- El Monte City School District

Transcription

El Monte City School District
2015-16 Adopted Budget
Presentation
June 29, 2015
Agenda
• Overview Governor’s May Revision
State Budget
• 2015-16 Adopted Budget
• Multi-Year Projections
• Next Steps
June 29, 2015
2
Board of Education
District Administration
Roberto Cruz,
President
Dr. Maribel Garcia,
Superintendent
Cathi Eredia,
Vice President
Kris Olafsson,
Deputy Supt, Business Services
Elizabeth Rivas,
Clerk
Jessica Ancona,
Member
Mike Raymond,
Assistant Supt, Personnel
Cynthia Traino,
Assistant Supt, Education
Services
Suwen Su,
Director, Fiscal Services
Jennifer Cobian,
Member
June 29, 2015
3
District Commitment
June 29, 2015
4
What Law and Experts Say
June 29, 2015
5
Accountability for LCFF Expenditures
Increases
•
It is clear that the law requires the expenditure of supplemental and concentration grant
funds to result in increased and improved services for the students who generate the
money
•
But the competing demands for the additional funds can lead to inconsistent
interpretations and applications of the law
•
As accountability increases, these varying interpretations are likely to be tested in court
– especially if student performance lags
•
Districts can avoid expensive litigation by simply following the law and ensuring students
get more services
– We see the emphasis shifting from dollars to services for students
– Our recommendations on accountability for dollars are likely to shift toward more
emphasis on services for students
Courtesy: School Services of Calif.
June 29, 2015
6
2015-16 Governor’s Budget
Funding Level Higher
June 29, 2015
7
2015-16 Governor’s Budget
Funding Level Higher
June 29, 2015
8
2015-16 Governor’s Major Spending Proposal
June 29, 2015
9
2015-16 Governor’s Major Spending Proposal
Tracking Funding for LCFF
June 29, 2015
10
Enrollment and Average Daily Attendance
Projections
Enrollment
ADA
9,400
8,132
7,800
8,285
8,000
8,313
8,469
8,200
8,570
8,400
8,731
8,865
9,031
8,600
9,181
9,109
8,800
9,303
9,000
9,275
9,200
7,600
7,400
12-13
13-14
14-15
15-16
16-17
17-18
2014-15 ADA: 98.16% of Enrollment as compared to 98.98% in 2013-14
2013-14 had enrollment growth for the first time since 2001-02. Drastic decline this fiscal year and
projected continued decline for subsequent years; resulting in projected loss in revenue of $2.9 million in
2015-16 and another $2.29 million in 2016-17.
June 29, 2015
11
Loss of Average Daily Attendance
in 2014-15
P2 Average Daily Attendance (ADA)
2013-14
Actual
3,913.03
2,955.63
2,069.44
8,938.10
K-3
Grade 4-6
Grade 7-8
Regular Ed K-8 Total
Opportunity Schools
Home/Hospital
Special Education - Master Plan
Special Education - NPS/LCI
Special Ed/OP/HH/OS Total
ADA Total
CBEDs Enrollment Count
ADA to Enrollment
June 29, 2015
Change from Prior
2014-15 P2
Year +(-)
Actual
Actual
3,765.98
-147.05
2,854.27
-101.36
2,009.28
-60.16
8,629.53
-308.57
23.70
5.39
202.51
10.91
242.51
18.87
3.14
202.85
10.76
235.62
-4.83
-2.25
0.34
-0.15
-6.89
9,180.61
9,275
98.98%
8,865.15
9,031
98.16%
-315.46
-244
12
Loss of Average Daily Attendance
Impact of Declining Enrollment
Loss in ADA
Actual ADA Loss in Funding Year
Subsequent year 1
Subsequent year 2
Subsequent year 3
LCFF Per ADA
Loss in LCFF Funding
Declining enrollment continues for
EMCSD and can offset all LCFF gains and
more.
2014-15
-315
2015-16
-217
2016-17
-279
2017-18
-181
0
-315
0
-315
-315
-217
-532
-315
-217
-279
-811
$7,753
$0
$9,205
-$2,899,639
$9,754
-$5,189,052
$10,188
-$8,262,443
Total Loss in 3 Years: -$16,351,133
June 29, 2015
13
“The employer’s share of California Public Employees’ Retirement System
(CalPERS) and California State Teachers’ Retirement System (CalSTRS) cost
increases consumes 25% of all new dollars” from School Services of Calif.
June 29, 2015
14
CalSTRS/CalPers Rate Increase for EMCSD
• Estimated STRS Contribution:
– $3.8 million 2014-15
– $4.4 million 2015-16 (+19%)
– $5.2 million 2016-17 (+35%)
– $6.1 million 2017-18 (+46%)
• Estimated PERS Contribution:
– $2.1 million 2014-15
– $2.2 million 2015-16 (+0.6%)
– $2.4 million 2016-17 (+10%)
– $3.0 million 2017-18 (+38%)
June 29, 2015
15
Budget Assumptions
• LCFF Funding Revenue changes
– 2014-15 GAP rate from 29.15% to 29.97%, COLA 0.85%
• Average increase is 14.13%, or $1,088 per average
daily attendance (ADA)
– 2017-18 GAP rate 36.70%, COLA 2.48%
• Increased costs for STRS/PERS for next three years total $5.8
million from 2014-15 level: $0.7 million for 2015-16, $1.8
million for 2016-17, and $3.3 million for 2017-18.
June 29, 2015
16
CSR Implementation Target
•
•
•
•
LCFF Requirement is max. 24:1 by 2020-2021
EMCSD goal is 24:1 all K-3 Grade Levels by 2016-17
Set aside adequate LCFF to fund K-3 CSR
Implement by Grade
- Grade K
- Grade 1&2
- Grade 3
2014-15
2015-16
2016-17
June 29, 2015
17
Multi-Year Budget Assumptions
FACTORS
Statutory & Special Ed COLA
GAP Funding
CPI
Utilities (Increase from PY)
Enrollment Projection at P2
Growth/Decline<>
ADA Projection (P2)
Unduplicated Pupil Count
%(LI,EL,FY)
Funded ADA (Incl. County CDS)
Step & Column
Certificated
Classified
2014-15
0.85%
29.97%
1.80%
11.00%
9,031
-244
8,865.14
92.25%
2015-2016
1.02%
53.08%
2.10%
3.00%
8,731
-300
8,570.36
92.25%
2016-17
1.60%
37.40%
2.50%
3.00%
8,469
-262
8,313.18
2017-18
2.48%
36.70%
2.90%
3.00%
8,285
-184
8,132.57
92.25%
92.25%
9,180.67
8,866.25
8,571.46
8,314.28
1.50%
1.00%
1.50%
1.00%
1.50%
1.00%
1.50%
1.00%
June 29, 2015
18
Multi-Year Budget Assumptions Cont.
FACTORS
2014-15
2015-2016
2016-17
2017-18
STRS Employer Rate
8.88%
10.73%
12.58%
14.43%
PERS Employer Rate
11.771%
11.847%
13.05%
16.60%
H&W
$8,350 cap
LCFF per ADA
Supplemental/Concentration Funding
$7,752.82
$8,350 cap
$9,205.20
$8,350 cap
$9,753.86
$8,350 cap
$10,187.97
$9,535,025 $17,718,357 $20,219,937 $21,728,030
Lottery
Unrestricted ($128/ADA)
Restricted ($34/ADA)
$1,157,166
$1,145,576
$1,111,199
$1,087,057
$314,749
$304,294
$295,162
$288,750
Mandated Block Grant ($28/ADA)
$256,884
$248,224
$239,978
$232,777
Mandated Cost Backlog Reimb
($67/ADA)
$613,488
$0
$0
$0
Deferred Maint Contribution to Fd 14.0
$378,879
$757,758
$378,879
$378,879
Site allocations for instr supplies/repro
$144,752
June 29, 2015
$173,765
$163,128
$163,128
19
Proposed New Positions in LCAP &
Budget Changes for 2015-16
BUDGET ADJUSTMENTS
Certificated Positions
Attrition Savings
CSR Implementation Grades 1 & 2
Certificated positions (Arts)
Summer School
Opportunity/Alt Ed/Independent Studies
Certificated Support positions
Student Support and Parent Support
Total Certificated Budget Adjustments
FTE
-$765,000
2015-16
Restricted
$0
$675,000
$558,996
$248,400
$370,061
$93,166
$179,095
$2,124,718
2015-16
Total
-$765,000
$675,000
$558,996
$248,400
$370,061
$93,166
$179,095
$1,359,718
BUDGET ADJUSTMENTS
Classified Positions
Classified Support positions at District
Classified Support positions at Sites
Noon Supervisors qualifies for SC funding
District Operations
Misc Subs and Extra Duty Assignments
Total Classified Budget Adjustments
FTE
35
2015-16
Unrestricted
$0
$0
-$306,128
$108,276
$110,988
$13,309
-$73,555
2015-16
Restricted
$99,679
$942,210
$415,484
$0
$0
$0
$1,457,373
Total
$99,679
$942,210
$109,356
$108,276
$110,988
$13,309
$1,383,818
GRAND TOTAL
49
-$838,555
$3,582,091
$2,743,536
-9
9
6
5
1
2
14
2
28
2
3
June 29, 2015
2015-16
Unrestricted
-$765,000
20
Proposed New Positions in LCAP & Budget
Changes for 2016-17
BUDGET ADJUSTMENTS
Attrition Savings
CSR Implementation Grade 3
Summer School
Certificated Support positions
Special Education
Student Support and Parent Support
FTE
BUDGET ADJUSTMENTS
Classified Support positions at Sites
Noon Supervisors qualifies for SC funding
District Operations
FTE
8
GRAND TOTAL
14
-9
1
4
2016-17
Unrestricted
-$765,000
$75,000
$473,283
$173,917
$282,293
$257,092
$285,006
-$50,514
$1,496,077
2016-17
Total
-$765,000
$75,000
$473,283
$173,917
$282,293
$257,092
$285,006
-$50,514
$731,077
$0
2016-17
Restricted
$102,669
$177,337
$103,000
$0
-$10,072
$372,934
2016-17
Total
$102,669
$177,337
$103,000
$0
-$10,072
$372,934
-$765,000
$1,869,011
$1,104,011
3
4
4
7
-$765,000
2016-17
Unrestricted
2
6
June 29, 2015
2016-17
Restricted
21
Proposed New Positions in LCAP
& Budget Changes for 2017-18
BUDGET ADJUSTMENTS
FTE
Attrition Savings
-6
4
2017-18
2017-18
2017-18
Unrestricted
Restricted
Total
-$510,000
$412,912
$412,912
$11,686
$11,686
$113,753
$113,753
-$510,000
$538,351
$28,351
2017-18
2017-18
2017-18
Unrestricted
Restricted
Total
$0
$108,745
$108,745
Summer School
BUDGET ADJUSTMENTS
-2
FTE
-$510,000
0
$0
$108,745
$108,745
GRAND TOTAL
-2
-$510,000
$647,096
$137,096
June 29, 2015
22
Three Year Budget Forecast
Combined General Fund
2014-15
Est. Actuals
Revenue
$91,437,258
2015-16
2016-17
2017-18
Adopted
Projection
Projection
Budget
$99,239,312 $100,881,389 $102,006,014
92,172,971
96,850,107
99,042,536
101,705,114
Net Operating
-735,713
2,389,205
1,838,853
300,900
Other Sources/Uses
-821,575
-1,727,638
-1,602,580
-1,219,930
Net Fund Balance/Change
-1,557,288
661,567
236,273
-919,030
Beginning Balance 7/1
10,933,515
9,376,227
10,037,794
10,274,067
Ending Balance 6/30
$9,376,227
$10,037,794 $10,274,067
$9,355,037
Expenditures
June 29, 2015
23
Projected Ending Fund Balance
2014-15 Est.
Actuals
2015-16
Adopted Budget
$235,444
$235,444
$235,444
$235,444
816,653
568,657
514,817
484,757
2,435,407
1,925,056
1,973,717
1,881,859
356,000
356,000
356,000
356,000
2,400,000
2,400,000
2,400,000
2,400,000
0
0
291,392
844,407
$6,243,504
$5,485,157
$5,771,370
$6,202,467
Amount Needed to meet AB 1200 3%
Reserve
2,789,836
2,957,333
3,019,354
3,087,752
Amount Above (Below) AB 1200 3%
Reserve
$342,887
$1,595,304
$1,483,343
$64,818
Fund Balance Components
Revolving Cash/Stores/Prepaid Expense
Restricted Funds – Categoricals
Special Programs ( MAA, E-Rate, IMFRP,
Mandated Cost)
ACA H&W & Sick Leave
Fiber Optic in every classroom &
External Cameras
Temp Tax Expiration ($34/ADA 16-17,
$68/ADA 17-18)
Designated for Economic Uncertainties
June 29, 2015
2016-17
Projection
2017-18
Projection
24
Combined General Fund Revenues
*Education Protection Account (EPA) funding
from temporary tax increases: 0.25% in State
sales taxes to sunset in 2016, and income taxes
from high income earners to sunset in 2018.
District needs to plan and anticipate funding
changes once funding goes away.
$70.0
$62.8
$62.3
$60.5
$61.8
(in million)
$60.0
$50.0
$40.0
$30.0
$21.7
$20.2
$20.0
$17.7
$10.3
$9.5
$10.0
$7.7
$7.8
$6.6
$6.8
$5.7
$4.0
$0.0
State Aid LCFF
Suppl/Concen.
Property Tax
2014-15
EPA*
2015-16
2016-17
Federal
2017-18
Other State
Local
June 29, 2015
25
Salaries and Benefits
$84.0
$82.1
$82.0
$79.5
$80.0
$78.0
$76.2
$76.0
$74.0
$72.0
$71.4
$70.0
$68.0
$66.0
2014-15
2015-16
2016-17
2017-18
(in million)
June 29, 2015
26
Combined General Fund
Expenditures – 2015-16
$98.6
million
Capital Outlay,
$0.2 , 0%
Operating
Expenses/Serv.
$13.1, 13%
Oth Outgo &
Transfers Out, $1.8
, 2%
Salaries & Benefits,
$76.1 , 77%
Books & Supplies,
$7.3 , 8%
(In million)
June 29, 2015
27
Projected Ending Fund Balances
for Other Funds
Fund
Fund 12 - Child Development
2014-15
Estimated
Actuals
2015-16
Adopted
Budget
Change
$2,900
$2,929
$29
Fund 13 - Nutrition Services
$858,964
$864,339
$5,375
Fund 14 - Deferred Maintenance
$453,376
$309,696
-$143,680
Fund 20 - Postemployment
$1,546,840
$1,557,143
$10,303
Fund 21 - Building
$1,997,899
$9,760,899
$7,763,000
$355,014
$384,014
$29,000
$3,380,079
$773,434
$2,606,645
$0
$0
$0
Fund 25 - Capital Facilities
Fund 40 – Special Reserves for
Capital Outlay Projects
Fund 56 - Debt Services
June 29, 2015
28
Next Steps
• July School Services of California Finance &
Management Conference
• August 2015 Board Meeting
- 45-Day Budget Revision (optional)
• Impact of Declining Enrollments
June 29, 2015
29
Questions
June 29, 2015
30

- El Monte City School District

Transcription

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