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2008-04-01 3-B Power PointOverview of Alameda Unified School District Budget Issues Impact of the Governor's Proposed Budget April 1, 2008 Suspending Proposition 98 Proposition 98 Appropriations (Billions) 62 60 58 56 54 52 50 FY06/07 FY07/08 FY08/09 (Minimum Guarantee) FY 08/09 (Governor's Proposal) Suspending Proposition 98 AUSD Base Revenue Limit $6,200 $5,800 $5,400 $5,000 FY06/07 FY07/08 FY08/09 (Minimum Guarantee) FYO 8 /0 9 (Governor's Proposal) Multi-Year Projections As of FY07/08 First Interim FY07/08 FY08/09 FY09/10 Projection Projection Projection Revenues 83,755,624 86,552,977 87,325,387 Expenditures 86,870,395 84,970,470 86,467,560 Other Sources (Uses) (435,906) (435,906) (435,906) Net Inc/Dec in Fund Balance (3,550,677) 1,146,602 421,920 Beginning Balance 7,666,016 4,115,339 5,261,940 Ending Balance 4,115,339 5,261,940 5,683,861 Components of Ending Balance Revolving Cash 50,000 50,000 50,000 For Econonuc Uncertainties 2,619,189 2,562,191 2,607,104 Legally Restricted Balance - - - Mandate Cost Reimbursement 1,080,000 1,080,000 1,080,000 P2 ADA 137,207 - Available Unrestricted Reserve 228,943 1,569,749 1,946,757 Available for spending priorities - compensation increases, new programs and program expansions, Multi-Year Projections As of FY08/09 Governor's Budget FY07/08 FY08/09 FY09/10 Projection Projection Projection Revenues 83,480,865 82,432,304 83,613,268 Expenditures 86,870,395 85,027,949 86,565,050 Other Sources (Uses) (435,906) (435,906) (435,906) Net Inc/Dec in Fund Balance (3,825,436) (3,031,550) (3,387,687) Beginning Balance 7,666,016 3,840,580 809,029 Ending Balance 3,840,580 809,029 (2,578,658) Components of Ending Balance Revolving Cash 50,000 50,000 50,000 For Econonuc Uncertainties 2,619,189 2,563,916 2,610,029 Legally Restricted Balance - - - Mandate Cost Reimbursement 1,080,000 1,080,000 1,080,000 P2 ADA 137,207 - Available Unrestricted Reserve (45,816) (2,884,886) (6,318,686) Available for spending priorities - compensation increases, new programs and program expansions, What does $4M look like? Unit Cost of 1 % Reduction FTE AEA $380K $2.77M 46 ACSA $54K $0.39M 4 Alameda Blue $37K $0.27M 6 CSEA $79K $0.57M 16 TOTAL $SSOK $4.OOM 72 Reduction Factor = 7.3 What does $4M look like? • Close two elementary schools - $300K each • Close one middle school - $600K • Eliminate all Class Size Reduction - $SOOK • Eliminate one high school Vice Principal - $ l 00K • Move Continuation High School to a comprehensive high school - $200K • Eliminate JROTC - $ l 00K • Reduce middle school Counselors - $150K . ~ ~Z ;~ What can the AUSD do? • Increase Revenue • Reduce Expenditures • Qualified/Negative Certification • Combination What is Measure H? • Temporary emergency parcel tax • $120 per parcel for residential property • $0.15 per sq ft for commercial property • Four (4) year life