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Budget Update
October 18, 2018
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The “Silent Recession” (Krausen and Willis, 2018)
“Despite projected increases in state and local education funding between 2017/18 and 2021/22 California school districts face fiscal pressures that threaten to destabilize school district budgets and force reductions in services to students.”
After adjusting for inflation, schools are now only receiving 2007-08 levels of funding.
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2018-19
Proposed General Fund RevenueSummary
Local Control Funding Formula
85%
Federal Revenue 4%
Other State Revenue
10%
Other Local Revenue
1%
The State Provides 95% of BUSD’s $156.5 Million in Funding
Note: We receive less than $2.4 million from Lottery funding.3
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District Contribution to Employee Retirements
2,232 2,443 2,629 3,4023,927 4,650 5,266
6,0104,786 5,535
7,0798,987
10,37911,891
13,43214,168
2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21
DISTRICT CONTRIBUTIONPERS STRSMillions $
An Increase of $13.16 million
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$7,018
$20,178
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….. 2017-18 Unrestricted
2018-19Unrestricted
2019-20 Unrestricted
2020-21Unrestricted
Total LCFF Funding 2,909,737 8,393,191 4,202,523 3,630,758
Less Cost for:STRS (retirement) 1,359,778 1,401,898 1,396,236 741,813
PERS (retirement) 423,202 682,994 747,612 750,688
Step/Column 1,454,130 1,501,538 1,501,538 1,501,538
Class size reduction /Dual Imm
160,000 80,000 -0- -0-
Staff 2% Increase -0- 3,740,728 1,870,364 1,870,364
Contribution Chg: Restricted Maint, Child CareSpecial Ed
-0-634,693
258,044307,791
77,388-0-
390,000
934,007-0-
LCAP Supplemental 19,043 146,940 581,416 967,851
LCFF Balance (1,141,109) 273,258 (2,362,031) (3,135,503)
LCFF 2018-19 New Base Dollars and New GF Expenditures
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Solution: Districts Only Have Three Options
1. Maximize restricted dollars (Local Control Funding Formula – Supplemental & Concentration Funding)
2. Secure local funding via foundation grants and/or local parcel taxes
3. Raise class sizes, cut programs and services for students, or freeze compensation increases
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BUSD Receives Less Funding than Surrounding Districts
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2018-19
Proposed General Fund ExpenditureSummary
88% of the budget is for employee compensation
Certificated Salaries
48%
Classified Salaries 17%
Employee Benefits
23%
Books and Supplies
2%
Services & Other9%
Capital & Other1%
Expenditures
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Chart1
Certificated Salaries
Classified Salaries
Employee Benefits
Books and Supplies
Services & Other
Capital & Other
Expenditures
Transfers -2%
Other Sources 1%
75778253
26985158
36297348
3798120
13552411
2028217
Sheet1
Expenditures
Certificated Salaries$75,778,25348
Classified Salaries$26,985,15817
Employee Benefits$36,297,34823
Books and Supplies$3,798,1202
Services & Other$13,552,4119
Capital & Other$2,028,2171
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Burbank Unified School DistrictThree Year Increase in Maximum Salary for Teachers with Credentials
0
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4
6
8
10
12
14
16
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20
Baldwin Park
Burbank
Q3Q2Q1 Q4
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Measure QS – If it passes…Ballot Language: “To attract and retain quality teachers and staff, provide local funding to maintain low class sizes, expand college and career courses, increase mental health support, expand instruction in science, technology, engineering, arts and math programs, shall the Burbank Unified School District levy 10 cents per square foot of improved property annually, providing approximately $9,000,000 in annual local funding the state cannot take away until ended by voters, with senior citizen exemptions and independent oversight/audits?”
Independent Community Oversight Committee would review the budget each year as well as independent audits on expenditures. Sample budget can be found here: https://legistarweb-production.s3.amazonaws.com/uploads/attachment/pdf/184867/Parcel_Tax_050918.pdf
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https://legistarweb-production.s3.amazonaws.com/uploads/attachment/pdf/184867/Parcel_Tax_050918.pdf
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Measure QS – If it fails…We will need to begin to cut at least $2.5M
to address our structural deficit
• Potential reductions:• Teacher Professional Development• Assistant Principals• Elementary Music• Middle and High School Arts• College and Career Courses (i.e., Animation, Retail Management,
Stage Tech, etc.)• Gifted and Talented Education (GATE) program• Elementary PE program
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Questions/Comments?
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Budget Update��October 18, 2018The “Silent Recession” (Krausen and Willis, 2018)2018-19 ��Proposed General Fund Revenue�Summary ��District Contribution to Employee RetirementsSlide Number 5Slide Number 6Slide Number 72018-19 ��Proposed General Fund Expenditure�Summary ��Burbank Unified School District�Three Year Increase in Maximum Salary for Teachers with CredentialsMeasure QS – If it passes…���Measure QS – If it fails…�We will need to begin to cut at least $2.5M�to address our structural deficitSlide Number 12