Budget crisis update and call to action
This presentation is the property of its rightful owner.
Sponsored Links
1 / 33

Croce PTA Meeting 3/4/10 PowerPoint PPT Presentation


  • 145 Views
  • Uploaded on
  • Presentation posted in: General

Budget Crisis Update and Call to Action. Croce PTA Meeting 3/4/10. PTA Business State Update – Monica Baucke District Update – Mike Martinez and Susan Kinder School Update – Shari Johnston Call to Action – Monica Baucke. Agenda. Approval of Minutes – Francine Laronde

Download Presentation

Croce PTA Meeting 3/4/10

An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -

Presentation Transcript


Budget crisis update and call to action

Budget Crisis Update

and Call to Action

Croce PTA Meeting3/4/10


Agenda

PTA Business

State Update – Monica Baucke

District Update – Mike Martinez and Susan Kinder

School Update – Shari Johnston

Call to Action – Monica Baucke

Agenda


Pta official business

Approval of Minutes – Francine Laronde

Approval of Financials – Danielle Sands and Dawna Dougherty

PTA Official Business


How it rolls

How it Rolls


State cuts to education

Cuts

  • $66.9 Billion

    • 2009/10 cut $49.1 Billion

    • 2010/11 cut $17.8 Billion

      Time Machine

  • Funding same as in 2005/06

    Magic Tricks

  • Waiver to fund $600,000 Million less

  • Federal Stimulus Money

  • Support Obama Programs

State Cuts to Education


State cuts to education1

Cost of Living Adjustment (COLA)

  • Negatively fund at -.38%

    • $650,000 less for Livermore

      Average Daily Attendance (ADA)

  • Butts in Seats

  • One time cut promised

  • Ongoing cut of $201 per student

  • $4946 per student

    • Long Island funds at $22,000 per student

    • Competing for universities and jobs

State Cuts to Education


Race to the top

  • $4.35 Billion Federal Money

  • Prepare students for 21st Century Education

  • 40 States Applied

  • 3/4/10 announcement of 16 states who made first cut

  • CA is not among them

  • Reapply for second round in Summer

    • Tenure Reform

    • Pay for Performance

    • Have to prove that you can deliver what you propose

Race To The Top


Croce pta meeting 3 4 10

  • Mike Martinez Susan Kinder

Interim Superintendent Executive Director of Fiscal Services


2009 2010 budget reductions

2009-2010 Budget Reductions

  • Reduced

  • Discretionary spending $229K

  • Increased class size at all levels$1.9M 29.0FTE

  • Reduced Special Ed Aides $428K 9.0FTE

  • IT support $49K

  • Custodial/clerical subs $25K

  • Eliminated

  • Nurse position$84K 1.0FTE

  • Teacher on Special Assign.$94K 1.0FTE

  • Maintenance position$77K 1.0FTE

  • P.E. Specialists (4 and 5)$165K 2.5FTE

  • Instrumental music positions$500K 7.6FTE

  • Adaptive P.E. position$60K 1.0FTE

  • Contract out (Speech)$200K

  • TOTAL ONGOING COSTS$3.81M


2009 2010 budget reductions1

2009-2010 Budget Reductions

  • Five (5) furlough days$279K

  • (Negotiated with Mgmt, CSEA)

  • Categorical flexibility$1.66M

  • Savings from 2008-09 freeze$580K

  • Sweep categorical ending balance$1.75M

  • TOTAL ONE-TIME SAVINGS $4.27M

  • TOTAL ONGOING COSTS $3.81M

  • TOTAL CUTS AND SAVINGS $8.1M


Why cuts are necessary

WHY CUTS ARE NECESSARY

$9.7M


We are dependent on state revenues

WE ARE DEPENDENT ON STATE REVENUES

OTHER STATEREVENUE14.4%

STATEREVENUE LIMIT 64.1%

FEDERAL REVENUE8.5%

LOCALREVENUE13.0%

Approximately 80% of our revenue comes from the State – in 08/09 it was over 90%

Source: First Interim Budget presented on December 15, 2009


The big picture

The Big Picture


Federal stimulus provided temporary relief

  • We received $4.7 million in 2008/09 which helped postpone cuts

    • One time dollars now gone

  • In 2009/10 we received funds for:

    • Special Education ~$2.5 million

    • Title 1 students~$700k

    • Again these are one time and once they are spent will not come again

FEDERAL STIMULUS PROVIDED TEMPORARY RELIEF


Cash flow apportionment schedule

CASH FLOWApportionment Schedule

= 100%

= 100%

February is deferred to July 2010

July is deferred to December

April is deferred to August 2010

August is deferred to October

November is deferred to January

=82% in 2009/10


Cash flow realities

  • Monthly payroll = ~ $8 million per month

  • Deferrals and reduced revenue may cause the need to borrow cash

  • Tax Revenue Anticipation Note (TRANs)

    • Additional expense for District

      • Issuance cost

      • Interest cost

CASH FLOW REALITIES


Cash flow realities1

  • Monthly payroll = ~ $8 million per month

  • Deferrals and reduced revenue may cause the need to borrow cash

  • Tax Revenue Anticipation Note (TRANs)

    • Additional expense for District

      • Issuance cost

      • Interest cost

CASH FLOW REALITIES


Savings approved or in progress

Savings Approved or in Progress


Other reductions

Other Reductions


Other reductions1

Other Reductions


Other reductions2

Other Reductions


Other reductions3

Other Reductions


Questions

Questions


Shari johnston

Leo R. Croce Principal

Shari Johnston


What does all this mean for croce

  • Operating budget funded at 20%

    • Office supplies

    • Maintenance of office equipment

    • Discretionary funding for staff

    • Repair/replace computers, monitors, scantrons, printer cartridges, laminating, etc.

    • Backfill supply/workbook/planner purchases for families who cannot donate

  • Possible cuts to staff

    • Dependent upon how many FTE granted

  • Possible cut to library hours

  • Possible creating of ISS support base

  • What does All this mean for croce?


    What does this mean for croce

    Possible combination classes for grades 4/5

    Class sizes increased in K-3 to 24:1

    No 5th grade music

    What Does this Mean for Croce?


    Questions1

    Questions


    Monica baucke

    PTA President

    Monica Baucke


    What can we do

    Today is a state-wide Call to Action to Defend Public Education!

    • Join PTA and RAISE YOUR VOICE!

    • Support PTA through volunteerism

      • Still looking for a PTA President

    • Sign the Local Control of Classrooms Funding Act—Million Member Support

      • 55% majority to pass parcel tax

    What can we do?


    What can we do1

    • Send letter to the Governor, Senate and Assembly

    • Donate to LVEF

      • Adopt a Child ($360 or $180)

      • Straight A’s (Academics, Athletics, Arts)

    • Register your Safeway Club Card

      • Neighbors, Relatives, Friends

    • Join BigTent

    • Expect a request for funding for school support

    What Can we do?


    Questions2

    Questions


  • Login