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TRANSCRIPT
2015-2016
1
BUDGET DEVELOPMENT PROCESS
Enrollment Projections – Fall 2014
Governor’s Budget Release – January 2015
Enrollment Projections Updated – January 2015
2015-16 Staffing Needs Determined – February 2015
NFT Early Retirement Incentive – March 2015
School Site Plans developed – 2 years with budget
information
2
BUDGET DEVELOPMENT PROCESS
LCFF funding estimated based on Governor’s Budget – Feb 2015
Input for development of LCAP – ADCO – Feb 2015
LCAP Survey distributed – March 2015
LCAP Community Meeting – March 2015
Site Budgets developed – April 2015
Position Control roll – April 2015
3
BUDGET DEVELOPMENT PROCESS
Governor’s May Revise – May 2015
Draft LCAP to Board – May 2015
Preliminary LCAP – June 16, 2015
Preliminary Budget – June 16, 2015
LCAP Board adoption – June 23, 2015
Budget Board adoption – June 23, 2015
August 15, 2015 – 45 day Budget Revision
4
BUDGET DEVELOPMENT PROCESS
2015-2016 Budget and Local Control Accountability Plan
(LCAP) Calendar
Click to Launch
5
MULTI-YEAR PROJECTIONS FISCAL YEARS 2015-2016
AND 2016-2017 BUDGET ASSUMPTIONS
DOF GAP funding LCFF (net/decline) 32.19% (2015-2016) and 23.17% (2016-2017)
Effective increase in total LCFF
Funding with decline in ADA 6.14% (2015-2016) and 2.91% (2016-2017)
Estimated Enrollment 7,675 (2015-2016), 7,595 (2016-2017)
Estimated NUSD P2 ADA 7,390.26 (2015-2016), 7,310.26 (2016-2017)
Funded ADA NUSD (Prior Year) 7,470.46 (2015-2016) and 7,390.26 (2016-2017)
Plus NUSD ADA transfer to MCOE 63.42 ADA (2015-2016 & 2016-2017)
State Revenues Zero COLA; removal of all one-time revenue
Federal Revenue Zero COLA; removal of all one-time/carryover
Local Revenues Removed all one-time revenues/expenditures
6
MULTI-YEAR PROJECTIONS FISCAL YEARS 2015-2016
AND 2016-2017 BUDGET ASSUMPTIONS
Changes in Enrollment (87) 2015-2016 and (80) 2016-2017
Staffing Changes (4 FTE) 2015-2016 and (2 FTE) 2016-2017
Certificated Step/Column Increase 1.5% Increase
Classified Step Increase 2% Increase
Retirement Incentive $100,000 (2015-2016) and $100,000 (2016-2017)
Payroll Related Costs New STRS/PERS Rates
Health/Welfare New Rates/Employer Cap
Increase (payroll/HW costs) 9.27% (2015-2016) and 7.83% (2016-2017)
Books/Supplies Removed carryover 2%
Operating Expenditures Removed carryover 5%
Capital Outlay None budgeted
Indirect Cost Rate 5%
Contributions/Restricted Programs 5% Increase
Reserve for Economic Uncertainty 3% Reserve
7
Funded ADA 7,533.88
Base Grant $54,834,461
Supplement Grant $2,770,924
English Learners
Low Income 38.3%
Foster Youth
Concentration Grant $0
Must have more than 55% underserved
8
LOCAL CONTROL FUNDING FORMULA (LCFF)
2015-2016
2015-2016 PROJECTED ENROLLMENT School K 1 2 3 4 5 6 7 8 9 10 11 12 Total
Hamilton 65 57 95 82 89 93 60 56 62 659
Loma Verde 75 55 78 65 49 66 388
Lu Sutton 65 57 49 52 51 44 318
Lynwood 50 44 44 53 71 66 328
Olive 60 49 45 46 72 57 329
PV 95 89 81 88 86 83 522
Rancho 80 67 77 86 93 83 486
San Ramon 75 72 73 84 84 75 463
San Jose 285 265 257 807
Sinaloa 276 296 295 867
Novato 358 353 314 287 1,312
San Marin 242 277 242 267 1,028
Marin Oaks 4 10 16 30 60
Nexus 3 3
NOVA 2 8 20 30 60
NPS 3 1 6 3 4 6 6 4 12 45
Total (2015-2016) 565 490 542 556 598 568 627 620 621 612 654 596 626 7,675
2014-15 CALPADS 595 542 556 602 560 595 604 622 599 646 600 627 614 7,762
Change -30 -52 -14 -46 38 -27 23 -2 22 -34 54 -31 12 -87
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2015-2016 PROJECTED P2 & FUNDED ADA
2014-2015 P2
(Projected) 2015-2016 P2
(Projected)
2015-2016 NPS, CDS & COE
(Projected)
2014-2015 Funded ADA
(Projected)
Grade Span
Grades TK-3 2,210.31 2,076.26 11.61 2,221.92
Grades 4-6 1,697.08 1,730.06 23.56 1,720.64
Grades 7-8 1,172.44 1,196.91 16.09 1,188.53
Grades 9-12 2,343.93 2,340.33 58.86 2,402.79
Total 7,423.76 7,343.56
Change From Prior Year (80.20)
Declining or Increasing ADA Decline
Total ADA 7,423.76 7,343.56 110.12 7,533.88
The State allows for districts to use the higher of current year or prior year ADA. Current year ADA attributed to NPS (Non Public Schools) and County Operated Programs, COE (County Office of Education) and CDS (Community Day School) is added on and included in the total "funded ADA".
$54,270,821
$3,464,520
$2,501,818
$11,185,221
Projected Revenues 2014-2015
LCFF/Revenue Limit
Sources
Federal Revenues
Other State Revenues
Other Local Revenues
11 Combined Total Projected Revenue: $71,422,380
$57,605,385
$2,950,000
$1,911,865
$10,410,364
Estimated Revenues 2015-2016
LCFF/Revenue Limit
Sources
Federal Revenues
Other State Revenues
Other Local Revenues
12 Combined Total Projected Revenue: $72,877,614
$59,279,343
$2,950,000
$1,911,865
$10,410,364
Projected Revenues 2016-2017
LCFF/Revenue Limit
Sources
Federal Revenues
Other State Revenues
Other Local Revenues
13 Combined Total Projected Revenue: $74,551,572
14
LCFF FUNDING
$52,383,105
$54,834,461 $56,062,976
$1,887,716
$2,770,924
$3,216,367
2014-15 2015-16 2016-17
Supplemental
Grant
Base Grant
$59,279,343
$57,605,385
$54,270,821
Certificated Salaries $34.5 M 46.7%
Classified Salaries $11.0 M 14.9%
Benefits $13.6 M * 18.3%
Books and Supplies $ 3.5 M 4.8%
Services $ 9.5 M 12.8%
Capital Outlay $ 0 M 0.0%
Other outgo/transfers $ 1.9M 2.5%
Projected Total $ 74.0 M 100.0%
*Includes PERS/STRs increase of $519,979
15
GENERAL FUND EXPENDITURES 2015-2016 PROJECTED
16
STRS Projected Increase
2014-2015 $2.98 M
Rate 8.8%
2015-2016 $3.33 M
Rate 10.73% Increase: $350,331
2016-2017 $4.01 M
Rate 12.58% Increase: $679,211
PERS Projected Increase
2014-2015 $1.1 M
Rate 11.77%
2015-2016 $1.2 M
Rate 12.6% Increase: $113,014
2016-2017 $1.4 M
Rate 15.0% Increase: $293,651
STRS/PERS INCREASES
17
STRS/PERS INCREASES
CalPERS Actual and Projected Rates
2014-15 Projected
2015-16 Projected
2016-17 Projected
2017-18 Projected
2018-19 Projected
2019-20 Projected
2020-21 Projected
11.771% 12.6% 15.0% 16.6% 18.2% 19.9% 20.4%
CalSTRS Rates per Education Code Sections 22901.7 and 22950.5
2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21
Employer 8.88% 10.73% 12.58% 14.43% 16.28% 18.13% 19.1%
Member (2% at 60)
8.15% 9.20% 10.25% 10.25% 10.25% 10.25% 10.25%
Member (2% at 62)
8.15% 8.56% 9.205% 9.205% 9.205% 9.205% 9.205%
OTHER STATE FUNDING 2015-2016
Governor’s Proposed Budget provides for mandated costs
funding $1,356,286
These are new dollars for 2015-2016 budget
Suggested Use is Common Core
2013-2015 Common Core Funding $1,568,112
Two year Program
Professional Development, Instructional Materials,
Technology
All funds will be fully expended by June 30, 2015
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19
COMMON CORE STATE STANDARD IMPLEMENTATION FUNDING
2013-2014 & 2014-2015 EXPENDITURES
2013-2014
Actuals
2014-2015
Projected Total
Professional Development $207,243 $282,110 $489,353
Instructional Materials $471,701 $235,773 $707,474
Technology $187,856 $183,429 $371,285
Total $866,800 $701,312 $1,568,112
Mandated Costs – suggested use was Common Core
Implementation
Total received $502,687
Funded Wireless Project – summer of 2015
Total cost $1,097,048
Funded with Mandated Costs $502,687
Funded with GF Ending Balance $594,361
One time project
20
MANDATED COSTS/COMMON CORE FUNDING
2014-2015
LOCAL CONTROL
ACCOUNTIBILTY PLAN
DRIVES
NUSD BUDGET
PRIORTIES
21
22
Goal #1
Instructional Coaches
Goal #2
Reduced Class Size –
Grades 4 & 5
Goal #3
Professional Development
Goal #4
Tech Mentor Stipends
Supplemental LCFF
Supplemental LCFF
Base Grant - LCFF
Base Grant - LCFF
LCFF FUNDS
23
Goal #5
Salaries and benefits
Goal #6
Maintenance of facilities
Goal #7
Community Liaisons
Goal #8
Community Liaisons
LCFF Base grant
LCFF Base Grant
LCFF Supplemental Grant
LCFF Supplemental Grant
LCFF FUNDS
24
Goal #9
Subsidy FANS services
Goal #10
Consultants – EL
LCFF Base Grant
LCFF Supplemental Grant
LCFF FUNDS
25
2014-2015 2015-2016
National Equity Project $100,000
ELD Teacher (1 FTE) - Hill Ed Center $65,000
Social/Emotional/Crisis Counselors (School Based-Non Academic) TBD
Instructional Coaches (6 FTE) (3 Elementary/3 Secondary) $593,571 $550,402
Camp University $45,037 $84,800
Kevin Clark - ELD Program $87,000
Career Counseling for Middle Schools TBD
English Learner (EL) Coordinator (1 FTE) $118,897
Community Liaisons $214,542 $218,833
CURRENT AND FUTURE NEEDS OF NUSD
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CURRENT AND FUTURE NEEDS OF NUSD (CONTINUED) 2014-2015 2015-2016
Bilingual Tutors TBD
Spanish Classes (all students) Elementary TBD
Preschool at all Elementary Sites Outside Agency
Cost Outside Agency
Cost
Step & Column Increases 1.5-2% 1.5-2%
Salary Increase $1,936,445 TBD
Health Benefits Adjustments (Result of the Affordable Care Act/ACA) TBD
Facilities Improvement - General Fund Cost $1,097,048
(Wi- Fi Project) Fund 14, 21, 40
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MULTI-YEAR PROJECTIONS
COMBINED GENERAL FUND
FISCAL YEARS 2015-2016 & 2016-2017
2014-2015 2015-2016 2016-2017
Revenue $71,422,380 $72,877,614 $74,551,572
Expenditures $76,070,069 $73,886,284 $75,271,859
Net Increase (Decrease) in Fund Balance ($4,647,689) ($1,008,670) ($720,287)
Beginning Fund Balance, July 1 $17,792,593 $13,144,904 $12,136,234
Projected Ending Fund Balance, June 30 $13,144,904 $12,136,234 $11,415,947
FUND BALANCE
Goal is 15%
Budgeted End Fund Balance (EFB) at June 30, 2015 --- 17.2%
Proposition 2
Requires disclosure of components of Ending Fund Balance and
Designations
Could require a EFB of no greater than 6% if triggers are pulled
Budgeted deficit spending of <$4,647,689> will not be realized due
to site and department carryovers of approximately $2 million
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10-YEAR HISTORY OF REVENUE, EXPENSES AND FUND BALANCE
UNRESTRICTED GENERAL FUND
Unrestricted 2004-2005 2005-2006 2006-2007 2007-2008 2008-2009 2009-2010 2010-2011 2011-2012 2012-2013 2013-2014
Revenue $41,290,427 $42,753,509 $48,622,905 $47,650,670 $46,766,924 $44,864,439 $46,935,876 $46,696,612 $47,334,188 $52,505,358
Expenditures $34,247,462 $36,234,512 $39,055,747 $38,726,702 $38,500,988 $37,868,434 $40,128,137 $39,973,493 $41,592,410 $44,989,378
Excess/Deficiency $7,042,965 $6,518,997 $9,567,158 $8,923,968 $8,265,936 $6,996,005 $6,807,739 $6,723,118 $5,741,778 $7,515,980
Trans In $73,277 $16,848 $349,794 $600 $0 $1,256,646 $0 $30,000 $0 $0
Trans Out -$203,775 -$152,855 -$72,855 -$172,117 -$72,855 -$146,173 -$179,704 -$1,708,532 -$521,259 -$375,484
Sources $0 $0 $0 $0 $0 $0 $0 $0 $0
Contributions -$6,008,894 -$6,211,065 -$6,800,750 -$7,633,245 -$5,847,939 -$5,192,448 -$6,149,723 -$5,983,655 -$5,392,314 -$6,883,700
Total, Trans In/Out,
Sources/Uses &
Contributions -$6,139,392 -$6,347,072 -$6,523,811 -$7,804,763 -$5,920,794 -$4,081,975 -$6,329,427 -$7,662,187 -$5,913,573 -$7,259,184
Net Increase/
Decrease $903,573 $171,925 $3,043,347 $1,119,206 $2,345,142 $2,914,030 $478,312 -$939,069 -$171,795 $256,796
Beg. Fund Balance $3,964,917 $4,769,566 $4,941,491 $7,984,838 $8,980,764 $11,325,906 $13,690,618 $14,168,930 $13,229,861 $13,058,066
Audit Adjustment -$98,925 $0 $0 -$123,279 $0 -$549,318 $0 $0 $0 $0
Ending
Fund Balance $4,769,566 $4,941,491 $7,984,838 $8,980,764 $11,325,906 $13,690,618 $14,168,930 $13,229,861 $13,058,066 $13,314,862
Total Exp+Outgo $40,386,854 $42,581,583 $45,579,558 $46,531,464 $44,421,782 $41,950,409 $46,457,564 $47,635,681 $47,505,983 $52,248,562
Percent Reserve
(URGF) 11.81% 11.60% 17.52% 19.30% 25.50% 32.64% 30.50% 27.77% 27.49% 25.48%
Percent of Reserve
(GF) 11.06% 13.21% 20.17% 21.74% 26.53% 27.78% 26.68% 24.12% 24.32% 26.84%