1 / 11

Conejo Valley Unified School District

Conejo Valley Unified School District. Budget Update District Advisory Committee April 12, 2011. 2010-11 CVUSD UGF (2 nd Interim). Estimated Recurring Deficit $(2,100,000) Estimated Ending Balance $ 18,546,000 Detail Follows. 2010-11 2 nd Interim. Estimated Ending Balance $18,546,000

miyoko
Télécharger la présentation

Conejo Valley Unified School District

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. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Conejo Valley Unified School District Budget Update District Advisory Committee April 12, 2011

  2. 2010-11 CVUSD UGF (2nd Interim) • Estimated Recurring Deficit $(2,100,000) • Estimated Ending Balance $ 18,546,000 • Detail Follows

  3. 2010-11 2nd Interim Estimated Ending Balance $18,546,000 3% Reserve $ 4,954,000 Stores/Rev. Cash $ 213,000 Program Carryover/Sup Hours $ 183,000 Audit/Mental Health Reserve $ 600,000 2010-11 BRL Restoration (Oct.) $ 5,400,000 Fed. Jobs Fund-Bal after 5 Days $ 1,482,000 • Originally $4 million (Oct.) 11-12 Budget Dev. $ 4,514,000 • 9-10 Ending Balance $2.9 (Sept.) • Man.Costs/10% Stimulus $1.5 (March) 10-11 End Balance Fallout $ 1,200,000

  4. 2011-12 CVUSD UGFEstimated Adopted Budget Deficit • Estimated Recurring Deficit $(4,400,000) • 10-11 1st Interim $2.1 million • Net Step/Column $1.2 million • Health Benefits $0.5 million • Decline. Enroll. $0.3 million • Misc. $0.3 million • Estimated Ending Balance $12,600,000 • Excludes 3% Reserve/Carryovers

  5. 2011-12 State Education Budget ScenariosCVUSD Impact • Election Passes • $0.4 million loss ($19 per ADA) • $4.8 million CVUSD recurring deficit • Election Fails – Prop. 98 Minimum • $7.0 million loss ($19 + $330 per ADA) • $11.4 million CVUSD recurring deficit • Election Fails – Suspend 98 to “Fair Share” • $16.5 million loss? ($800 per ADA?) • $20.9 million CVUSD recurring deficit

  6. 2011-12 Best Case – Taxes Pass Est. Recurring Deficit $(4.8 million) Avail. Est. End Balance $12.6 million Recommended Strategy: • No Cuts • Use $4.8 million reserve to cover deficit • Consider limited restorations with reserves • Preserve unspent reserves for 2012-13 Budget • 12-13 Deficit? - $3.8 million

  7. 2011-12 Moderate Case – Taxes FailProp. 98 Minimum Est. Recurring Deficit $(11.4 million) Avail. Est. End Balance $12.6 million Recommended Strategy: • Make $4.0 million in hard cuts • Use $7.4million reserve to cover deficit • Preserve other reserves ($5.2 million)for 2012-13 Budget • 12-13 Deficit? - $6.4 million

  8. 2011-12 Worst Case – Taxes FailProp. 98 Suspended Est. Recurring Deficit $(20.9 million) Avail. Est. End Balance $ 12.6 million Recommended Strategy: Make $4.0 million in hard cuts • Use $ 12.6 million budget dev. reserves • Use $4.3 million of 3% reserve ($0.7 million left) • 12-13 Deficit? - $15.9 million • PRAY FOR DELIVERANCE!!!

  9. Framework for $4.3 Million Hard Cuts • District Office/District Support $ 250,000 • Park Oaks Closure $ 450,000 • Elementary Schools $ 250,000 • Middle Schools $ 300,000 • High Schools $ 450,000 • K-3, from 22 to 25 to 1 $ 900,000 • 4-12 from 30 to 31 to 1 $1,400,000 Total $4,000,000

  10. $4.0 Million Hard Cuts Detail District Office/Support$250,000 • Eliminate Dir. Purchasing – Full Year - $66,000 • Eliminate Admin. Asst. – Facilities - $44,000 • Energy Ed. Consulting Contract - $80,000 • Restructure Pupil Services - $60,000 Elementary Schools$250,000 • Eliminate Elementary Counseling - $225,000 • Reduce OCBG by $3 per student - $25,000

  11. $4.0 Million Hard Cuts Detail Middle Schools$300,000 • Eliminate Dept. Chair Periods (4.0 FTE) - $260,000 • Double Stipends, No Observations • Reduce SCS Tech Periods (0.6 FTE) - $40,000 High Schools$450,000 • Reduce 10 Coaching Stipends Per School - $100,000 • Eliminate Remedial Reading Sections - $90,000 • Eliminate 1.0 FTE ICT Per School (3.0 FTE) - $150,000 • Reduce OCBG by $4 per student - $30,000 • Eliminate CVHS Afternoon Program ( 0.6 FTE) - $40,000 • Reduce Adult Ed Learning Center/Tech Support - $40,000

More Related