Larkspur-Corte Madera School District

DRAFT GENERAL FUND BUDGET2012-13

April 25, 2012

Where do our assumptions come

from?State Government• Governor • Legislative Analysts Office• Department Of Finance

Education Coalition• CTA, CSBA, ACSA, CASBO Financial Advisors/Overseers • School Services of California• Marin County Office of Education• County of Marin – Assessor, Treasurer

Board/Staff Input• Board Policy• Staffing formulas• Trend Analysis

Major Budget Categories

1000 – Certificated Salaries (teachers, admin)2000 – Classified Salaries (secretaries, custodians, paraprofessionals, support staff)3000 – Benefits (statutory deductions, h/w cap, retirees)4000 – Materials & Supplies5000 – Services & Contracts6000 – Capital Outlay7000 – Other outgo, financing uses, etc8000 - Revenue

1000 – Certificated Salaries

Certificated Salaries

Teachers/SpecialistsOther Ad-justmentsAdministration

KEY ASSUMPTIONS

INCLUDES:• Classroom teachers and

specialists• Other Adjustments (stipends,

subs, extra duty)• Administration (Principals/AP,

Superintendent, Directors)

Draft 1 adds 1 .4 FTE for growth and VAPA coaching shift.

Only Step and Column, no COLA.

New Hires budgeted at highest allowed per LCMTA contract.

2000 – Classified Salaries

Classified Salaries

Admin SupportInstructional SupportClassified ManagementClassified SupportExtra Duty, subs, etc

KEY ASSUMPTIONS

Includes:• Admin Support (Secretaries, Admin

Assists, Health Aide, Courier)• Instructional Support (Classroom

Aides, Paraprofessionals)• Classified Management (Business

Manager, VAPA Coordinator, Facilities Director)

• Classified Support Staff (Custodians/Maintenance, Yard)

• Extra Duty, subs, etc.

Step increases only, no COLA

All mid-year hires from prior year adjusted to full year.

No classified staffing adds in this draft.

3000 - Benefits

STRSPERSOASDIMedicareSUIWorkers CompH/WOther

KEY ASSUMPTIONS

STATUTORY BENEFITS (Employer costs)

o STRS (Certificated) – 8.25%o PERS (Classified) – 11.2%

(11.81 at 6 pm Tues)o FICA (classified) – 6.20%o Medicare – 1.45%o SUI (decrease) – 1.10% o Worker’s Comp - .712% (rate

increase to .985% at 3 pm Tues)

HEALTH/WELFARE Cap at $8393

OTHERRetiree benefits

4000 – Materials & Supplies

Books & Reference MaterialsMaterials & SuppliesNon-Capital-ized Equip-ment

KEY ASSUMPTIONS

Books and Reference Materials Materials & Supplies

Maintenance/CustodialVAPATechnology

Non-capitalized EquipmentLast year – 3 year Apple

contractTechnology

5000 – SERVICES & CONTRACTS

Workshops/Conferences

Insurance

Utilities

Maintenance Contracts

Rents, Leases & Repairs

Employment Costs

Audit fees, legal, etc

Outside Contractors

KEY ASSUMPTIONS

Major operating costs including but not limited to:• Workshops/Conferences• Insurance• Utilities• Maintenance Contracts (Copiers,

Lycee lease agreement-last yr, maintenance)

• Repairs,Rents,Leases - Maintenance• Employment costs (advertising,

fingerprinting)• Audit fees, Election costs, Legal fees• Outside Contractors - Contracts for

professional development and other outside agency services including MCOE financial system, internet access, web site maintenance, Special Ed Mandates.

7000 – Other Financing Uses

Other OutgoInterfund TransfersDirect/Indirect Costs

KEY ASSUMPTIONS

Other Outgo• Special Education Excess Cost

Billback• Special Education Transportation

Interfund Transfers• To Deferred Maintenance

Direct/Indirect Costs

8000 - Revenue

Property Taxes/Rev LimitFederal RevenuesState RevenuesLocal RevenueSPARK

KEY ASSUMPTIONS

Property Taxes/Revenue Limit• 1.5% growth from prior year• ADA=Moderate level, demographer study

Federal Revenue• Includes Pre-school, no ARRA

State Revenue• Maintains flexibility provisions • Includes “Basic Aid Fair Share” reduction

reflected in CSR• Increased Mental Health to cover

additional costs for shift of services from County to school districts.

Local Revenue• Parcel Tax with 5% inflator

SPARK• Increased Base Commitment per on-

going budget development meetings

BOARD RESERVES

• State Required ( 3%)

• Board Policy (+3% - twice the state required at a minimum)

Assumptions of Note2013-14 and 2014-15

2014-15REVENUES2% COLA applied to State Categoricals per SSC

EXPENDITURESAdds 1 FTE Classified staff (custodian for new site)Includes only Step and ColumnKeeps in Election costs Includes second1/3 of 3-year technology plan projected (iPads).

2013-14REVENUES100% reduction of Lycee lease revenue beginning this yearLast year for Marin Community Foundation Grant2% COLA applied to State Categoricals per SSC100% reduction of Home-to-School Transportation funding

EXPENDITURESAdds 1 FTE Certificated staffIncludes only Step and ColumnAdds Election costs Includes 1/3 of 3-year technology plan projected (iPads)Increase to Special Ed Transportation due to 100% reduction of funding

RESERVESAdds estimated effect of failure of Tax Initiative/s

What’s still hanging out there?

Weighted Student Formula• Anyones guess!

Tax Initiatives• Of the two remaining which one (if any) will

pass?

NEXT STEPS

May Revise (announced by May 15, SSC workshop May 21)• Latest on economic/political “landscape”

Staffing Updates• Actual costs of new hires (salary schedule

placement)

Final rates for employer payroll costs, property & liability insurance e.g.• Usually firmed up by mid-late May