Presented by:

Pam Conklin, SuperintendentTrudy Barrington, Director

February 2020

2751 De Ronde DriveFairfield, CA 94533 Reaching beyond the boundaries to build a community of learners.

Board of Trustees:

Ivery Hood, PresidentRuss Barrington, Vice PresidentJanet Jackson Forbes, ClerkRiitta DeAnda, MemberAdrian Saiz, Member

The Board and staff thank our students for their artwork contributionsto this publication.

Overview of Economy

• Economy and Revenues Strong• Recession recovery in 11th

year• Economy is slowing

though

• Federal stimulus has faded• Interest rates remain low

Governor’s Budget

• New initiatives outside of education:• Green Technology, Housing, Homelessness

• No new facilities dollars

• Continues the “Rainy Day Fund”

LCFF Revenues - COLA Only

LCFF Revenues Factors

Special Education Funding• Governor proposes an

increase in State funding and a revision to the current funding model• Still being discussed by

legislators – watch for now

• Additional funding would help offset increased general fund contribution

• TUSD special education enrollment increasing, while overall district enrollment decreasing• SPED: 656 = 12%• Total District: 5,455

* Enrollment as of CBEDS day 10/2/19

Additional Challenges to the Budget

Multiyear Projections

Multiyear Projections

Multiyear Projections

Multiyear ProjectionsUPDATE to 1st Interim Multiyear Projections to be presented at 2nd Interim

• Declining enrollment for 19-20, with a projected increase for 20-21

• Increase LCFF by revised COLA for 20-21

• Include value of current labor negotiations offer

• District will certify as Qualified

• Use Fund 17 balance for out year expenditures

• Maintain 3% required Economic Uncertainties Reserve

• Current (19-20) plus Year 1 (20-21), but not Year 2 (21-22)

What is Next?

Thank You!

The Board and staff thank our students for their artwork

contributionsto this publication.