Kakishiba's budget proposal by BayAreaNewsGroup

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Oakland school board member David Kakishiba has proposed four adjustments to the district administration's budget proposal -- including the funding of adult education at current-year levels. They will be discussed at the June 22 school board meeting.

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									Date:   JUNE 15, 2011

To:     BOARD OF EDUCATION

From: FINANCE & HUMAN RESOURCES COMMITTEE

Re:     Adoption of Oakland Unified School District 2011-2012 Budget


The Finance & Human Resources Committee unanimously recommends to the Board of Education that it
adopt the following adjustments to the Superintendent’s proposed 2011-2012 Budget:

                                   Adjustment                                             Impact
1. Prioritize the use of the Ending Fund Balance, excluding the 3% Reserve for         TBD
   Economic Uncertainty, on “Audit Findings & Early Pay-Off of State Emergency
   Loans”.


2. Allocate proposed Measure G expenditure for Middle School Electives to high         $1 million
   schools to “maintain courses that help students qualify for college”, and provide
   middle schools one-time only bridge funding from the Ending Fund Balance.


3. Maintain current year level of expenditures and programming for Adult               $3.3 million
   Education services (GED test preparation and Family Literacy).


4. Restore funding allocation to Deferred Maintenance and RRMA.                        $3 million


Based on the v.6 Draft 2011-2012 Adopted Budget, these adjustments will impact the proposed
Unrestricted General Fund Budget in the following manner:

                                               v.6 Draft                    Fiscal Impact of
  Unrestricted General Fund                2011-2012 Budget                   Adjustments
Change in Fund Balance (6-30-12)               $19,643,016.00                 $13,353,175.00


Beginning Fund Balance (7-1-11)                $28,388,092.00                 $28,388,092.00


Ending Fund Balance (6-30-12)                  $48,031,108.00                 $41,741,267.00

								
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