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Larkspur-Corte Madera School District
DRAFT GENERAL FUND BUDGET2012-13
April 25, 2012
Where do our assumptions come
from?State Government• Governor • Legislative Analysts Office• Department Of Finance
Education Coalition• CTA, CSBA, ACSA, CASBO Financial Advisors/Overseers • School Services of California• Marin County Office of Education• County of Marin – Assessor, Treasurer
Board/Staff Input• Board Policy• Staffing formulas• Trend Analysis
Major Budget Categories
1000 – Certificated Salaries (teachers, admin)2000 – Classified Salaries (secretaries, custodians, paraprofessionals, support staff)3000 – Benefits (statutory deductions, h/w cap, retirees)4000 – Materials & Supplies5000 – Services & Contracts6000 – Capital Outlay7000 – Other outgo, financing uses, etc8000 - Revenue
1000 – Certificated Salaries
Certificated Salaries
Teachers/SpecialistsOther Ad-justmentsAdministration
KEY ASSUMPTIONS
INCLUDES:• Classroom teachers and
specialists• Other Adjustments (stipends,
subs, extra duty)• Administration (Principals/AP,
Superintendent, Directors)
Draft 1 adds 1 .4 FTE for growth and VAPA coaching shift.
Only Step and Column, no COLA.
New Hires budgeted at highest allowed per LCMTA contract.
2000 – Classified Salaries
Classified Salaries
Admin SupportInstructional SupportClassified ManagementClassified SupportExtra Duty, subs, etc
KEY ASSUMPTIONS
Includes:• Admin Support (Secretaries, Admin
Assists, Health Aide, Courier)• Instructional Support (Classroom
Aides, Paraprofessionals)• Classified Management (Business
Manager, VAPA Coordinator, Facilities Director)
• Classified Support Staff (Custodians/Maintenance, Yard)
• Extra Duty, subs, etc.
Step increases only, no COLA
All mid-year hires from prior year adjusted to full year.
No classified staffing adds in this draft.
3000 - Benefits
STRSPERSOASDIMedicareSUIWorkers CompH/WOther
KEY ASSUMPTIONS
STATUTORY BENEFITS (Employer costs)
o STRS (Certificated) – 8.25%o PERS (Classified) – 11.2%
(11.81 at 6 pm Tues)o FICA (classified) – 6.20%o Medicare – 1.45%o SUI (decrease) – 1.10% o Worker’s Comp - .712% (rate
increase to .985% at 3 pm Tues)
HEALTH/WELFARE Cap at $8393
OTHERRetiree benefits
4000 – Materials & Supplies
Books & Reference MaterialsMaterials & SuppliesNon-Capital-ized Equip-ment
KEY ASSUMPTIONS
Books and Reference Materials Materials & Supplies
Maintenance/CustodialVAPATechnology
Non-capitalized EquipmentLast year – 3 year Apple
contractTechnology
5000 – SERVICES & CONTRACTS
Workshops/Conferences
Insurance
Utilities
Maintenance Contracts
Rents, Leases & Repairs
Employment Costs
Audit fees, legal, etc
Outside Contractors
KEY ASSUMPTIONS
Major operating costs including but not limited to:• Workshops/Conferences• Insurance• Utilities• Maintenance Contracts (Copiers,
Lycee lease agreement-last yr, maintenance)
• Repairs,Rents,Leases - Maintenance• Employment costs (advertising,
fingerprinting)• Audit fees, Election costs, Legal fees• Outside Contractors - Contracts for
professional development and other outside agency services including MCOE financial system, internet access, web site maintenance, Special Ed Mandates.
7000 – Other Financing Uses
Other OutgoInterfund TransfersDirect/Indirect Costs
KEY ASSUMPTIONS
Other Outgo• Special Education Excess Cost
Billback• Special Education Transportation
Interfund Transfers• To Deferred Maintenance
Direct/Indirect Costs
8000 - Revenue
Property Taxes/Rev LimitFederal RevenuesState RevenuesLocal RevenueSPARK
KEY ASSUMPTIONS
Property Taxes/Revenue Limit• 1.5% growth from prior year• ADA=Moderate level, demographer study
Federal Revenue• Includes Pre-school, no ARRA
State Revenue• Maintains flexibility provisions • Includes “Basic Aid Fair Share” reduction
reflected in CSR• Increased Mental Health to cover
additional costs for shift of services from County to school districts.
Local Revenue• Parcel Tax with 5% inflator
SPARK• Increased Base Commitment per on-
going budget development meetings
BOARD RESERVES
• State Required ( 3%)
• Board Policy (+3% - twice the state required at a minimum)
Assumptions of Note2013-14 and 2014-15
2014-15REVENUES2% COLA applied to State Categoricals per SSC
EXPENDITURESAdds 1 FTE Classified staff (custodian for new site)Includes only Step and ColumnKeeps in Election costs Includes second1/3 of 3-year technology plan projected (iPads).
2013-14REVENUES100% reduction of Lycee lease revenue beginning this yearLast year for Marin Community Foundation Grant2% COLA applied to State Categoricals per SSC100% reduction of Home-to-School Transportation funding
EXPENDITURESAdds 1 FTE Certificated staffIncludes only Step and ColumnAdds Election costs Includes 1/3 of 3-year technology plan projected (iPads)Increase to Special Ed Transportation due to 100% reduction of funding
RESERVESAdds estimated effect of failure of Tax Initiative/s
What’s still hanging out there?
Weighted Student Formula• Anyones guess!
Tax Initiatives• Of the two remaining which one (if any) will
pass?
NEXT STEPS
May Revise (announced by May 15, SSC workshop May 21)• Latest on economic/political “landscape”
Staffing Updates• Actual costs of new hires (salary schedule
placement)
Final rates for employer payroll costs, property & liability insurance e.g.• Usually firmed up by mid-late May