State Budget Impacts on CA Charter Schools

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Overview
Budget process and impacts
Charter School Capital hosts a webinar focusing on the State Budget Impacts on CA Charter Schools. Topics discussed include funding - Local Control Federal Funding (LCFF), cash flow, accountability, and taking a look ahead.

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  • 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 OVERVIEWBRANCHE – SB740 and revolving loan program shifting to CSFA
  • Branche (JH may add color to this slide)
  • BRANCHE (JH adding color)
  • BRANCHE (JH as needed)
  • JOHN
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  • 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
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  • IF THERE ARE ANY QUESTIONS PLEASE SUBMIT THEM VIA THE WEBINAR DASHBOARD.
  • State Budget Impacts on CA Charter Schools

    1. 1. Copyright © 2013 Charter School Capital, Inc. Budget Impacts on CA Charter Schools August 13, 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 • Budget process and impacts – Funding - Local Control Federal Funding (LCFF) – Cash flow – Accountability • Looking ahead Agenda
    4. 4. Copyright © 2013 Charter School Capital, Inc. Overview
    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 Overview
    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 oRole of Prop 30 oWhat did people get? – Collective: Accountability – Cap charter school funding – Why the Governor believes so strongly? 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 – Capped at % of your district, not necessarily your authorizer Overview – 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 Rate Card K-3 4-6 7-8 9-12 Base F’13 $5,109 $5,187 $5,346 $6,188 Base F’14 $5,109 $5,187 $5,346 $6,188 Target Base $6,845 $6,947 $7,154 $8,289
    11. 11. 11 Copyright © 2013 Charter School Capital, Inc. FUNDING - LCFF LY TY Future ADA 100 100 100 K-3 100 100 100 School Q# 60 60 60 District % 60% 60% 60% CG Qual: 5 5 5 K-3 Base $5,109 $5,109 $6,845 Revenue $510,900 $510,900 $684,500 Supplemental Grant / CG LY TY Future Q Pupils 80 60 60 20% of Rate $816 $1,022 $1369 Revenue $65,280 $61,308 $82,140
    12. 12. 12 Copyright © 2013 Charter School Capital, Inc. FUNDING - LCFF Concentration Grant LY TY Future Q Pupils - 5 5 50% of Rate $- $2,555 $3,423 Revenue $- $12,773 $17,113 K-3 Augmentation LY TY Future K-3 ADA 100 100 100 Rate $1071 $531.34 $711.88 Revenue $107,100 $53,134 $71,188 Total Revenue LY TY Future Q: EL/F&RL/FY $683,280 $638,114 $854,941
    13. 13. 13 Copyright © 2013 Charter School Capital, Inc. FUNDING Prop 30 - Effect of the EPA on GPE Calculation GPBG In-Lieu GPBG In-Lieu EPA
    14. 14. 14 Copyright © 2013 Charter School Capital, Inc. FUNDING 0.00% 5.00% 10.00% 15.00% 20.00% 25.00% PercentofAnnualRevenuesReceivedEachMonth Fiscal Year 2013 - 2014 Base Line 2012-13 2013-14
    15. 15. Copyright © 2013 Charter School Capital, Inc. 15 Copyright © 2013 Charter School Capital, Inc. Budget Impacts
    16. 16. 16 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 • Proposition 39 implementation Energy Efficiency $381M – Details not yet known What are additional impacts? BUDGET IMPACTS
    17. 17. Copyright © 2013 Charter School Capital, Inc. Accountability
    18. 18. 18 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
    19. 19. 19 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
    20. 20. 20 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
    21. 21. Copyright © 2013 Charter School Capital, Inc. What Can You Do?
    22. 22. 22 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 – The Administration wants to run legislation to address it this year • Be careful - actual and projected rates are different • If you have questions…ask us – we’re here to help Plan
    23. 23. Copyright © 2013 Charter School Capital, Inc. Questions?
    24. 24. Copyright © 2013 Charter School Capital, Inc. 24 Copyright © 2013 Charter School Capital, Inc. Thank You.
    25. 25. 25 Copyright © 2013 Charter School Capital, Inc. 877-272-1001 John Helgeson jhelgeson@charterschoolcapital.org

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