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2008-09 Governor’s Budget Proposal. The Financial Impact to the Oakland Unified School District. January 30, 2008. Agenda. Governor’s 2008-09 Budget Proposal Impact on 2007-08 Budget Implications for 2008-09 Budget Development Effect on state categorical funding in 2008-09

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2008-09 Governor’s Budget Proposal


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    1. 2008-09 Governor’s Budget Proposal The Financial Impact to the Oakland Unified School District January 30, 2008

    2. Agenda • Governor’s 2008-09 Budget Proposal • Impact on 2007-08 Budget • Implications for 2008-09 Budget Development • Effect on state categorical funding in 2008-09 • Other program impact and flexibilities

    3. Governor’s 2007-08 Proposition 98 Minimum Guarantee Reduction • Proposition 98 is the basis by which all California school districts receive their unrestricted, General Purpose dollars. • Reduced state tax revenues forecast allows 2007-08 Proposition 98 guarantee to be reduced by $1.4 billion • Governor proposes to cut only $400 million; anticipates that amount can come from 2007-08 categorical ending fund balances.

    4. Governor’s 2007-08 Proposition 98 Minimum Guarantee Reduction (Cont.) • As a safe guard all districts are currently required to plan for a current year revenue limit decrease of .5 of 1%. • The effect on OUSD’s 2007-08 revenue limit will be a reduction amount of $1.067 million. • Based on the current proposal, all unexpended OUSD 2007-08 state categorical funds will be confiscated by the state Department of Finance.

    5. Governor’s Proposed 2008-09 Suspension of Proposition 98 • Reduces K-12 education revenue by $4 billion. The budgeted 2008-09 4.94% COLA Revenue Limit increase becomes a (2.40%) Revenue Limit deficit. • For OUSD in 2008-09 this means a total reduction in unrestricted, General Purpose dollars of $15.66M. $6,037 per ADA 4.94% Inflation Increase

    6. Governor’s 2008-09 Budget Proposal: Categorical Programs • On average, every state categorical programs will be reduced by 6.5%. • For OUSD in 2008-09 this means total state categorical funds will be reduced from $103.4M to $96.6M. A total approximate reduction of $6.7 million.

    7. Governor’s 2008-09 Budget Proposal: Other Programs • Cuts to state Special Education funding will have a dramatic effect on the District’s current $15M encroachment. • Because of OUSD’s SELPA designation a special analysis will have to be completed. District is working with ACOE to determine the potential financial impact. • Adult Education is projected to have a net (3.46%) reduction from 2007-08 base funding. • Regional Occupation Program is projected to have a net (5.41%) reduction from 2007-08 base funding.

    8. Governor’s 2008-09 Budget Proposal: Other Programs (cont.) • Child Development programs should anticipate getting less in 2008-09 than received in 2007-08. Specific impact on OUSD has not been determined because of uncertainty in state program reductions. • Child Nutrition programs will have state meal reimbursements reduced by 2 cents per meal. • Instructional Materials will be reduced by 6.5% from the 2007-08 budget. This will have a major impact on textbook adoption purchases.

    9. Governor’s 2008-09 Budget Proposal: Facilities and Cash Flow • A new state facility bond is proposed to be on the November 2008 ballot (AB100 sponsored by Mullin). In the bond $9.087B, which earmarks $6.4B for K-12 facilities. • Currently the June ADA apportionment is paid in July. The Governor proposes to move the July payment to September. The District is exploring opportunity to obtain a July 1st Tax & Revenue Anticipation Note (TRAN).

    10. Governor’s 2008-09 Budget Proposal: Categorical and Program Flexibilities • Budget proposal includes adding additional categorical transfer flexibility for Mega-Item programs (minimal impact), federal dollars (up to 30% transfer to/from Title 2, Safe & Drug Free Schools, and Enhancing Education Technology), and AB825 programs; • The Governor has proposed taking action to delay timelines for textbook adoption. For OUSD this means delaying math and English textbook ordering.

    11. Governor’s 2008-09 Budget Proposal: Revised Multi-Year Budget Projections Data below accounts for all known, proposed changes to date. See following slide for reserve designations.

    12. Governor’s 2008-09 Budget Proposal: Revised Multi-Year Budget Projections Please note that the 2nd Interim financial report is scheduled to be presented at the March 12th Board meeting. This will be the most up-to-date, official District financial report.