Agenda
    4. 4. Copyright © 2013 Charter School Capital, Inc. Overview and Legislative Update
    5. 5. 5 Copyright © 2013 Charter School Capital, Inc. STATE OF THE STATE • FY 2013-2014 Budget uses conservative revenue estimates • Payoff of “hidden debt” is an important goal • Education Protection Account and overall education funding • SB740 and CDE Revolving Loan Program shifting to CSFA • New Bills AB913 and AB484 will alter – Charter school conversions – Standardized testing in the state • Additional updates Overview and legislative update
    6. 6. Copyright © 2013 Charter School Capital, Inc. Funding
    7. 7. 7 Copyright © 2013 Charter School Capital, Inc. FUNDING • Phases of the plan – Legislative – Regulatory – Build-up – Full implementation • Political Landscape – How we got here oAdditional education funds oWhat did people get? – Collective: Accountability – Cap charter school funding – Why the Governor believes so strongly? A Brief Overview - Local Control Funding Formula
    8. 8. 8 Copyright © 2013 Charter School Capital, Inc. FUNDING • Base grant funding – Certified rate card per pupil – Everyone gets this – This year • Supplemental grant – 20% of Base Grant (counts only once) oEnglish learner oF&RL oFoster care Local Control Funding Formula
    9. 9. 9 Copyright © 2013 Charter School Capital, Inc. FUNDING • Concentration grant – 50% of Base Grant for each pupil over 55% of the student categories that qualify for Supplemental Grant – Capped at % of the district your in, and not necessarily your authorizer • Augmentation – Class size reduction for K-3 oMust be 24:1 or less by full implementation oGradual reduction during phase In (10.4% of Base in K-3/ADA) – Grades 9-12 oMust be spent on 9-12 oCollege and career readiness as described in your LC Accountability Plan What does it mean?
    10. 10. 10 Copyright © 2013 Charter School Capital, Inc. FUNDING: BASE GRANT What You Received Last Year = LCFF Base Grant K-3 General Purpose Base Grant $4,500 In Lieu $609 Categorical Block Grant $412 Economic Impact Aid $310 FY ‘14 LCFF Base Grant $5,831
    11. 11. 11 Copyright © 2013 Charter School Capital, Inc. FUNDING Base Grant Progression K-3 Base Grant Fiscal „13 – „14 $5,831 Fiscal „14 – ‟15 $5,953 Fiscal ‟15 – „16 $6,074 Fiscal „16 – „17 $6,196 Fiscal „17 – ‟18 $6,318 Fiscal „18 – „19 $6,439 Fiscal „19 – „20 $6,561 Fiscal „20 – ‟21 $6,683 Target Base Grant $6,845
    12. 12. 12 Copyright © 2013 Charter School Capital, Inc. FUNDING - LCFF FY ‘13 FY ‘14 ADA 100 100 K-3 100 100 School Q# 60 60 District % 60% 60% CG Qual: 5 5 K-3 “Base” $5,109 $5,831 Revenue $510,900 $583,100 Supplemental Grant / CG FY ‘13 FY ‘14 Q Pupils 80 60 20% of Rate $816 $1,166 Revenue $65,280 $69,960
    13. 13. 13 Copyright © 2013 Charter School Capital, Inc. FUNDING - LCFF Concentration Grant FY ‘13 FY ‘14 Q Pupils - 5 50% of Rate $- $1,458 Revenue $- $7,290 K-3 Augmentation FY ‘13 FY ‘14 K-3 ADA 100 100 Rate $1071 $606 Revenue $107,100 $60,600 Total Revenue FY ‘13 FY ‘14 LCFF $- $137,850 Q: EL/F&RL/FY $683,280 $720,950
    14. 14. 14 Copyright © 2013 Charter School Capital, Inc. FUNDING Prop 30 - Effect of the EPA on GPE Calculation GPBG In-Lieu GPBG In-Lieu EPA
    15. 15. 15 Copyright © 2013 Charter School Capital, Inc. FUNDINGPercentofAnnualRevenuesReceivedEachMonth Fiscal Year 2013 - 2014
    16. 16. Copyright © 2013 Charter School Capital, Inc. 16 Copyright © 2013 Charter School Capital, Inc. Budget Impacts
    17. 17. 17 Copyright © 2013 Charter School Capital, Inc. • LCFF implementation $2.1B • Common Core funding and implementation $1.25B – $250M one time competitive grants (SBE) • Deferral Buy-down $4.25B • Additional education funding What are additional impacts? BUDGET IMPACTS
    18. 18. Copyright © 2013 Charter School Capital, Inc. Accountability
    19. 19. 19 Copyright © 2013 Charter School Capital, Inc. • Collaborative – What is it? How does it work? • Petition requirements – Due July 1, 2014 – Academic achievement goals for all students and each subgroup of students – Annual update by July 1 beginning in 2015 – Includes identification of specific actions to meet these goals using a SBE template • Consulting requirements – Consult with teachers, principals, other staff, parents, and students in the annual update CA Collaborative for Educational Excellence ACCOUNTABILITY
    20. 20. 20 Copyright © 2013 Charter School Capital, Inc. ACCOUNTABILITY • Revocation – SBE may revoke any charter if the school failed to improve pupil outcomes across state and local priorities • Interventions if a charter fails to improve outcomes – Chartering authority shall provide technical assistance to the school, using the rubric created by the SBE – SPI may assign, at the request of the chartering authority and approval of the State Board, the Collaborative to provide technical assistance CA Collaborative for Educational Excellence
    21. 21. 21 Copyright © 2013 Charter School Capital, Inc. ACCOUNTABILITY • Authorizer is required to consider revocation if the Collaborative has provided advice/assistance and has made either of following findings: – The charter school has failed/is unable to implement recommendations – Performance of the school is persistently or acutely inadequate • A charter school is not allowed to appeal a revocation under new law CA Collaborative for Educational Excellence
    22. 22. Copyright © 2013 Charter School Capital, Inc. What Can You Do?
    23. 23. 23 Copyright © 2013 Charter School Capital, Inc. WHAT CAN YOU DO? • We will continue to track the impact of LCFF • Get involved - SBE takes up the regulatory step for the accountability rules • Be careful - actual and projected rates are different • If you have questions…ask us – we‟re here to help! Plan
    24. 24. Copyright © 2013 Charter School Capital, Inc. Questions?
    25. 25. Copyright © 2013 Charter School Capital, Inc. 25 Copyright © 2013 Charter School Capital, Inc. Thank You.
    26. 26. 26 Copyright © 2013 Charter School Capital, Inc. 877-272-1001 John Helgeson jhelgeson@charterschoolcapital.org
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