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May 19 Board Worksession Final Budget
May 19 Board Worksession Final Budget
May 19 Board Worksession Final Budget
May 19 Board Worksession Final Budget
May 19 Board Worksession Final Budget
May 19 Board Worksession Final Budget
May 19 Board Worksession Final Budget
May 19 Board Worksession Final Budget
May 19 Board Worksession Final Budget
May 19 Board Worksession Final Budget
May 19 Board Worksession Final Budget
May 19 Board Worksession Final Budget
May 19 Board Worksession Final Budget
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May 19 Board Worksession Final Budget

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Presenting final budget for adoption by Board of School Trustees

Presenting final budget for adoption by Board of School Trustees

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  • 1. Adoption<br />2011<br />of the<br />FY<br />Final<br />Budget<br />May 19, 2010<br />Board Work Session<br />1<br />
  • 2. Budget Timeline<br />Adoption of Tentative 2011 Budget April 7<br />Tentative Budget Submitted To State April 15<br />Adoption of Final 2011 Budget May 19<br />Final Budget Submitted to State June 8<br />2<br />
  • 3. Tentative Budget Assumptions<br />As Adopted April 7, 2010<br />All elementary schools on a nine-month calendar<br />No changes in employee contract provisions<br />Class sizes in Grades 1-3 increased by 2 students<br />Textbook/supply budgets reduced<br />Student enrollment will decline slightly<br />Fund balance used to offset budget reductions<br />Administrative positions reduced by 10 percent<br />Federal Title I funding will be $6.9 million less<br />3<br />
  • 4. Updates Since Tentative Budget<br />The following changes occurred after adoption of the Tentative Budget on <br />April 7, 2010:<br />Confirmed that allElementary Schools will convert to nine-month calendars<br />Tentative agreements have been reached with the Teacher and Support Staff employee bargaining groups<br />4<br />
  • 5. Remaining Shortfall<br />After inclusion of savings from converting all Elementary Schools to nine-month calendars…<br />…a shortfallof $25 millionremainsand has been deducted<br />from salary accountsto balance the 2011 Final Budget.<br />5<br />
  • 6. Options for Dealing with Shortfall<br />Option 1:<br />Reach final agreement with the District’s 4 bargaining groups on needed changes in employee salaries and benefits.<br />Option 2:<br />Cut additional staff positions and/or reduce number of <br />paid days (within contract provisions).<br />A combination of these options might be necessary, depending upon final resolution of contracts with each of the District’s 4 bargaining groups.<br />6<br />
  • 7. Summary of Major Compensation Issues Included in the 2010-11 Final Budget<br />Eliminating positions<br />Reducing the work year<br />Salary adjustments<br />7<br />
  • 8. Reductions in Positions To Date &amp; Planned<br />*General Operating Fund Positions<br />8<br />
  • 9. Reduced Work Year Pay<br />Conversion of year-round schools to nine-month schedule<br /><ul><li>Teachers and Support Staff in year-round schools reduced to nine-month schedule
  • 10. Principal year-round stipend eliminated
  • 11. Add-on contracts for specialists in schools eliminated
  • 12. Year-round principals retain their 12-month pay on nine-month schedules</li></ul>9<br />
  • 13. Salary Adjustment by Employee Group<br />Teachers: (via tentative agreement for 2010-11)<br /><ul><li>Step raisesfrozen
  • 14. Education growth raises - funded</li></ul>Support Staff: (via tentative agreement for 2010-11)<br /><ul><li>Step raisesfrozen
  • 15. Benefit shift to cover PERS 0.5% at no additional cost</li></ul>10<br />
  • 16. Salary Adjustment by Employee Group<br />Administrative, Confidential Employees: (via tentative agreement for 2010-11)<br /><ul><li>5-day pay reduction via furlough days</li></ul>Administrative, CCASAPE represented: (No agreement for 2009-10 or 2010-11)<br /><ul><li>Step raisesfunded</li></ul>11<br />
  • 17. Salary Adjustment by Employee Group<br />School Police: (No agreement since 2007-08)<br /><ul><li>Step raises funded</li></ul>12<br />
  • 18. Budget Timeline<br />Adoption of Tentative 2011 Budget April 7<br />Tentative Budget Submitted To State April 15<br />Adoption of Final 2011 Budget May 19<br />Final Budget Submitted to State June 8<br />Additional revisions to the 2011 budget can be made as part of the Amended Final Budget, to be presented for adoption in December 2010. <br />Or, alternatively, an augmented budget with requisite changes could be made in the interim.<br />13<br />

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