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OAKLAND UNIFIED ... as "Qualified" certification based upon the Oakland Unified School District's Fiscal Year 2009-2010 report. The California Education Code Sections 42130,43131,

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Text of OAKLAND UNIFIED ... as "Qualified" certification based upon the Oakland Unified School...

  • OAKLAND UNIFIED

    SCHOOL DISTRICT

    Board Office Use: Legislative File Info. File ID Number 09-3339 Introduction Date 12-07-09 Enactment Number Enactment Date

    Memo To

    From

    Board Meeting Date

    Subject

    every student. every dassroom. every day.

    Board of Education

    Tony Smith, Superintendent Vernon Hal, Chief Financial Officer

    December 09, 2009

    First Interim Financial Report - Fiscal Year 2009-2010

    Action Requested

    Background

    Recommendation

    Attachments

    Approval by the Board of Education of the First Interim Financial Report and authorization for submittal to the Alameda County Superintendent of Schools as "Qualified" certification based upon the Oakland Unified School District's Fiscal Year 2009-2010 report.

    The California Education Code Sections 42130,43131, (a)(1) , and 43131,(a)(2) , require school districts to prepare a financial and budgetary report for the period ending October 31, of each year. This report must certify whether or not the district is able to meet its financial obligation for the remainder of the fiscal year, and also to meet any mUlti-year commitments.

    Approval by the Board of Education of the First Interim Financial Report and authorization for submittal to the Alameda County Superintendent of Schools as "Qualified" certification based upon the Oakland Unified School District's Fiscal Year 2009-2010 report.

    • Form C 1 - District I nterim Certification • Form 01 - General Fund Summary Revenues Expenditures and Changes in

    Fund Balance • Form 09-67 - All Funds Summary Revenues Expenditures and Changes in

    Fund Balance • Form 11 - Adult Education Fund • Form 12 - Child Development Fund • Form 13 - Cafeteria Special Revenue Fund • Form 14 - Deferred Maintenance Fund • Form 17 - Special Reserve Fund for Other Than Capital Outlay Projects • Form 21 - Building Fund • Form 25 - Capital Facilities Fund • Form 30 - State School Building Lease-Purchase Fund • Form 35 - County School Facilities Fund • Form 40 - Special Reserve fund for Capital Outlay Projects • Form 51 - Bond Interest and Redemption Fund • Form 53 - Tax Override Fund

    www.ouscLk12.ca.u§

    www.ouscLk12.ca.u

  • File ID Number 09-3339 Introduction Date 12-07-09 Enactment Number Enactment Date

    ~ OAKLAND UNIFIED ~ SCHOOL DISTRICT

    • Form 56 - Debt Service Fund • Form 67 - Self-Insurance Fund • Form A 1-Average Daily Attendance • Form CASH - Cash Flow Worksheet • Form 01 CSI - Criteria and Standards • Form MYP1 - Multiyear Projections • Form RL1 - Revenue Limit Summary

    Page 2

  • OAKLAND UNIFIED ~..... SCHOOL DISTRICT

    every tudent. eve.ry cla5sroom. '/:Very day.

    Fir •r ..... •a

    ·sea Year 20 9-2

    Prepared for

    Board of Education Specia eeting

    December 09, 2009

    File ID Number: () q - 33 )'1 Introduction Date: l2 - '1 - 05 En,,'men' Numb." ~

    Enactment Date: 0

    By:

  • Form Cl - District Interim Certification

  • First Interim Oakland Unified DISTRICT CERTIFICATION OF INTERIM REPORT 01612590000000

    Alameda County For the Fiscal Year 2009-10 Form CI

    state-adopted Criteria an

    Signed: ~"---t---I--"---""'R-------- Date: 1 10/09

    action shall be taken on this report during a regular or authorized special meeting of the governing board.

    To the County Superintendent of Schools:

    This interim reem and certiflcation of financial condition are hereby filed by !he ~~:M ofthe school district (Pursuantto EC Section 42131)

    Meeting Date: December 09, 2009

    CERTIFICATION OF FINANCIAL CONDITION

    Signed: P

    ~

    iden! of the Governing Board

    POSITIVE CERTIFICATION As President of the Governing Board of this school district, I certify that based upon current projections this district will meet its financial obligations for the current fiscal year and subsequent two fiscal years.

    X QUALIFIED CERTIFICATION As President of the Governing Board of this school district, I certify that based upon current projections this district may not meet its financial obligations for the current fiscal year or two subsequent fiscal years.

    NEGATIVE CERTIFICATION As President of the Governing Board of this school district, I certify that based upon current projections this district will be unable to meet its financial obligations for the remainder of the current fiscal year or for the subsequent fiscal year.

    Contact person for additional information on the interim report:

    Name: Vernon Hal Telephone: 510-879-4622

    Title: Chief Financial Officer E-mail: [email protected]

    Criteria and Standards Review Summary

    The following summary is automatically completed based on data provided in the Criteria and Standards Review form (Form 01 CSI). Criteria and standards that are "Not Met," and supplemental information and additional fiscal indicators that are "Yes," may indicate areas of potential concern, which could affect the interim report certification.

    Not

    Funded ADA for any of the current or two subsequent fiscal years has not changed by more than two percent since budget adoption.

    Met

    California Dept of Education SACS Financial Reporting Software - 2009.2.0 File: ci (Rev 07/01/2009) Page 1 of 3 Printed: 1218/2009 6:36 PM

  • First Interim Oakland Unified DISTRICT CERTIFICATION OF INTERIM REPORT 01612590000000 Alameda County For the Fiscal Year 2009-10 FormCI

    Not Met Met

    5 and

    Projected enrollment any current or two subsequent years has not changed by more than two percent since buqget adoption.

    Projected revenue limit any current or two ""U'J",,"'''''''''''' years has not changed by more than two percent since buqget adoption.

    requirement Deferred Maintenance for a five-year period from 2008-09 through 2012·13. Therefore, this item has been inactivated for that period.

    occurring adoption meet the req contribution to the ongoing and major maintenance account (Le.• restricted maintenance account).

    AV:::IllaOle reserves for undesignated amounts) meet minimum requirements for the current and two subsequent fiscal years.

    X

    X

    X

    X

    X

    X

    X

    X

    X

    SUPPLEMENTAL INFORMATION No Yes IContingent L.iabilities Have allY known or contingent liabilities (e.g., financial or program I

    audits, litigation. state compliance reviews) occurred since budget i 81

    XI adoption that may impact the budget?

    I

    82 Are there ongoing general fund expenditures funded with one·time I

    to Fund Ongoing Using One·time Revenues

    revenues that have changed since budget adoption by more than five X I percent?

    :

    83

    Expenditures

    .. Temporary Interfund Are there projected temporary borrowings betweell funds? XBorrowings

    Are any projected revenues for any of the current or two subsequent cOntingent Revenues 84 Ifiscal years contingent on reauthorization by the local government, Ispecial legislation, or other definitive act (e.g., parcel tax, forest X ! reserves)?

    Contributions Have contributions from unrestricted to restricted resources, orS5 transfers to or from the general fund to cover operating deficits, changed since budget adoption by more than $20.000 and more than

    I

    I X

    5% for any of the current or two subsequent fiscal years? ii

    California Dept of Education SACS Financial Reporting Software - 2009.2.0 File: ci (Rev 07/01/2009) Page 2of3 Printed: 12/812009 6:36 PM

  • First Interim Oakland Unified DISTRICT CERTIFICATION OF INTERIM REPORT 01 612590000000 Alameda County For the Fiscal Year 2009-10 FormCI

    SUPPLEMENTAL INFORMATION (continlled) ... S6 Long-term Commitments Does the district have long-term (multiyear) commitments or debt

    S7a Postemployment· Benefits Other than Pensions

    i S7b Other Self-insurance

    Benefits

    S8 Status of Labor Agreements

    SS Labor Agreement Budget Revisions

    I S9 Status of Other Funds

    I

    agreements?

    · If yes, have annual payments for the current or two subsequent fiscal years increased over prior year's (200S-09) annual payment?

    · If yes, will funding sources used to pay long-term commitments decrease or expire prior to the end of the commitment period, or are they one-time sources?

    Does the district provide postemploymentbenefits other than pensions (OPE B)?

    · If yes, have there been changes since budget adoption in OPEB liabilities? Does the district operate any self-insurance programs (e.g., workers' compensation )?

    · If yes, have there been changes since budget adoption in self-insurance liabilities? As of first interim prOjections, are salary and benefit negotiations still unsettled for:

    · Certificated? (Section S8A, Line 1 b) · Classified? (Section SSB, Line 1b) · Management/supervisor/confidential? (Section SSC, Line 1b) For negotiations settled since budget adoption, per Government Code Section 3547.5(c), are budget revisions still needed to meet the costs of the collective bargaining agreement(s) for:

    · Certificated? (Section SSA, Line 3) • Classified? (Section SSB, Line 3) Are any funds other than the general fund proj

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