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Fiscal Year 2005 Budget

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					    Oakland Schools Budget
    Presentation 2010-2011
    May 5, 2010




1
    Doing More with Less

       Primary goal is to retain core services to our
        local school districts

       District demand for ISD services is growing in
        many areas

       Revenue to the ISD continues to decrease in
        all funds

2
    Key Factor in Budget Development


     Local School District Funding
       –   Student count & Foundation Allowance (70%)


     Intermediate School District Funding
       –   Revenue based primarily on property taxes (90%)




3
    Property Tax Forecast

     Property Tax decreases
              Fiscal Year 2008-09               -0.5% - $ 0.4M
              Fiscal Year 2009-10               -4.5% - $ 11.7M
              Fiscal Year 2010-11               -13% - $ 38.4M
              Fiscal Year 2011-12               -12% - $ 59.8M
              Fiscal Year 2012-13               -5.0% - $ 67.6M
              Fiscal Year 2013-14               -0.0% - $ 67.6M
              Fiscal Year 2014-15                2.0% - $ 64.7M

    Annual Property Tax Collection has declined from FY 2009 to FY 2014 by 31%
    Accumulative loss from FY 09 to FY 15 is $310.3M
    FY 2008 base year tax levy is $216.9M

4
      Oakland Schools Property Tax Revenue

                           221.0
                           211.0
                           201.0                                         FY 2007-08 Property Tax Level
                           191.0
                           181.0
                           171.0
                           161.0
                           151.0
                           141.0
                           131.0
                           121.0
                            111.0
                           101.0
                             91.0
                             81.0
                             71.0
                             61.0
                             51.0
                             41.0
                             31.0
                             21.0
                             11.0
                              1.0
                                    FY 0 9     F Y 10     F Y 11       F Y 12      F Y 13      F Y 14      F Y 15

    GEF                              12 .9      12 .2      10 .6        9 .3        8 .9        8 .9        9 .0
    SEF                             16 3 .6    155.0      13 4 .9      118 .7      112 .8      112 .8      115.0
    C F EF                          4 0 .0     3 8 .0      3 3 .0       2 9 .1     2 7.6       2 7.6       2 8 .2
    T o t al ( F lat F Y 0 8 )      2 16 .9    2 16 .9    2 16 .9      2 16 .9     2 16 .9     2 16 .9     2 16 .9
    Lo ss ( C Y vs F Y 0 8 )        ( 0 .4 )   ( 11.7)    ( 3 8 .4 )   ( 59 .8 )   ( 6 7.6 )   ( 6 7.6 )   ( 6 4 .7)
    A ccumulat ed Lo ss             ( 0 .4 )   ( 12 .1)   ( 50 .5)     ( 110 .3 ) ( 177.9 ) ( 2 4 5.5) ( 3 10 .2 )

5   T o t al C Y T ax R ev.         2 16 .5    2 0 5.2    178 .5       157.1       14 9 .3     14 9 .3     152 .2
                                                Dollars in millions
    State Aid Reductions

    General Education:
       Section 81 14.5% reduction ($500,000)
    ($1.7M) decrease from FY 2009

    Special Ed & Career Focused Ed
       Held flat from prior year
    ($608,564) decrease from FY 2009


6
    Cost Containment Reductions & Measures in
    Response to Declining Revenue


       Continued health insurance premium share
       FY 2010 & 2011 salary freeze
       Five (5) unpaid furlough days for all employees (approx.
        2% wage decrease)
       Salary reduction in 2012 by 3% for three years
       Attrition, Voluntary Employee Sick Leave Program
        (VESLPP) and workforce reductions – 105.5 FTE
        reductions
       Continued planned spend down of fund equity to 5%


7
    Cost Containment Reductions & Measures in
    Response to Declining Revenue



       Reduction in travel & other purchased services
       Reduced supply budgets
       Lower contractors’ pay rates
       Less frequent equipment replacement
       Lease consolidation
       Lower energy consumption



8
     Oakland Schools,
     Current Benefit Plan Summary


    January 2010 - Non-union
       –   Community Blue PPO, employees premium share ranging up to 4.5%
       –   Flexible Blue, employee paid bonus and H.S.A. contribution
       –   Prescription co-pay changes from $10/$20 to $5 Generic and $30 Brand
       –   Spousal surcharge raised to 6% of two person cost

    July 2010 - Union
       –   6% cap in place – year to year carry-over
       –   MESSA Choices
       –   Prescription benefit $10 generic and $20 brand name
       –   Office visits $5 co-pay
       –   Current contract expires June 30, 2011



9
              Oakland Schools
              Financial Impact of Benefit Plan Changes
                    Savings Over Five Years = $ 5,387,820
                                                                                                                                                   Annual Cost
         Data Source:                                                                                                                             If No Changes
      McGraw Wentworth                                                                                                            $ 6,764,089
   Analysis of Actual Results                                                                         $ 6,093,774
                                                                           $ 5,491,541                                            $1,348,655
                                                 $ 4,948,988                                                                                    Oakland Schools
                      $ 4,656,274                                                                    $ 1,628,613                                Annual Savings
$ 4,524,888                                                                $ 1,240,573
                                                  $ 931,342
                       $ 238,637
                                                                                                                                                   Oakland
                                                                                                                                                   Schools
                                                                                                                                                  Annual Cost

$ 4,524,888           $ 4,417,109                 $ 4,017,646              $ 4,250,968              $ 4,465,160                   $ 5,415,434



   Enrolled                Enrolled                   Enrolled                   Enrolled                 Enrolled                  Enrolled
     405                     397                        400                        405                      402                       388


   2005                      2006                      2007                      2008                      2009                      2010
   Note: 1. Enrollment is noted at the bottom of each bar with 2010 cost at 1/1/2010 level (anticipated to change in June 2010)
         2. Cost with no changes based on 11% annual rate of increase (most projections range from 7% to 13%)
         3. 2010 savings based on actual 2010 BCBS rate renewal (no credit / adjustment for Risk Related Fund)
     Over 94% of Oakland Schools Budget is
     Spent on Services to Local Districts


                                                  FY 2011 Proposed –
                                         5.19%       $314.1 Million




      94.81%




               Transfers to LEAs & Direct Program Support - $297.8M

               ISD Operations - $16.3M


11
     About those services to LEAs

        Services are prioritized by local superintendents and
         their staff through a survey done every 3-4 years.
        Usage data from District Service Report
        Feedback on services is collected annually from each
         referent group (HR, finance, instruction, technology,
         etc.)
        Input to Oakland Schools – Continuous Improvement
         Plan



12
     Oakland Schools
     Programs & Services




      Highlights from 2008/2009 District Service Report




13
         Professional Development
         and Instructional Services

        More than 55,000 participants attended 2,100 ISD and
         regional events
        Pearson Benchmark used by 26 districts and Inform by 27
         districts with 50% subsidy from ISD
        616,000 assessments administered (up from 213,000 last
         year)
        3,644 Special Education students received direct services




14
         Professional Development
         and Instructional Services

        $1,970,200 worth of materials provided to students with
         special needs
        Homeless/Wraparound served 1,270 students
        1,345 Back to School (increase of 300) and 1,029 truant
         students (decreased of 164) served
        $21,871,847 saved by districts who sent students to the
         Career Technical Campuses



15
     Technical Campuses
     Cluster Enrollment 2009-2010

                 6%          15%
            8%                                           Transp. Tech - 15%
                                                         Health Science - 17%
       8%                                                EET - 11%
                                                         BMMT - 13%
                                     17%
                                                         Cosmetology - 10%
      12%                                                Culinary Arts - 12%
                                                         Constr. Tech - 8%
                                                         Agriscience - 8%
        10%                      11%                     Visual Imaging - 6%
                      13%
                       1st semester enrollment - 3,070

16                     2nd semester enrollment – 2,928
         Technology, Business and Operational
         Services

        SPAM filtering blocked more than 1.2M SPAM emails/day
        Student information system (Zangle) saved $56,795 each for 15
         districts totaling $851,925
        AMS Business/Finance/HR application saved 6 districts $85,797
         each, totaling $514,782
        Tech Services fielded and resolved 21,600 technical assistance
         calls from local districts
        Transportation collaboration helped reduce Special Education bus
         mileage by 295,478 miles with an estimated savings to 26 school
         districts of $2.2M. Summer route collaboration saved an additional
         $35,696 and 7,072 miles.




17
         Technology, Business and Operational
         Services

        $3.1M volume of cooperative purchases in Oakland County;
         participated in more than $12.4M of purchases in statewide
         competitive bids
        Production Printing & Graphics produced 11.4M copies (up from
         1.8M) at reduced cost and free delivery to local districts
        Local districts received $5,356,447 through Medicaid Fee for
         Service revenue
        Fee for service support to Brandon, Clawson, Madison, Oak Park,
         Pontiac, Southfield and South Lyon
        Technical Campus Student Enrollment
          –   1st semester enrolment 3,070
          –   2nd semester enrollment 2,928



18
         Program Highlights in the Proposed
         2010-2011 Budget

        Alternative high school program in Southwest
         Quadrant (under study)
        Resources for formative student assessments
         aligned to state standards
        Maintaining resources for schools at risk
        Atlas-Rubicon West, curriculum management
         system - $139,000
        More external service staff placed in LEAs upon
         request


19
         FY 2010-11 Budget Highlights
         Program Support & Subsidies

        Continuation of Benchmark/Inform subsidy - $500,000
        Expanded Math and Science support - $550,000
        Targeted Schools
        Refugee Program - $100,000 for 3 years
        $19.3m for direct instruction of 3,000 students in high-
         end/high-tech programs at the Technical Campuses
        Regional CTE program support - $2.5m
        CFE Transportation Reimbursement - $2m


20
         FY 2010-11 Budget Highlights
         Program Support & Subsidies


        Regional Procurement Process (cooperative contract network
         with over $10.4 million of annual usage)
        AMS, Zangle, ONE Network technical support
        Provide Special Education PA-18 funding and support -
         $137.5M (decreased by $8.8m from FY 2010)
        Beverage Consortium
        Transportation Improvement Association (TIA)
        Inter-district mail services
        Tri-County Alliance




21
     Overview of Fiscal Year 2010-11




           Oakland Schools Proposed Budgets


22
     Fund Balance Target Setting Protocol

         The proposed protocol for the development of each fund’s
         year ending fund balance target will be predicated upon:
                 5 percent of the operating programs contained in said fund
                 Known economic liabilities or designated reserves of a specific
                  fund
     The fund balance target setting protocol recognizes the following
       economic realities:
         –   The State of Michigan’s economic environment
         –   The economic status of the LEAs that comprise the Intermediate
             School District.
     Oakland Schools Board of Education approved the Protocol on 6/15/2009

     Practice for the Special Education Fund is to distribute the amount in
     excess of the target unreserved fund balance.
23
     Oakland Schools
     Total Revenue Summary

          29%

     1%               6%
     6%
                               FY 2011 $323.9 Million
     3%



                                     Property Tax Revenue - $178.6
                                     State Revenue - $9.0
                                     Other Local Revenue - $20.7
                55%                  Other Financing Sources - $1.9
                                     New Grant Award Funding - $94.5
                                     Est. Grant C/O - $19.2


24                    Dollars in millions
     Revenue Assumptions

        Property tax revenue decrease of 13%
        Expected investment rate of return is 1.5% on available
         resources
        Increased local district utilization of our Finance, Human
         Resource application, Benchmark & Inform system and
         Novanet fee-based software system.
        General Education Section 81 reduced by 14.5%
        All other State Aid held flat



25
     Oakland Schools Fiscal Year 2011
     Total Expenditure Budget by Type


           20.5%           5.7%
                               0.3%
                                3.2%        $351.7 Million
                                   3.4%
                                    2.8%
                                          0.8%

                                                 Transfers to LEAs - $222.6
                                                 Salaries & Benefits - $72.2
                                                 Purchase Services - $20.0
         Cash to LEAs                            Utilities - $1.2
                                                 Supplies, Materials, Dues & Fees - $11.3
                                                 JobLink Program - $11.8
                                                 Capital Outlay & Other - $9.9
                   63.3%
                                                 Transfers to Other Funds - $2.7

26                         Dollars in millions
     Difference between Revenue & Expenditures


     Total Difference: $27.8 Million

        Capital Projects Funds $(10.9M)
        Debt Service payments $(5M)
        Special Education Fund $(11.0M)
        All other funds $(.9M)


27
              Oakland Schools
              Financial Impact of Benefit Plan Changes
                    Savings Over Five Years = $ 5,387,820
                                                                                                                                                   Annual Cost
         Data Source:                                                                                                                             If No Changes
      McGraw Wentworth                                                                                                            $ 6,764,089
   Analysis of Actual Results                                                                         $ 6,093,774
                                                                           $ 5,491,541                                            $1,348,655
                                                 $ 4,948,988                                                                                    Oakland Schools
                      $ 4,656,274                                                                    $ 1,628,613                                Annual Savings
$ 4,524,888                                                                $ 1,240,573
                                                  $ 931,342
                       $ 238,637
                                                                                                                                                   Oakland
                                                                                                                                                   Schools
                                                                                                                                                  Annual Cost

$ 4,524,888           $ 4,417,109                 $ 4,017,646              $ 4,250,968              $ 4,465,160                   $ 5,415,434



   Enrolled                Enrolled                   Enrolled                   Enrolled                 Enrolled                  Enrolled
     405                     397                        400                        405                      402                       388


   2005                      2006                      2007                      2008                      2009                      2010
28 Note: 1. Enrollment is noted at the bottom of each bar with 2010 cost at 1/1/2010 level (anticipated to change in June 2010)
         2. Cost with no changes based on 11% annual rate of increase (most projections range from 7% to 13%)
         3. 2010 savings based on actual 2010 BCBS rate renewal (no credit / adjustment for Risk Related Fund)
     Budget Highlights

     •   MPSERS retirement rate budgeted at the weighted
         average rate of 18.79% (19.41% effective October 1,
         2010)
     •   Non-union & union healthcare cost budgeted at
         annual increase of 13%
     •   Purchase Services, Supplies & Materials, Dues &
         Fees reduced by aggregate 10%
     •   Utilities reflect a 6% decrease from the prior year


29
     Budget Highlights

     FY 2011 proposed non-union salary & wage changes
     A wage freeze was implemented on January 1, 2010 for
     Non-union staff. Non-union wages follow the calendar
     year.
     5 unpaid furlough days for 12 month staff (2% salary decrease)
     Continuation of employee premium share based on pay
     level (up to 4.5%)
     The progression increment movement within the market
     ranges plus the longevity stipends account for an average
     of 0.5% annually.
30
     Budget Highlights

     FY 2011 proposed union salary & wage changes
     The OSTCEA and the Board of Education approved a one year
     extension on the existing contract, expiring June 30, 2011.

     The contract includes a wage freeze implemented on July 1, 2010.

     3 unpaid furlough days for 10 month staff (2% salary decrease)

     Continuation of the 6% health insurance cap.

     Step increases are provided by contract for an average of
     1.2% annually.
31
     Allocation of costs

     General Allocation
       50% GE, 25% SE, 25% CFE
     Activity Based Cost Allocation–FTE based
       23% GE, 25% SE, 52% CFE
     Abraham & Gaffney – sq footage based
       50% GE, 26% SE, 24% CFE
     Cost Based Allocation – Transportation
       73% GE, 25% SE, 2% CFE


     Reference Enterprise Wide Summary Document
32
     General Education Fund Summary

        Total Revenue: $17.5 Million
          – Property tax – $10.6M (60% of total revenue)
          – Other local revenues – $3.5M
          – State sources revenues – $2.9M
          – Other financing source revenues – $.5M
        Total Expenditures: $17.7 Million
          – General administration – $1.7M
          – Finance and operations – $7.2M
          – Instructional services – $8.7M
          – Plant and fixed charges, transfers to LEAs – $.1M


         Note: Medicaid Revenue now reflected in Fund 273
33
     General Fund Overview
     $35

     $30

     $25

     $20

     $15

     $10

     $5

     $0
           2002      2003     2004       2005     2006     2007     2008     2009      2010   Proposed
           Actual    Actual   Actual     Actual   Actual   Actual   Actual   Actual     2nd     2011
                                                                                      Amend


     Revenue        Expense    Unreserved Fund Balance              Reserved Fund Balance
34                                     Dollars in millions
     Fiscal Year 2011
     General Education Fund Balance

     END OF YEAR:
     Unreserved:                                   $ 3,392,200

     Reserved:
     Prepaid, Inventory and Deposits               $     35,000

     Total Budgeted Ending Fund Balance     $ 3,427,200
     _______________________________________________________

     5% of GEF operating expenditures ($17.7 m):   $   0.9M
     State Aid exposure (sec 81):                  $   2.9M
     Fund Balance Protocol Target:                 $   3.8 Million

35
     Pending Legislation limits General
     Education Fund to 15% fund balance

     Current Operating Expenditures (COE) - MDE defined
     Total Current Operating Expenditures do not include:

         •   Capital Outlay
         •   Community Services
         •   Transfers outs (includes Medicaid transfers to districts)




36
     Fiscal Year 2011 District Debt

                                           Amount          Average Annual
                                                              Payment
     GEF Debt Principal:          $ 5,165,000              $ 750,000
     CFEF Debt Principal:         $44,770,000              $ 3,100,000
     QSCB Debt Principal (funds): $14,800,000              $ 850,000
     Total OS Bonded Debt:        $64,735,000              $ 4,700,000

     NOTE: Debt Service for the Administration Building
     Project Bond (2003) and QSCB issue is pre-funded in Debt Service
     Fund 310 & 313 and Debt Service for the campus renovations bond
37   (2007) is pre-funded in Debt Service Fund 312 through FY 2014
      General Fund Five-Year Forecast

                                  Proposed      Projection    Projection   Projection    Projection
                                   2010-11       2011-12       2012-13      2013-14       2014-15

                     Revenue:      17,485,300   16,438,850    17,525,423   16,266,017    17,496,124
                 Expenditures:     17,673,000   17,520,690    17,419,037   17,578,308    17,746,829

     Operating Excess (Deficit)     (187,700)   (1,081,840)      106,386   (1,312,291)    (250,705)


     End of Year Fund Balance:
 Reserved: Prepaid, Inventory
                and deposits          34,900             0             0            0             0

        Unreserved/Designated       3,614,900    2,345,360     2,451,745    1,139,454       888,749

                          Total     3,392,300    2,345,360     2,451,745    1,139,454       888,749
     End of Year Unreserved FB
38        as % of Expenditures        19.19%       13.39%        14.08%        6.48%         5.01%
     ISD Budget Resolution

     Revised School Code 380.624 - Overview
     1.   Not later than May 1 of each year, the ISD shall submit
          proposed budget for next fiscal year to the board of each
          constituent district for review
     2.   Not later than June 1 of each year, the board of each
          constituent district shall review the proposed ISD budget,
          shall adopt a board resolution expressing its support for or
          disapproval of the proposed budget
     3.   Mail copy of resolution indicating support or disapproval (with
          rationale) to the Oakland Schools Board of Education




39
     General Education Fund

        Questions & Comments




40
     Special Education Fund Summary

        Total Revenue: $142.0 Million
          – Property tax – $134.9M (95% of total revenue)
          – Other local revenues – $1.4M
          – State sources revenues – $5.7M


        Total Expenditures: $153.0 Million
          – Program supervision and direction – $2.3M
          – Program operations – $7.5M
          – Plant and fixed charges – $5.7M
          – LEA transfers and program subsidies – $137.5M




41
       Special Education Fund Overview

     $180
     $160
     $140
     $120
     $100
      $80
      $60
      $40
      $20
       $0
              2002     2003     2004     2005     2006     2007     2008       2009    2010 2nd Proposed
             Actual   Actual   Actual   Actual   Actual   Actual   Actuals    Actual    Amend     2011

            Revenue       Expense        Unreserved Fund Balance              Reserved Fund Balance

42     *FY 2004 contains “one time” operating adjustment for prior years     **Dollars in millions
     Fiscal Year 2011 Special Education
     Program Support & Subsidies

     PA-18 Base Distribution                          $ 134,332,100
     Start-up Contingency                             $     850,000
     Extraordinary Contingency                        $     250,000
     Section 24 subsidy                               $     100,000
     Group Homes                                      $ 1,200,000
     Havenwick                                        $     150,000
     SEI Regional Day Treatment                       $     450,000
     Michigan Rehab Services Cash Match               $     180,000
     Total                                            $ 137,512,100

     PA-18 Base Distribution $(8.8M) decline from FY 2010


43
     Oakland Schools Special Education
     Expenditure Budget Comparison
                                                                                                                                                 Transfers to LEAs
                                                                                                                                                 OS Operations
          180
                                                                                                          160.7
                                                                                                                                        157.03
          160
                                               145.8                                                                   148.18
                                                                                          143.4
                                                            137.8           134.7                                                                      137.5
          140

          120                 110.09
                 106.9

          100

          80

          60

          40
                                                    27.4
                                     23.4
                       18.5                                                       16.9           17.66          18.6            18.9          19.37
                                                                   16.02                                                                                    15.5
          20

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44   *External services with offsetting revenue not included in FY 2010 OS Operations                                                                       Dollars in millions
            PA-18 Base Distribution
            FY 2003-2015                                                                     Trend Line: Red
                                                                                             After Property Tax Decline: Blue



 180
                                                                                                                           $174.0
                                                                                                                  $171.0
                                                                                                         $167.0

 160                                                                                          $160.0
                                                                                    $155.0

                                                           $142.1      $148.0

 140                                              $141.9      $143.1
                                                       $142.4
                                                                           $134.3
                      $128.4
                                         $133.7
                               $130.9

 120

                 $112.0
        $109.5                                                                  $108.7                                     $105.6
                                                                                                                  $103.2
 100                                                                                         $103.2
      FY      FY       FY       FY       FY        FY      FY        FY        FY         FY           FY      FY       FY
     2003    2004     2005     2006     2007      2008    2009      2010      2011       2012         2013    2014     2015
45                                                   Dollars in millions
     Fiscal Year 2011
     Special Education Fund Balance

     END OF YEAR:
     Unreserved:                                   $   755,200
     Reserved:
     Future SE Center Facility Renovations         $   286,000

     Total Budgeted Ending Fund Balance            $ 1,061,200




     5% of SEF operating expenditures ($15.5 m):   $ .775M
     State Aid exposure (sec 51a, 51a.8)           $ 3.9M
     Fund Balance Protocol Target:                 $ 4.675 Million
46
        Special Education Five-Year Forecast

                                Proposed       Projection       Projection       Projection       Projection
                                 2010-11        2011-12          2012-13          2013-14          2014-15
                   Revenue:     142,044,900    125,951,499      120,248,596      120,541,458       123,130,206
               Expenditures:    153,016,800    125,868,753      120,153,830      120,432,549       123,021,792


 Operating Excess (Deficit)     (10,971,900)        82,746           94,767          108,909           108,415

        End of Year Fund Bal:
 Reserved Center Program
       Facility Renovation          286,000        386,000          486,000          586,000           686,000
        Reserved/Designated                0                0                0                0                0
      Unreserved/Designated         775,200        757,946          752,712          761,621           770,036
                        Total     1,061,200      1,143,946        1,238,712        1,347,621         1,456,036
     End of Year Unreserved
       FB % net of LEA O.T.           5.00%         5.00%            5.00%            5.00%             5.00%
47
     Special Education Fund

        Questions & Comments




48
         Career Focused Education Fund
         Summary
        Total Revenue: $34.1 Million
          – Property tax – $33.0 M (96% of total revenue)
          – Other local revenues – $0.6 M
          – State sources revenues – $.4 M
          – Other financing source revenues – $0.1 M


        Total Expenditures: $32.9 Million
          – Campus and other program administration – $21.8 M
          – LEA transfers and direct program operations – $5.1 M
          – Facility and technology maintenance/renovations – $0.1 M
          – Plant and fixed charges – $5.9 M
49
                 Career Focused Education
                 Fund Overview
           $70

           $60

           $50

           $40

           $30

           $20

           $10

              $0
                       2002     2003     2004     2005       2006     2007     2008     2009      2010 Proposed
                      Actual    Actual   Actual   Actual     Actual   Actual   Actual   Actual     2nd   2011
                                                                                                 Amend

 50
Dollars in millions            Revenue     Expense         Unreserved Fund Balance      Reserved Fund Balance
     Fiscal Year 2011
     Career Focused Education Fund Balance

     END OF YEAR:
     Unreserved:                                  $   8,069,800
     Reserved:
     Prepaid, Inventory and Deposits              $      67,200
     Total Budgeted Ending Fund Balance     $ 8,137,000
     _______________________________________________________

     5% of CFEF operating expenditures ($32.9):   $ 1.6M
     State Aid exposure (sec 61a.1, 61a.2):       $ .4 M
     Fund Balance Protocol Target                 $ 2.0 Million

51
        Career Focused Education
        5-Year Forecast

                                  Proposed     Projection    Projection    Projection    Projection
                                   2010-11      2011-12       2012-13       2013-14       2014-15

                     Revenue:     34,195,900   30,312,556     28,917,591   28,985,006    30,100,462

           Total Expenditures:    32,910,900   32,087,848     30,524,315   30,949,980    31,323,685

     Operating Excess (Deficit)    1,285,000   (1,775,292)   (1,606,724)   (1,964,974)   (1,223,224)



     End of Year Fund Balance

                   Unreserved      8,137,000    6,361,708      4,754,985    2,790,011     1,566,787
       End of Year Unreserved
      FB as % of Expenditures        24.72%       19.83%         15.58%        9.01%          5.00%



52
     Career Focused Education Fund

        Questions & Comments




53
         Proposed Grants and Funded Projects
         Summary

        Total dollar award value of all current grants and
         funded projects: $113.7M
                New Awards       $94.5M
                Carry Over       $19.2M
        Direct transfer to districts: $88M
        ISD administered grants and projects: $25.7M
         (Includes JobLink $11.8M)



54
     Other Funds

         Cooperative Activities Fund 270 – Collaborative Program
          Development Initiative (CPDI)
         Cooperative Activities Fund 271 – Oakland Network for
          Education (ONE)
         Cooperative Activities Fund 272 - Alternative Education High
          School ( Under Study)
         Cooperative Activities Fund 273 – Medicaid
         Debt Service Fund 310 – Administrative Building Bond 2003:
          15 years, ending 2018
         Debt Service Fund 312 – CFE Campus Renovations Bond:
          29 years, ending 2036
         Debt Service Fund 313 – Qualified School Construction
          Bond:17 years, ending 2027
55
     Other Funds

        Capital Projects Fund 404 - CFE Technical Campus Renovations
         Phase II Project
        Capital Projects Fund 406 – Admin Bldg Renovation & Maintenance
        Capital Projects Fund 408 – Qualified School Construction Bond
        Production Print Fund 710 – Enterprise Fund (subsidy eliminated)
        Risk Related Activity Fund 810 – Internal Service Fund
         (unemployment pre-funded)




56
     Questions & Comments




57

				
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