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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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Transcript

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