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Presentation To Board-Budget Update Post-Legislature
 

Presentation To Board-Budget Update Post-Legislature

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Presentation to the Board of School Trustees providing an update on the budget, based on final action by the state Legislature.

Presentation to the Board of School Trustees providing an update on the budget, based on final action by the state Legislature.

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  • With no concessions and other cuts, and with nonew revenues or one-time capital transfers, expenditures would continue to outpace revenue growth
  • With no concessions and other cuts, and with nonew revenues or one-time capital transfers, expenditures would continue to outpace revenue growth

Presentation To Board-Budget Update Post-Legislature Presentation To Board-Budget Update Post-Legislature Presentation Transcript

  • 2012
    FY
    Budget
    Update
    June 7, 2011
  • Shortfall With No Cuts
    As of Final Budget Adoption
    billions
    Shortfall
    2
  • Shortfall With No Cuts
    After State Budget Adoption
    billions
    Shortfall
    3
  • What Has Changed ?
    State Distributive School Account (DSA) funding is $5,136 per student
    • $101 morethan currentlyappropriated by the legislature for the 2010-2011 school year
    • But $44lessthan originally appropriated by the legislature for the 2010-2011 school year
    Compared to the estimates used for the
    2011-2012 Final Budget, CCSD is estimated to receive $383 moreper student than includedin the Governor’s original budget
    4
  • Where did the Money Come from?
    Now included in DSA…
    • $111 million statewide from the 3% room tax initiative petition (IP1), of which CCSD will receiveapproximately $75 million
    • $20 million per year ($40 million over the biennium) from CCSD’s room tax and real property transfer tax revenues
    • Taxes that were scheduled to sunset on June 30, 2011, were extended for another two years
    5
  • What was Recommended?
    ($ millions)
    Consolidate school bell times $ 10.0
    Pass along ½ cost of PERS increase 14.5
    Administrative department budgets (cut 20%) 48.7
    School textbook/supply budgets (cut 50%) 24.8
    Spec. Ed. Facilitators, ELL Facilitators,ECSs, Literacy Spec. (cut 25%) 15.4
    Salary steps and ed. increments (freeze) 39.9
    Health ins.-employees assume part (20%) 38.7
    Furlough Days 73.4
    Staff counselors & sch. support staff at 97% 2.1
    Increase class size (by 3 students) 70.8
    To Be Determined 69.1
    Total $ 407.4
    1,834 positions cut
    6
  • What does it look like Now?
    Consolidate bell times
    ½ cost of PERS rate increase
    Admin. department budgets (20%)
    School textbooks & supplies
    Specialists & facilitators
    Salary steps & increments
    Additional Revenue
    Health insurance premiums
    Furlough days
    Counselor/school support staff @ 97%
    Increase class sizes
    TBD
    ($ millions)
    Note: Items in yellow require employee concessions.
    7
  • What is next?
    Present Amended Budget
    June 23rd Regular Board Meeting
    8