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Board of Education Brief 2008/09 Budget Adoption June 20, 2008

SAN DIEGO UNIFIED SCHOOL DISTRICT. Board of Education Brief 2008/09 Budget Adoption June 20, 2008. Rev 6-19-08 *. Opening Remarks. Last Six Months…a Journey of Great Uncertainty…Tough Choices. Focus…Highlight Key Components Of 2008/09 Adopted Budget

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Board of Education Brief 2008/09 Budget Adoption June 20, 2008

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  1. SAN DIEGO UNIFIED SCHOOL DISTRICT Board of Education Brief2008/09 Budget AdoptionJune 20, 2008 Rev 6-19-08 *

  2. Opening Remarks Last Six Months…a Journey of Great Uncertainty…Tough Choices • Focus…Highlight Key Components Of 2008/09 Adopted Budget • Depicted In Detail In The First Ever User Friendly Budget Book • Seek Board Approval Of 2008/09 Budget…Must Adopt On/Before July 1 (Education Code 42127) • User-friendly Budget Provides The Specifics • Mission/Vision (Pages 19-21) • Budget Development Process/Calendar (Pages 10-15) • Planning Assumptions & Priorities (Pages 46-50) • Changes…Adds & Deletes (Pages 57-59) • General/Other Funds Spreadsheets (Pages 65-86) • School Profiles (Pages 89-281) • Program/Central Office Budgets (Pages 285-330)

  3. 2008/09 General Fund Resources Lack of COLA & Categorical Cuts Have Major Impact…Cannot Accommodate Rising Expenditures Such As Utilities, Benefits, Salaries, Etc. Without Cuts General Fund Total: $1.27 B

  4. 2008/09 General Fund BudgetBy Function State’s Standardized Accounting Code Structure *$20.5M Is School Budget Restoration

  5. 2008/09 Final Budget AdoptionUnrestricted Contributions & Transfers Out GRAND TOTAL 2007/08 $95.9M 2008/09 $102.2M

  6. Adopted Budget Comparison

  7. 2008/09 Adopted Budget Summary

  8. 2008/09 GENERAL FUND RESERVES Unrestricted

  9. Multi-Year Comparison ($Millions) 2008/09 Final Budget Adoption General Fund – Unrestricted *

  10. 2008/09 Budget Dialogue (Proposed) • July - Sept 08 Restore/Amend District Budget To Align With Final State Budget • Sept 08 Report 07/08 Unaudited Actuals • Dec 08 Title I Ranking Discussion/Decision • Dec 08 First Interim (08/09)/External Audit (07/08) • Jan 09 Gov Proposed 09/10 Budget Assessment • Jan 09 Begin Budget (09/10) Workshop/Priorities Review • Mar 09 Second Interim (08/09) • May 09 Budget (08/09) Development Update • May 09 Gov May Revise Budget (09/10) Review • June 09 Budget Adoption Continue The Transparent Conversation! Schedule Additional Budget Workshops as Necessary

  11. Closing Remarks Journey Ongoing…More Change Ahead • Completing 07/08 With Small Deficit Spending • Elevated Standards of Transparency With Inaugural User Friendly Budget…Will Build Upon! • Broadened Dialogue With The Board…6 Workshops • Well Positioned with Deficit Reduction Strategy To Implement or Adjust $53.1M Cut • Prepared To Accommodate Changes Triggered By The Final State Budget • Looking Down The Road…Refine Budgets To Reflect Superintendent/Board Vision & Smart Goals

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