Budget Development Calendar · Raul A. Parungao Chief Business Official Budget Development 2008/09 March 26, 2008 4 Governor’s Budget Proposal for 2008/09 But will be reduced by

Raul A. Raul A. ParungaoParungaoChief Business OfficialChief Business Official

Budget Development 2008/09Budget Development 2008/09March 26, 2008March 26, 2008 11

Governing Board

Shelly Masur, President

Maria Diaz-Slocum, Vice President

Dennis McBride, Clerk

Alisa MacAvoy

Hilary Paulson

Jan Christensen, Superintendent

Budget Development 2008/09Budget Development 2008/09

“Educating Every Child for Success”



Mission, Beliefs and Goals Mission, Beliefs and Goals

Community forumsCommunity forumsBoard study sessionsBoard study sessionsMission, beliefs and goals were developedMission, beliefs and goals were developedEnacted on February 27, 2008Enacted on February 27, 2008The new DistrictThe new District’’s mission is:s mission is:

““Educating Every Child for SuccessEducating Every Child for Success””



GovernorGovernor’’s Budget Proposal for s Budget Proposal for 2008/09 2008/09

State budget shortfall of $14.5 billion State budget shortfall of $14.5 billion projected in midprojected in mid--JanuaryJanuaryShortfall has grown to $16 billion within a Shortfall has grown to $16 billion within a monthmonth10% across the board cut10% across the board cutSuspension of Prop 98 Suspension of Prop 98 –– Education Funding Education Funding GuaranteeGuaranteeEducation will get COLA at 4.94%Education will get COLA at 4.94%



GovernorGovernor’’s Budget Proposal for s Budget Proposal for 2008/09 2008/09

But will be reduced by deficit factor of 6.99% on But will be reduced by deficit factor of 6.99% on revenue limit and 10.9% on state categorical revenue limit and 10.9% on state categorical revenuesrevenuesThis means a net reduction of 2.4% in revenue This means a net reduction of 2.4% in revenue limit and 6.5% in state categorical revenues limit and 6.5% in state categorical revenues ––similar situation in 2003/04, but more severesimilar situation in 2003/04, but more severeState aid apportionment for July 08 will be further State aid apportionment for July 08 will be further delayed until September 08delayed until September 08Budget information are changing almost everyday Budget information are changing almost everyday –– stay tuned!stay tuned!



DistrictDistrict’’s General Fund Budgets General Fund BudgetRevenue Revenue –– sources of fundssources of funds-- Expenditures Expenditures –– uses of fundsuses of funds= Surplus/(Deficit)= Surplus/(Deficit)+ Beginning Fund Balance+ Beginning Fund Balance= Ending Fund Balance= Ending Fund Balance-- DesignationsDesignations

Economic UncertaintiesEconomic Uncertainties--3%3%Board Mandated ReserveBoard Mandated Reserve--3%3%Other DesignationsOther Designations

= Undesignated Fund Balance= Undesignated Fund Balance



Revenue Revenue –– Sources of FundsSources of FundsRevenue limit Revenue limit –– represents 60% of represents 60% of DistrictDistrict’’s revenues revenue

Based on Average Daily Attendance (Based on Average Daily Attendance (““ADAADA””) ) estimated at 97.26%estimated at 97.26%ADA x Rate established by the State (COLA ADA x Rate established by the State (COLA and deficit factor applied)and deficit factor applied)First funded by property taxesFirst funded by property taxesRemainder funded by state aidRemainder funded by state aid

Source: Second Interim Report 2007/08



Revenue Revenue –– Sources of FundsSources of Funds

7,400

7,500

7,600

7,700

7,800

7,900

8,000

8,100

8,200

02/03 03/04 04/05 05/06 06/07 07/08 08/09 09/10

Year

Enr

ollm

ent/A

DA

Enrollment

P-2 ADA

State Average ADA

Enrollment and ADA




Revenue Revenue –– Sources of FundsSources of FundsFederal Revenue Federal Revenue –– 7% of District7% of District’’s s revenuerevenue

Title ITitle IMigrant EdMigrant EdTitle II, Improving Teacher QualityTitle II, Improving Teacher QualityTitle III, Limited English ProficiencyTitle III, Limited English ProficiencySpecial EducationSpecial EducationMedical Administrative Activities (Medical Administrative Activities (““MAAMAA””) ) –– 0 0 funding for 2008/09funding for 2008/09Generally based on census or student countGenerally based on census or student count




Revenue Revenue –– Sources of FundsSources of FundsState Revenue State Revenue –– 25% of District25% of District’’s s revenuerevenue

KK--3 Class Size Reduction (3 Class Size Reduction (““CSRCSR””))LotteryLotteryAfter School Program (After School Program (““ASESASES””))Economic Impact Aid (Economic Impact Aid (““EIAEIA””))TextbookTextbookSchool Improvement Program (School Improvement Program (““SIPSIP””))Targeted Instructional Improvement Block Targeted Instructional Improvement Block Grant (Grant (““TIIBGTIIBG””))Generally based on ADA or student countGenerally based on ADA or student count




Revenue Revenue –– Sources of FundsSources of FundsLocal Revenue Local Revenue –– 8% of District8% of District’’s revenues revenue

Family Center Partnership via RC2020Family Center Partnership via RC2020Redwood City Education FoundationRedwood City Education FoundationPTA DonationPTA DonationAnnual GrantsAnnual GrantsInterest IncomeInterest IncomeMiscellaneous local donationsMiscellaneous local donationsGenerally thru the generosity of parents, Generally thru the generosity of parents, community members and volunteerscommunity members and volunteersSome are via grant applicationSome are via grant application




Revenue Revenue –– Sources of FundsSources of Funds

Lottery1.43%

Local Revenues/Interfund Transfer In7.77%

State Revenues23.76%

Federal Revenues6.65%

Revenue Limit60.39%




How do we compare?How do we compare?

Source: www.ed-data.org

0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 16,000 18,000

Cupertino

Millbrae

Burlingame

Sunnyvale

SM-Foster City

Mountain View

Redwood City

Menlo Park (BA)

Los Altos

Belmont (BA)

San Carlos

Palo Alto (BA)

Ravenswood

Hillsborough (BA)

Las Lomitas (BA)

Woodside (BA)

Portola Valley (BA)

Revenue Limit Federal Revenue State Revenue Local Revenue

2006/07 Revenue per student

BA = Basic Aid District

All Districts have parcel tax except for:

•Redwood City

•Sunnyvale

•Millbrae

•Cupertino



General Fund Revenue HistoryGeneral Fund Revenue History


0

10

20

30

40

50

60

70

80

Mill

ions

97/98 98/99 99/00 00/01 01/02 02/03 03/04 04/05 05/06 06/07

44% increase since 1997



Expenditure Expenditure –– Uses of FundsUses of FundsCertificated Salaries Certificated Salaries –– represents 47% of represents 47% of the Districtthe District’’s budgets budget

include teachers, principals, counselors, include teachers, principals, counselors, nurses, ELD coachesnurses, ELD coachesRatio for Grades KRatio for Grades K--3 3 –– 20:120:1Ratio for Grades 4Ratio for Grades 4--8 on K8 on K--8 Schools 8 Schools –– 31:131:1Ratio for Middle Schools Ratio for Middle Schools –– 28:128:1Assistant Principal on KAssistant Principal on K--8 schools and middle 8 schools and middle schoolsschools




Expenditure Expenditure –– Uses of FundsUses of FundsClassified Salaries Classified Salaries –– 15% 15%

include instructional aides, custodians, include instructional aides, custodians, maintenance staff, school office managers maintenance staff, school office managers and clerks, yard duty, district support staffand clerks, yard duty, district support staff

Employee Benefits Employee Benefits –– 16% 16% includes contribution to State retirement includes contribution to State retirement system, social security and system, social security and medicaremedicarecontribution, workers compensation, retiree contribution, workers compensation, retiree benefits, unemployment insurancebenefits, unemployment insurance




Expenditure Expenditure –– Uses of FundsUses of FundsBooks & Supplies Books & Supplies –– 8% 8%

include textbooks, instructional supplies, include textbooks, instructional supplies, office supplies, fuel, parts and tools, office supplies, fuel, parts and tools, computer accessoriescomputer accessories

Services and Other Operating Expenses Services and Other Operating Expenses ––12%12%

include utilities, insurance, professional include utilities, insurance, professional services, conference, professional services, conference, professional development, telecommunication, repairs, development, telecommunication, repairs, copier lease, special education contracts copier lease, special education contracts




Expenditure Expenditure –– Uses of FundsUses of FundsCapital Outlay Capital Outlay –– 0%0%

includes cost of equipment > $5,000 per unitincludes cost of equipment > $5,000 per unit

Other Outgo Other Outgo –– 2% 2% Includes cost of special education contracts Includes cost of special education contracts with County Office of Education, reduction in with County Office of Education, reduction in expenditure due to support cost received expenditure due to support cost received from other fundsfrom other funds

Attached with your packet are the details Attached with your packet are the details of the budget by program of the budget by program


REDWOOD CITY SCHOOL DISTRICTGENERAL FUND WITHOUT SPECIAL EDUCATION AND CATEGORICAL PROGRAMSSECOND INTERIM REPORT 2007/08

PROGRAM NUMBER PROGRAM DESCRIPTION

2ND INTERIM BUDGET FTE

NON-DISCRETIONARY BUDGET (includes cost of staffing) N100 CLASSROOM TEACHERS 27,109,893 333.97 N102 MUSIC-INSTRUMENTAL 300,885 3.50 N108 SUBSTITUTE TEACHERS 674,923 1.00 N114 SATURDAY SCHOOL 4,497N124 NOON DUTY SUPERVISION 288,714 12.27 N417 STUDENT INFORMATION SYSTEMS 175,479 2.00 N452 CURRICULUM DEVELOPMENT 268,915 2.80 N460 INSTRUCTIONAL MATERIALS CENTER ("IMC") 105,812 1.53 N462 SCHOOL ADMINISTRATION 4,839,517 54.53 N530 HEALTH SERVICES 361,761 4.00 N540 PSYCHOLOGICAL SERVICES 1,135,473 10.40 N601 SUPERINTENDENT'S OFFICE 472,486 4.00 N605 BOARD OF EDUCATION 14,568N610 BUSINESS SERVICES 1,318,259 11.75 N611 PRINTING AND REPRODUCTION 14,801 0.50 N618 INTERFUND SUPPOST COST TRANSFER (567,471)N619 INTERPROGRAM SUPPORT COST TRANSFER (945,144)N622 PUPIL SERVICES 69,750 0.50 N629 SUBSTITUTE-CLERICAL 29,919N630 PERSONNEL 498,403 5.00 N641 GENERAL MAINTENANCE 1,164,842 12.70 N643 GROUNDS 338,126 5.00 N644 VEHICLE REPAIR 39,569 0.50 N671 CUSTODIAL 3,471,987 50.00 N673 WAREHOUSE 61,976 1.00 N675 UTILITIES 1,519,560N711 RETIREE BENEFITS 330,000N751 RENTS AND LEASES 41,000N799 CONTRIBUTION TO DEFERRED MAINTENANCE 319,395

TOTAL NON-DISCRETIONARY BUDGET 43,457,895 516.95

TOTAL GENERAL FUND WITHOUT SPECIAL EDUCATION AND CATEGORICAL PROGRAMS 46,100,072 516.95

General Fund by Program.xls, GF WITHOUT SPECIAL ED & CATEG

Raul Parungao

Typewritten Text

9A




DISCRETIONARY BUDGET (includes supplies, and other operating expenses)D100 SITE DISCRETIONARY 379,723D104 AFTER SCHOOL SPORTS 5,400D127 MEDICAL ADMINISTRATIVE ACTIVITIES ("MAA") - SITE ALLOCATION 172,384D417 STUDENT INFORMARMATION SYSTEMS 41,234D452 CURRICULUM DEVELOPMENT 44,429D453 TESTING & ASSESSMENT 16,000D454 STAFF DEVELOPMENT 13,220D458 LIBRARIES 79,990D460 INSTRUCTIONAL MATERIAL CENTER ("IMC") 4,118D462 SCHOOL ADMINISTRATION 13,989D464 SUMMER SCHOOL 279,420D530 HEALTH SERVICES 4,768D535 AUDIOLOGICAL SERVICES 11,848D540 PSYCHOLOGICAL SERVICES 3,757D601 SUPERINTENDENT 46,494D601 SUPERINTENDENT-COUNTY COUNSEL 153,347D601 SUPERINTENDENT-RC2020 25,000D602 COMMUNICATIONS 38,000D605 BOARD OF EDUCATION 23,065D605 BOARD OF EDUCATION-STRATEGIC PLAN 50,000D607 PUBLIC RELATIONS 12,498D609 INSURANCE 257,500D610 BUSINESS SERVICES 59,479D610 BUSINESS SERVICES-AUDITOR 40,000D610 BUSINESS SERVICES-POSTAGE 25,000D610 BUSINESS SERVICES-CECC & OTHER COUNTY CONTRACT 62,303D610 BUSINESS SERVICES-MANDATED COST CONTRACT 17,000D610 BUSINESS SERVICES-CALPERS ADMINISTRATION 20,000D611 PRINTING & REPRODUCTION 38,578D621 PUPIL RECORDS 2,384D630 PERSONNEL 34,207D631 NEGOTIATIONS 30,000D641 GENERAL MAINTENANCE 222,418D643 GROUNDS 75,133


Raul Parungao

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9B




D644 VEHICLE REPAIR 53,811D645 VANDALISM 56,831D646 AUDIO VISUAL REPAIR 3,933D671 CUSTODIAL 198,829D673 WAREHOUSE 1,525D674 SECURITY 19,987D677 TELEPHONE INSTALLATION 4,575

TOTAL DISCRETIONARY BUDGET 2,642,177


Raul Parungao

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9C

REDWOOD CITY SCHOOL DISTRICTSPECIAL EDUCATION PROGRAMSSECOND INTERIM REPORT 2007/08



DISCRETIONARY BUDGET (includes supplies, and other operating expenses)D130 SPECIAL DAY CLASS ("SDC") 17,508 D132 RESOURCE SPECIALIST ("RSP") 17,480 D134 DESIGNATED INSTRUCTIONAL SERVICES ("DIS") 22,140 D136 SPECIAL EDUCATION SUMMER SCHOOL 110,000 D140 NON PUBLIC SCHOOL/AGENCY 2,346,141 D620 SPECIAL EDUCATION ADMINISTRATION 22,139 D686 SPECIAL EDUCATION TRANSPORTATION 98,010

TOTAL DISCRETIONARY BUDGET 2,633,418

NON-DISCRETIONARY BUDGET (includes cost of staffing) N130 SPECIAL DAY CLASS ("SDC") 3,432,235 59.21 N132 RESOURCE SPECIALIST ("RSP") 2,339,087 35.78 N134 DESIGNATED INSTRUCTIONAL SERVICES ("DIS") 2,446,917 40.30 N142 PROGRAM SPECIALIST 168,739 2.00 N146 SPECIAL EDUCATION: PRESCHOOL GRANT 104,145 1.00 N535 AUDIOLOGICAL SERVICES 116,014 1.00 N619 INTERPROGRAM SUPPORT COST TRANSFER (200,156) N620 SPECIAL EDUCATION ADMINISTRATION 438,326 4.00 N686 SPECIAL EDUCATION TRANSPORTATION 593,652 9.83 N799 SERVICES PROVIDED BY COUNTY OFFICE OF EDUCATION 1,729,488

TOTAL NON-DISCRETIONARY BUDGET 11,168,447 153.12

TOTAL SPECIAL EDUCATION PROGRAMS 13,801,865 153.12

General Fund by Program.xls, GF-SPED

Raul Parungao

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9D

REDWOOD CITY SCHOOL DISTRICTCATEGORICAL PROGRAMSSECOND INTERIM REPORT 2007/08



FEDERAL PROGRAMSC160 EVEN START GRANT 120,750 1.00 C162 TITLE I 1,311,615 8.21 C164 MIGRANT EDUCATION 215,155 1.65 C165 MIGRANT EDUCATION-CARRYOVER 25,614 C168 MIGRANT EDUCATION-EVEN START 25,750 0.50 C169 MIGRANT EDUCATION-SANTA CLARA COE 29,071 0.25 C172 DRUG FREE SCHOOL 31,930 0.20 C174 TITLE II, PART A-TEACHER QUALITY 437,252 5.86 C176 TITLE II-ENHANCING EDUCATION THRU TECHNOLOGY ("EETT") 18,539 C178 TITLE V-INNOVATIVE EDUCATION PROGRAM 42,567 C182 TITLE III-IMMIGRANT EDUCATION. 625 C184 TITLE III-LIMITED ENGLISH PROFICIENCY ("LEP") 369,709 3.61 C187 MEDI-CAL BILLING OPTION 110,017 1.00

TOTAL FEDERAL PROGRAMS 2,738,594 22.28

STATE PROGRAMSC204 NATIONAL BOARD CERTIFICATION 11,242 C205 TEACHER RECRUITMENT & STUDENT SUPPORT 82,107 C206 COMMUNITY BASED ENGLISH TUTORING ("CBET") 187,675 0.25 C208 EARLY LANGUAGE ACQUISITION PROGRAM ("ELAP") 220,777 C213 AFTER SCHOOL EDUCATION AND SAFETY GRANT-PRIOR YEAR 167,106 C214 LOTTERY-TEXTBOOK 465,000 C215 AFTER SCHOOL EDUCATION AND SAFETY GRANT 1,537,890 1.00 C217 ARTS & MUSIC BLOCK GRANT 265,087 C219 ART MUSIC PE SUPPLIES & EQUIPMENT 572,874 0.35 C220 TOBACCO USE PREVENTION EDUCATION ("TUPE") 19,458 C221 SUPPLEMENTAL SCHOOL COUNSELING PROGRAM 244,306 2.00 C222 ECONOMIC IMPACT AID ("EIA") 1,897,732 13.52 C223 NELL SOTO PROGRAM PARENT INVOLVEMENT 15,000 C226 INSTRUCTIONAL MATERIAL FUND REALLIGNMENT PROGRAM ("IMFRP") 116,000 C228 INSTRUCTIONAL MATERIAL-WILLIAMS ACT 99,603 C234 HIGH PRIORITY SCHOOL GRANT ("HPSG") 122,800 1.20 C238 PEER ASSISTANCE & REVIEW ("PAR") 56,858 C240 STAFF DEVELOPMENT-MATH/ELA AB472 100,000 C244 STAFF DEVELOPMENT PRINCIPAL TRAINING AB75 35,500

General Fund by Program.xls, CATEGORICAL

Raul Parungao

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9E




C246 PUPIL RETENTION BLOCK GRANT 2,817 C250 SCHOOL SAFETY & VIOLENCE PREVENTION 68,485 C251 SCHOOL COMMUNITY VIOLENCE PREVENTION 193,341 0.56 C252 TEACHER CREDENTIALING BLOCK GRANT 367,467 1.47 C253 CALIFORNIA INSTRUCTIONAL SCHOOL GARDENS GRANT 20,000 C254 PROFESSIONAL DEVELOPMENT BLOCK GRANT 485,697 C256 TARGETED INSTRUCTION IMPROVEMENT BLOCK GRANT ("TIIBG")-SITE DISCRETIONARY 1,760,452 12.80 C257 TIIBG-COUNSELOR 84,582 1.00 C259 TIIBG-IB PROGRAM 261,113 3.00 C260 TIIBG-OUTREACH SPECIALIST 253,526 2.80 C261 TIIBG-MIDDLE 7TH PERIOD DAY/MULTIAGE PROGRAM 728,990 9.00 C262 TIIBG-LIBRARY 688,286 13.15 C264 TIIBG-BILINGUAL 36,731 0.30 C266 TIIBG-SITE EXPANSION (GRADES 6-8 AT K-8 SCHOOLS) 305,580 3.05 C267 TIIBG-STAFF DEVELOPMENT 323,021 3.00 C268 TIIBG-OPPORTUNITY SCHOOL 115,940 1.80 C270 TIIBG-TECHNOLOGY 1,129,437 7.00 C271 TIIBG-PROFESSIONAL DEVELOPMENT/INTERVENTION 1,112,119 0.90 C274 SCHOOL & LIBRARY IMPROVEMENT GRANT ("SIP") 1,334,503 7.84 C276 GIFTED & TALENTED EDUCATION ("GATE"0 108,634 1.00 C277 DISCRETIONARY BLOCK GRANT - DISTRICT 159,175 0.67 C278 DISCRETIONARY BLOCK GRANT-SCHOOL SITE 319,345 C279 INSTRUCTIONAL MATERIAL, LIBRARY MATERIAL & EDUCATION TECHNOLOGY 39,502 C281 QUALITY EDUCATION INVESTMENT ACT ("QEIA") 385,171 3.83

TOTAL STATE PROGRAMS 16,500,929 91.49

LOCAL PROGRAMSC322 DONATIONS A 106,347 C324 DONATIONS B 120,902 C326 DONATIONS C 47,377 C328 DONATIONS D 192,310 1.00 C330 DONATIONS E 340,236 3.85 C332 COWELL FOUNDATION 614 C336 PENINSULA COMMUNITY FOUNDATION 179,446 1.05 C340 REDWOOD CITY EDUCATION FOUNDATION 235,215 0.80 C342 FAMILY CENTERS 973,726 7.44


Raul Parungao

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9F




C344 SMCOE - HOMEWORK CENTER 43,889 C346 JOHN DOE/LIBRARIES MEDIA 44,405 C354 CARGILL INC. GRANT FOR LIBR 5,000 C362 GROVE FOUNDATION 140,594 1.82 C363 JOHN GARDNER CENTER GRANT 10,000 C365 ENVIRONMENTAL SOLUTIONS GRANT 5,384 C366 PENINSULA BRIDGE PROGRAM-HOMEWORK CENTER 188 C367 MICROSOFT SETTLEMENT 341,057 C368 TECHNOLOGY GRANT 1,412 C370 WELLS FARGO BANK 2,574 C371 LOWER EMISSION SCHOOL BUS RETROFIT 127,307 C372 ORACLE 141,192 C373 GARFIELD TECHNOLOGY 47,388 0.50 C374 SMCOE-INTERN PROGRAM 4,029 C376 BELLA VISTA FOUNDATION-EVEN START 1,395 C378 THE CALIFORNIA ENDOWMENT 160,817 C380 FAIR OAKS ANNUAL GRANT 303,298 1.65 C382 LIBRARIES 7,476 C383 LOST LIBRARY BOOKS 5,237 C384 SAN FRANCISCO FOUNDATION 30,000 C386 CHILDREN'S HEALTH INITIATIVE 97,921 0.50 C388 NATIONAL SCIENCE FOUNDATION ("PS 3") 60,000 C392 LOCAL EVEN START DONATION 33,905 0.93 C394 PARTNERS IN SCHOOL INNOVATION 138,321 1.00 C395 STATE PRESCHOOL EVEN START 29,480 C396 PSSF-FUNDING/FAMILY CENTER 75,000 1.00 C398 CROSSING GUARDS 92,205 3.01

TOTAL LOCAL PROGRAMS 4,145,647 24.55

TOTAL CATEGORICAL PROGRAMS 23,385,170 138.32


Raul Parungao

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9F



Expenditure Expenditure –– Uses of FundsUses of FundsGeneral Fund Expenditures-Combined

Certifica ted Sala ries47.34%

Other Outgo / Interfund Trans fer-o ut

1.83% Services /Capita l Outlay11.90%

Bo o ks /Supplies7.81%

Emplo yee Benefits15.88%

Clas s ified Salaries15.24%

General Fund Expenditures without Categorical Programs (Includes Unrestricted General Fund and Special Education)

Certifica ted Sa la ries53.36%

Clas s ified Salaries17.06%

Emplo yee Benefits18.11%

Bo o ks /Supplies1.79%

Services /Capita l Outlay8.52%

Other Outgo / Inte rfund Trans fer-o ut

1.16%Salaries & Benefits – 78.46%

Salaries & Benefits – 88.53%Source: Second Interim Report 2007/08





2006/07 Expenditure per student

0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 16,000

Millbrae

Cupertino

Burlingame

San Carlos

SM-Foster City

Mountain View

Sunnyvale

Los Altos

Redwood City

Belmont

Menlo Park

Ravenswood

Palo Alto

Las Lomitas

Hillsborough

Portola Valley

Woodside

Certificated Salaries Classified Salaries Employee Benefits Books and Supplies Services and Other Expenses



General Fund Expenditure HistoryGeneral Fund Expenditure History

0

10

20

30

40

50

60

70

80

97/98 98/99 99/00 00/01 01/02 02/03 03/04 04/05 05/06 06/07

50% increase since 1997




General Fund 2007/08 (in General Fund 2007/08 (in thousands)thousands)

Revised Revised BudgetBudget

Unrestricted Unrestricted (including (including

SPED)SPED)

CategoricalCategorical

Revenues & Other SourcesRevenues & Other Sources 78,92378,923 58,65158,651 20,27220,272

-- Expenditures & Other UsesExpenditures & Other Uses 83,28783,287 59,90259,902 23,38523,385

= Surplus/(Deficit)= Surplus/(Deficit) (4,364)(4,364) (1,251)(1,251) (3,113)(3,113)

+ Beginning Fund Balance+ Beginning Fund Balance 13,69513,695 9,5189,518 4,1774,177

= Ending Fund Balance= Ending Fund Balance 9,3319,331 8,2678,267 1,0641,064

-- DesignationsDesignations 7,4267,426 6,3626,362 1,0641,064

= Undesignated Fund Balance= Undesignated Fund Balance 1,9051,905 1,9051,905 00

Reserve (%)Reserve (%) 8.29%8.29% 8.29%8.29% 0.00%0.00%




MYP Assumptions MYP Assumptions -- RevenuesRevenuesEnrollment Enrollment -- 7,993 and 7,9767,993 and 7,976ADA ADA –– 7,774 and 7,7577,774 and 7,757COLA COLA –– 4.94% for 2008/09, 3.0% 2009/104.94% for 2008/09, 3.0% 2009/10Deficit Deficit –– 6.99% on unrestricted and 10.9% on 6.99% on unrestricted and 10.9% on state categorical fundsstate categorical fundsFederal Categorical Funds Federal Categorical Funds –– No COLANo COLAMandated Cost & MAA Mandated Cost & MAA -- $0 in projected years$0 in projected yearsCarryover of unspent funds Carryover of unspent funds -- $0 in projected $0 in projected yearsyearsTransfer from Fund 25 for Deferred Maintenance Transfer from Fund 25 for Deferred Maintenance --$335K$335K Source: Second Interim Report 2007/08



MYP Assumptions MYP Assumptions -- ExpendituresExpendituresStaffing Ratio Staffing Ratio –– Same as Prior YearSame as Prior YearStep, Column & LongevityStep, Column & LongevityNo projection for Salaries & Health BenefitsNo projection for Salaries & Health BenefitsSupplies & Operating Costs Supplies & Operating Costs –– Same as Prior YearSame as Prior YearUtility Cost Utility Cost –– Increase of 10% per yearIncrease of 10% per yearDeferred Maintenance Match Deferred Maintenance Match -- $335K$335KContribution to Family Center Contribution to Family Center -- $90K$90KContribution from TIIG to Special Ed Contribution from TIIG to Special Ed -- $854K$854KBudget reduction Budget reduction -- $1,766 K$1,766 K




General Fund General Fund –– MYP (in thousands)MYP (in thousands)Second Second Interim Interim Budget Budget

2007/082007/08

Projected Projected Budget Budget

2008/092008/09

Projected Projected Budget Budget

2009/102009/10

Revenues & Other SourcesRevenues & Other Sources 78,92478,924 73,41473,414 75,35875,358

-- Expenditures & Other UsesExpenditures & Other Uses 83,28783,287 76,05876,058 77,24477,244

= Surplus/(Deficit)= Surplus/(Deficit) (4,363)(4,363) (2,643)(2,643) (1,886)(1,886)

+ Beginning Fund Balance+ Beginning Fund Balance 13,69513,695 9,3319,331 6,6886,688

= Ending Fund Balance= Ending Fund Balance 9,3319,331 6,6886,688 4,8024,802

-- Designations for EU/OtherDesignations for EU/Other 7,4267,426 6,3016,301 4,8024,802

= Undesignated Fund Balance= Undesignated Fund Balance 1,9051,905 387387 00

Reserve (%)Reserve (%) 8.29%8.29% 6.51%6.51% 3.97%3.97%




ChallengesChallengesState budget projectionsState budget projections

Very volatileVery volatile--keeps changing everydaykeeps changing everydayWill it be on time?Will it be on time?District needs to adopt a budget before the District needs to adopt a budget before the StateStateDistrict develop its budget based on the latest District develop its budget based on the latest information from the State information from the State -- at todayat today’’s rate, s rate, budget cut is needed to maintain its reservebudget cut is needed to maintain its reserveNo flexibility in categorical funds No flexibility in categorical funds –– unlike unlike 2003/042003/04



ChallengesChallengesBudget deficitBudget deficitNo projection for salary and benefit No projection for salary and benefit increases increases –– are we competitive with other are we competitive with other districts?districts?Special Education deficit Special Education deficit –– will be more will be more due to state budget cutdue to state budget cutIncreasing cost fuel means higher cost of Increasing cost fuel means higher cost of goods and servicesgoods and servicesAchievement Achievement –– API and increasing bar for API and increasing bar for AYPAYP



ChallengesChallengesMore compliance requirement requires More compliance requirement requires additional manpower and resourcesadditional manpower and resourcesNeighboring district is spending about $6K Neighboring district is spending about $6K more per studentmore per student




0.0 10.0 20.0 30.0 40.0 50.0 60.0 70.0

Hillsborough

Portola Valley

San Carlos

Woodside

Belmont

Menlo Park

Los Altos

Las Lomitas

Palo Alto

Cupertino

Burlingame

SM-Foster City

Millbrae

Sunnyvale

Mountain View

Redwood City

Ravenswood

2006/07 % of English Language Learners





0.0 10.0 20.0 30.0 40.0 50.0 60.0 70.0 80.0

Hillsborough

Las Lomitas

San Carlos

Los Altos

Belmont

Cupertino

Menlo Park

Woodside

Palo Alto

Portola Valley

Burlingame

Millbrae

SM-Foster City

Mountain View

Sunnyvale

Redwood City

Ravenswood

2006/07 % of Participation in Free & Reduce Meals





0 100 200 300 400 500 600 700 800 900 1000

Ravenswood

Redwood City

Sunnyvale

Mountain View

SM-Foster City

Millbrae

Burlingame

San Carlos

Belmont

Menlo Park

Palo Alto

Cupertino

Woodside

Portola Valley

Las Lomitas

Los Altos

Hillsborough

2007 Growth Academic Performance Index (“API”)




Questions, Discussions and Questions, Discussions and CommentsComments

Questions regarding data presentedQuestions regarding data presentedDiscussions regarding budget prioritiesDiscussions regarding budget prioritiesDirection for the staff to develop the Direction for the staff to develop the 2008/09 budget2008/09 budget

Documents

Budget Development Calendar · Raul A. Parungao Chief Business Official Budget Development 2008/09 March 26, 2008 4 Governor’s Budget Proposal for 2008/09 But will be reduced by