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State Budget 2010-11 & District’s Amended 2010-11
BudgetFirst Interim PreviewNovember 17, 2010
Steven Lawrence, Ph.D., SuperintendentBryan Richards, Chief Financial Officer
Negative COLA & Deficits
A 0.39% DECREASE in funding; ($25) per ADA
However, deficit factor is being decreased to offset the effect of the negative COLA
The one time extra deficit has been returned to one time status and will not continue in 2010/11 (cue small sigh of relief)
Funded Revenue Limit 2009-10 vs. 2010-11
Graph courtesy of School Services of California, Inc.
Mt. Diablo Unified School District
2009-10 2010-11
$6,371.02 $6,346.02
$4,947.53$5,206.08
Loss due to Deficit Factor and $254-per-ADA
one-time cut
Loss due to Remaining Deficit Factor
Funded Revenue LimitFunded Revenue Limit
$1,139.94$1,423.49
What does a 17.96% cut look like?At least it is better than a 22.21% cut School year is 180 days 17.96% of school year is 32.33 days To cut school by 17.96% we would have
closed after school ended on April 18th (April 25th in a year when the Spring break falls earlier & about 7 days plus a minimum day later than with a 22.21% cut)
A 17.96% reduction of the school day would equal just over 1 hour less instruction daily
10/11 revenue limit cut narrows to $1,140/ADAMDUSD Revenue Limit Funding per ADA
6,803
6,617
6,4616,3466,371
6,109
5,125
5,528
5,647
5,482
5,348
5,227
5,079
5,780
5,303
5,1625,041
4,9374,947
5,630
5,3115,206
5,2065,206
4,750
5,250
5,750
6,250
6,750
2005/06 2006/07 2007/08 2008/09 2009/10 2010/11 2011/12 2012/13 2013/14
Year
Do
llar
s $
per
AD
A
Revenue Limit
Actual 09-10Budget
May 2010 Revise
Actual 10-11Budget
Declining Enrollment Less Steep than projected at
adoption For P-2 in 2009/10 we were down 550.58 ADA
We are still declining so this is our funding model
We are projecting a decline of 291.32 ADA in 2010/11 from 2009/10
ADA projection is based on our last 3 years average attendance of 94.8% rather than last year’s 95.3% until we know current ADA percentage
MDUSD ADA is still declining!P-2 ADA
29,500
30,000
30,500
31,000
31,500
32,000
32,500
33,000
33,500
34,000
34,500
35,000
P-2 ADA
How does revenue limit funding look?Revenue Limit
160,000,000
165,000,000
170,000,000
175,000,000
180,000,000
185,000,000
190,000,000
195,000,000
200,000,000
Revenue Limit
Health rates skyrocketing!Kaiser Rates
0
500
1,000
1,500
2,000
2,500
Year
Mo
nth
ly P
rem
ium
1 party
2 party
3 party
Compounding rate increasesKaiser % Increase
0.0%0.0%
10.0%10.0%10.0%10.0%6.8%23.3%
4.8%8.0%9.2%10.7%9.8%16.1%17.8%
296.4%
260.3%
227.6%
197.8%170.7%
45.3%
68.8%85.3%
105.2%123.9%
141.9%153.4%
0.0%
50.0%
100.0%
150.0%
200.0%
250.0%
300.0%
CY 2002
CY 2003
CY 2004
CY 2005
CY 2006
CY 2007
CY 2008
CY 2009
CY 2010
CY 2011
CY 2012
pro
j
CY 2013
pro
j
CY 2014
pro
j
CY 2015
pro
j
Year
Per
cen
t In
crea
se
y/yinc
incsince02
MDUSD Benefit CostsHealth, Dental, Vision & Post Retirement Benefits
-
5,000,000
10,000,000
15,000,000
20,000,000
25,000,000
30,000,000
35,000,000
Year
Am
ou
nt
General Fund
Unrestricted General Fund Revenue
Revenue Limit Sources $ 164,735,676 Federal Revenue 232,231 Other State Revenue 31,529,952 Other Local Revenue 1,801,379 Interfund Transfers In 1,572,413 Total Revenue 199,871,651 Less: Net Contrib. to RGF (33,568,323) Net Available Revenue $ 166,303,328
Mt. Diablo Unified School District Unrestricted General Fund Revenues Before Contributions
2010-11 Total = $199,871,651
Interfund Transfers In0.8%
Revenue Limit65.6%
Revenue Limit Contributed to
Restricted16.8%
Federal Revenue0.1%
State Revenue15.8%
Local Revenue0.9%
Revenue Limit is down to 82.4% of revenue because of the deficit.
Unrestricted General Fund Expenditures
Certificated Salaries $ 88,043,398 Classified Salaries 20,000,007 Employee Benefits 32,446,736 Books & Supplies 9,576,956 Services & Operating 13,466,415 Capital Outlay 153,732 Other Outgo 929,380 Interfund Transfers Out 3,486,037 Total Expenditures 167,173,281
Mt. Diablo Unified School DistrictUnrestricted General Fund Expenditures and Transfers Out
2010-11 Total = $167,173,281
Services & Operating8.06%
Capital Outlay0.09%
Other outgo0.54%
Interfund Transfers Out
2.09%
Books and Supplies5.73%
Employee Benefits19.41%
Classified Salaries11.96%
Certificated Salaries52.67%
Salaries and Benefits make up 84.04% of expenditures & transfers out!
(This is down due to transfer of $6M to Ed Jobs Fund)
Unrestricted General Fund Summary
Net Available Revenue $ 166,303,328 Net Expenditures 167,173,281 Net (decrease) fund bal. ( 869,953) Beginning Balance, July 1 24,791,068 Projected Ending Balance $ 23,921,115
Components of Ending Balance
Revolving Cash $ 300,000 Stores Inventory 447,156 Economic Uncertainties (2%) 6,025,207 IRS Assessment Resolution 533,550 Tier 3 Balances 1,520,144 LAO rec. cut to RL 8,523,367 Undesignated 6,571,741 Ending Balance $ 23,921,165
Restricted General Fund Revenue
Revenue Limit Sources $ 7,071,893 Federal Revenue 37,894,638 Other State Revenue 37,414,612 Other Local Revenue 9,269,004 Interfund Transfers In 0 Contribution from Unr. 39,273,596 Total Revenue $130,923,743
Mt. Diablo Unified School DistrictRestricted General Fund Revenue
2010-11 Total = $130,923,743Contribution from Unrestricted
30.00%
Revenue Limit5.40%
Federal Revenue28.94%
State Revenue28.58%
Local Revenue7.08%
Restricted General Fund Expenditures Certificated Salaries $ 40,814,438
Classified Salaries 19,253,879 Employee Benefits 23,900,109 Books & Supplies 25,163,720 Services & Other Operating 24,053,475 Capital Outlay 276,212 Other Outgo 1,355,536 Indirect Costs 4,974,934 Total Expenditures $ 139,792,303
Mt. Diablo Unified School DistrictRestricted General Fund Expenditures
2010-11 Total = $139,792,303
Indirect Costs Xfrs3.56%
Books & Supplies18.00% Employee Benefits
17.10%
Classified Salaries13.77%
Certificated Salaries29.20%
Capital Outlay0.20%
Other outgo0.97%Services & Other
Operating17.21%
Restricted General Fund Summary
Total Revenue $ 130,923,743 Total Expenditures 139,792,303 Net (decrease) in fund bal. ( 8,868,560) Beginning Balance, July 1 10,343,950 Projected Ending Balance $ 1,475,390
Other Funds of the District
Funds for special purposes excluded from the General Fund
Special Revenue Funds Charter School – Form 09I Adult Education – Form 11I Cafeteria – Form 13I Deferred Maintenance – Form 14I
Capital Projects Funds Building (Proceeds of local bonds for construction) –
Form 21I Capital Facilities (a.k.a. Developer Fees) – Form 25I
More one time funds are here Federal Jobs Funds $6.4M
Recommendation – fund days for site based employees to restore general fund for potential cuts to revenue limit
School Improvement Grants for four schools Helpful, but not ongoing
The State deficits are ongoing and rising for Revenue Limit funding
What next?More from
Sacramento
Governor Schwarzenegger calls special sessionDemocrats in Legislature indicate they will wait for Governor-Elect Brown to take office before they address $25.4 BILLION deficitGovernor-Elect Brown will have to deal with shaky revenue assumptions in the budget Mid year cuts or a very tough January budget expected
LAO Issues Budget Assessment State Budget Imbalance of $25.4 Billion Federal Revenue assumptions overstated Measure prohibiting ERAF triple flip shifts approved
by voters, protects county tax base, but leaves State less flexibility to fund education
Calls for rollback of budget to level of May Revise Reduces our revenue limit funds by $8.5 Million
Recommend reserving additional revenue limit funding until after the January budget and special session are complete, possibly until May revise if the January budget punts the decision until then
Will the State budget hold through the January revision?... Tune in next time for
s a c r a m e n t o----- -----------