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Legislative
Updates
Impacting CA
Charter Schools
January 21, 2014

Copyright © 2013 Charter School Capital, Inc.
WELCOME
Who we are
• Panelists
– Chas Cardall, Orrick, Herrington & Sutcliffe
– Branche Jones, Legislative Consultant
– Jo...
WELCOME
Agenda
• Overview – State of the state
• Budget overview and update for 2014
– Process/timeline review
– Approval ...
Overview and Update
Copyright © 2013 Charter School Capital, Inc.
STATE OF THE STATE
Overview and Update
•
•
•
•

Governor‟s proposed budget
Transitional kindergarten and universal pre-sch...
Budget
6
Copyright © 2013 Charter School Capital, Inc.
Copyright © 2013 Charter School Capital, Inc.
BUDGET
A Brief Overview - Local Control Funding Formula
• Phases of the plan
– Legislative
– Regulatory
– Build-up
– Full ...
BUDGET
Base Grant Progression
K-3 Actual

K-3 Proposed

Base Grant Fiscal „13 – „14

$5,831

-

Fiscal „14 – ‟15

$5,953

...
BUDGET
Target Base Rate
K-3

4-6

7-8

9-12

Previous Base

$6,845

$6,947

$7,154

$8,289

Proposed Base

$7,012

$7,117
...
Percent of Annual Revenues Received Each Month

BUDGET

Fiscal Year 2013 - 2014
10
Copyright © 2013 Charter School Capital...
BUDGET
Additional impacts?
• “Rainy Day Fund”
– Traditional
– Prop 98
• Deferral buy-down - $6.4B
• LCFF - $4.5B
• Common ...
Accountability
Copyright © 2013 Charter School Capital, Inc.
ACCOUNTABILITY

• API suspension
• AB 484
• SBE LCFF Regulations
– Download Local Control and Accountability Plan (LCAP) t...
Questions?

14
Copyright © 2013 Charter School Capital, Inc.
Thank you.

15
Copyright © 2013 Charter School Capital, Inc.
877-272-1001
Brian Rose
brose@charterschoolcapital.org

16
Copyright © 2013 Charter School Capital, Inc.
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California Legislative Update and Budget Discussion - Jan. 21, 2014

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The Charter School Capital team of panelists, including Chas Cardall, Orrick, Herrington & Sutcliffe, Branche Jones, Legislative Consultant and John Helgeson, Charter School Capital, share information about the recent Legislative Update and Budgeting impacts on California charter schools. Topics include Local Control Federal Funding (LCFF), Local Control and Accountability Plan (LCAP), SBE 837, Prop 98, and "rainy day funds," among others.

Published in: Education, News & Politics
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California Legislative Update and Budget Discussion - Jan. 21, 2014

  1. 1. Legislative Updates Impacting CA Charter Schools January 21, 2014 Copyright © 2013 Charter School Capital, Inc.
  2. 2. WELCOME Who we are • Panelists – Chas Cardall, Orrick, Herrington & Sutcliffe – Branche Jones, Legislative Consultant – John Helgeson, Charter School Capital 2 Copyright © 2013 Charter School Capital, Inc.
  3. 3. WELCOME Agenda • Overview – State of the state • Budget overview and update for 2014 – Process/timeline review – Approval and impacts • Accountability • Q&A 3 Copyright © 2013 Charter School Capital, Inc.
  4. 4. Overview and Update Copyright © 2013 Charter School Capital, Inc.
  5. 5. STATE OF THE STATE Overview and Update • • • • Governor‟s proposed budget Transitional kindergarten and universal pre-school Statewide initiatives Possible legislation 5 Copyright © 2013 Charter School Capital, Inc.
  6. 6. Budget 6 Copyright © 2013 Charter School Capital, Inc. Copyright © 2013 Charter School Capital, Inc.
  7. 7. BUDGET A Brief Overview - Local Control Funding Formula • Phases of the plan – Legislative – Regulatory – Build-up – Full implementation • • • • Base grant funding Supplemental grant - 20% of Base Grant (counts only once) Concentration grant Augmentation – Class size reduction for K-3 – Grades 9-12 7 Copyright © 2013 Charter School Capital, Inc.
  8. 8. BUDGET Base Grant Progression K-3 Actual K-3 Proposed Base Grant Fiscal „13 – „14 $5,831 - Fiscal „14 – ‟15 $5,953 $6,160 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 $7,012 8 Copyright © 2013 Charter School Capital, Inc.
  9. 9. BUDGET Target Base Rate K-3 4-6 7-8 9-12 Previous Base $6,845 $6,947 $7,154 $8,289 Proposed Base $7,012 $7,117 $7,328 $8,491 Previous $712 $215 Proposed $729 $221 9 Copyright © 2013 Charter School Capital, Inc.
  10. 10. Percent of Annual Revenues Received Each Month BUDGET Fiscal Year 2013 - 2014 10 Copyright © 2013 Charter School Capital, Inc.
  11. 11. BUDGET Additional impacts? • “Rainy Day Fund” – Traditional – Prop 98 • Deferral buy-down - $6.4B • LCFF - $4.5B • Common Core - $46.5M • Non classroom-based proposal • Sequester backfill 11 Copyright © 2013 Charter School Capital, Inc.
  12. 12. Accountability Copyright © 2013 Charter School Capital, Inc.
  13. 13. ACCOUNTABILITY • API suspension • AB 484 • SBE LCFF Regulations – Download Local Control and Accountability Plan (LCAP) template • Additional Regulations • SB 837 (Steinberg) – Requires that each school district or charter school offering kindergarten to also offer transitional kindergarten – Requires that any child who meets specified minimum age requirements be admitted to transitional kindergarten • California Attorney General – (view statewide ballot initiatives) • State Board of Education – (view state board regulations) 13 Copyright © 2013 Charter School Capital, Inc.
  14. 14. Questions? 14 Copyright © 2013 Charter School Capital, Inc.
  15. 15. Thank you. 15 Copyright © 2013 Charter School Capital, Inc.
  16. 16. 877-272-1001 Brian Rose brose@charterschoolcapital.org 16 Copyright © 2013 Charter School Capital, Inc.

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