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Proposed Budget Presentation

Proposed Budget Presentation. September 11, 2012. Presentation Summary. Budget Book Strategic Directions Expenditure Matrix Fiscal Analysis Outstanding Issues Questions. Budget Book - What’s New. New Planning Process Strategic Direction, Page 4 Expenditure Matrix, Page 5

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Proposed Budget Presentation

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  1. Proposed Budget Presentation September 11, 2012

  2. Presentation Summary • Budget Book • Strategic Directions Expenditure Matrix • Fiscal Analysis • Outstanding Issues • Questions

  3. Budget Book - What’s New • New Planning Process • Strategic Direction, Page 4 • Expenditure Matrix, Page 5 • Employee Position Schedule and Graphics, Pages 13-14 • General Fund Expenditures by Fund Type, Page 22 • Site Budget Planning and Provisions, Pages 27-34

  4. Budget BookSection Descriptions and Purpose • Introduction, Pages 1-3 • Budget Narrative, Section 1 • Strategic Directions • District Strategic Direction Expenditure Matrix • Fiscal Analysis • FTES • Ending Balances • Revenues/Expenditures • FT Faculty Obligation • Outstanding Issues

  5. Budget BookSection Descriptions and Purpose • GF Summary, Section 2 • Ongoing Revenue and Expenses, Section 3 • GF Revenue Detail, Section 4 • Site Expenditures and Processes, Section 5 • Current-Year Grant Detail, Section 6 • Ending Balances and Carryovers, Section 7 • GF Comparison With Prior Years, Section 8

  6. Budget BookSection Descriptions and Purpose • Other District Funds, Section 9 • Auxiliary Funds, Section 10 • Hospitality Expense, Section 11 • Annual Financial and Budget Report, Section 12

  7. Strategic PlanExpenditure Matrix • Methodology • New Expenses • New and Existing Expenses

  8. Strategic Directions Expenditure Matrix

  9. Fiscal AnalysisOn-Going Unrestricted Revenue Summary Apportionment $ 135,749,566 Lottery 3,993,416 FT Faculty Comp 999,227 Non-Resident Tuition 1,000,000 Other 815,735 Total $ 142,557,944

  10. Fiscal AnalysisOn-Going Unrestricted Expenditure Summary Personnel $ 110,709,115 Retiree Benefits 5,433,750 Extended Day 19,610,989 Operating Allocations 14,925,288 Districtwide Expenses 5,942,519 Other 566,200 Total $ 157,187,861

  11. Fiscal AnalysisRevenue Versus Expenditure Comparison On-Going Revenues $ 142,557,944 On-Going Expenses 157,187,861 Structural Deficit ($ 14,629,917)

  12. Fiscal Analysis

  13. Outstanding Issues • Proposition 30 Fails • FTES Reductions • Summer School • Salary and Benefits Impacts • Lay-offs • Salary Reductions • Furloughs • 10-Month Contracts • Increase in Loads • Benefit Caps • Two-Tiered Retiree Benefit System

  14. Outstanding Issues • State Revenue Shortfalls • Tax Increase Revenue • Redevelopment Increase • PERS/STRS Rates Increases • Pension Reform and Healthcare Matters

  15. QUESTIONS?

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