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Valley schools task force budget update. January 29, 2014. First Interim Projection was $353M. The projected deficit for FY 2014-15 was due to the following: Loss of one -time funding for on-going investment priorities Declining student enrollment,

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Presentation Transcript
first interim projection was 353m
First Interim Projection was $353M

The projected deficit for FY 2014-15 was due to the following:

  • Loss of one-time funding for on-going investment priorities
  • Declining student enrollment,
  • Cost of labor increases (step & column raises)
  • Employee and Retiree health care cost increases, and
  • Other inflationary increases in the cost of operating

Note: Does not include Governor’s Budget

governor s proposed budget
Governor’s Proposed Budget
  • The Governor’s Fiscal Year 2014-2015 budget proposal was released on January 16th; the proposed budget eliminates $6 Billion of the “Wall of Debt” and adds $4.5 Billion to the Local Control Funding Formula
  • “Wall of Debt” payment is one-time funding the state owes schools for not fully paying their obligations in prior years. We are asking the Governor to prioritize more funding for the LCFF over immediate repayment of all debts.
state board of education proportionality requirement
State Board of Education: Proportionality Requirement
  • Requires districts to demonstrate an increase in services or expenditures, at least as large as the proportion of supplemental and concentration funding generated by unduplicated students.
  • SBE regulations provide a formula for determining how much must be expended on behalf of, or on services for, unduplicated students.
what have we protected invested in
What Have We Protected & Invested In?
  • Restoration of full instructional calendar in 2013-14; no furlough days
  • LAUSD is one of the last districts in the state to retain 24:1 Kindergarten-3rd grade class sizes ($143 Million)
    • LAUSD is one of the few districts in the state to offer an Adult Education program. Most districts eliminated Adult Education when funding was made fully flexible and took a 20% cut in FY 2008-09. Additionally, districts no longer receive attendance-based revenue or COLA. ($66 Million)

The Best Economic Stimulus is a Diploma.

lcff how the state funds districts
LCFF – How the State funds Districts

The District receives a Base Grant for every student.

The District receives a Supplemental Grant for every high-needs student*.

The District receives a Concentration Grant for every high-needs student* over 55% total enrollment.

Concentration Grant

Supplemental Grant

Supplemental Grant

Add on

Add on

Add on

Base Grant

Base Grant

Base Grant

  • High-needs student defined as Foster Youth, English Learners, and those who qualify for the Free and Reduced Lunch Program
  • Add-on includes K-3 Class Size Reduction, 9-12 Vocational/Technical Education, Targeted Instruction Improvement Grant, and Home-to-School Transportation
it will take 17b to fully fund lcff
It will take $17B to fully fund LCFF

CALIFORNIA K-12 EXPENDITURES (PROJECTED)

Chart assumes steady increase in funding; actual funding depends on state appropriations and will vary from year to year.