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.

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Presentation To Board-Budget Update Post-Legislature

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