RIM OF THE WORLD UNIFIED SCHOOL DISTRICT RE PORT OF E NROL L - - PowerPoint PPT Presentation

▶
rim of the world unified school district
SMART_READER_LITE
LIVE PREVIEW

RIM OF THE WORLD UNIFIED SCHOOL DISTRICT RE PORT OF E NROL L - - PowerPoint PPT Presentation

Mar 17, 2023 112 likes •373 views

RIM OF THE WORLD UNIFIED SCHOOL DISTRICT RE PORT OF E NROL L ME NT AND F I RST I NT E RI M F I NANCI AL POSI T I ON 1 Purpo se o f Re po rt - Re vie w da ta re la te d to : 2 E nro llme nt Must b e a ppro ve

slide-1
SLIDE 1

RIM OF THE WORLD UNIFIED SCHOOL DISTRICT

RE PORT OF E NROL L ME NT AND F I RST I NT E RI M F I NANCI AL POSI T I ON

1

slide-2
SLIDE 2

Purpo se o f Re po rt - Re vie w da ta re la te d to :

 E

nro llme nt

 Atte nda nc e  F

ina nc ia l a c tivity

July 1, 2019 – Oc to b e r 31,

2019

 Va rio us fina nc ia l a ssumptio ns  Multi–Ye a r Pro je c tio ns  Re vise d Budg e t Upda te

Must b e a ppro ve d b y the Go ve rning Bo a rd b y De c e mb e r 15, c e rtifying the F ina nc ia l po sitio n to the Co unty Offic e o f E duc a tio n pe r E duc a tio n Co de : 42130, 42131(a )1

2

slide-3
SLIDE 3

T he re a re thre e type s o f Ce rtific a tio n:

 POSI

T I VE :

 A Distric t will me e t its fina nc ia l

  • b lig a tio ns fo r the c urre nt fisc a l ye a r

a nd sub se q ue nt two fisc a l ye a rs

 QUAL

I F I E D:

 A Distric t ma y no t me e t its fina nc ia l

  • b lig a tio ns fo r the c urre nt fisc a l ye a r

a nd sub se q ue nt two fisc a l ye a rs

 NE

GAT I VE :

 A Distric t will b e una b le to me e t its

fina nc ia l o b lig a tio ns fo r re ma inde r o f the c urre nt fisc a l ye a r o r a nd sub se q ue nt fisc a l ye a r

Rim o f the Wo rld Unifie d Sc ho o l Distric t is sub mitting a Po sitive Ce rtific a tio n.

3

slide-4
SLIDE 4

Ac ro nyms

 L

CF F – L

  • c a l Co ntro l F

unding F

  • rmula

 ADA – Ave ra g e Da ily Atte nda nc e  UPP – Unduplic a te d Pupil Pe rc e nta g e  MYP – Multi-ye a r pro je c tio ns  MPP – L

CAP Pe rc e nta g e to Inc re a se o r Impro ve Se rvic e s

 CBE

DS – Ca lifo rnia Ba sic E duc a tio na l Da ta Syste m

4

slide-5
SLIDE 5

DIST RICT Goa l VI: Budg e t, Infra struc ture , a nd Re sourc e s:

T he Distric t prio ritize s a nd a llo c a te s re so urc e s e ffe c tive ly to suppo rt a ll g o a ls while ma inta ining fisc a l re spo nsib ility a nd b uilding susta ina b ility.

5

slide-6
SLIDE 6

6

slide-7
SLIDE 7

7

slide-8
SLIDE 8

L

  • c a l Co ntro l F

unding F

  • rmula (L

CF F )

 Go ve rno r Bro wn pro po se d a n 8 ye a r funding mo de l

 F

ull imple me nta tio n wa s pla nne d b y 2020-21. F ull imple me nta tio n is no w e ffe c tive in the 2018-19 fisc a l ye a r. T he g o a l wa s to b ring distric ts to 2007-08 funding le ve ls

 T

his do e s no t fund inc re a se s in o pe ra ting c o sts o ut o f the c o ntro l o f sc ho o l distric ts i.e .: ST RS a nd PE RS inc re a se s

 L

CF F is a n a llo c a tio n me tho d to distrib ute funds to sc ho o l distric ts.

 T

he a llo c a tio n o f to ta l L CF F do lla rs a re c o mprise d o f:

 A sc ho o l Distric ts ADA  T

he pe rc e nt o f stude nts ide ntifie d a s UPP (L

  • w I

nc o me , F

  • ste r

Yo uth, Ho me le ss a nd E ng lish le a rne r)

 Gra de Spa n a djustme nt funds fo r stude nts in T

K

  • 3 a nd 9-12

 L

CF F MPP – Curre nt ye a r MPP - 12.14%

8

slide-9
SLIDE 9

9

slide-10
SLIDE 10

10

slide-11
SLIDE 11

11

slide-12
SLIDE 12

12

3,925 3,701 3,613 3,523 3,346 3,236 3,112 3,055 2,943 2,832 2,691 2,556

  • 500

1,000 1,500 2,000 2,500 3,000 3,500 4,000 4,500 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25

Rim of the World USD - CBEDS Enrollment

slide-13
SLIDE 13

13

2,033 2,108 1,938 1,886 1,889 1,825 1,776 1,740 1,688 1,638 1,556 1,478

  • 500

1,000 1,500 2,000 2,500 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25

Rim of the World USD - Total Unduplicated Pupil Count - UPP

slide-14
SLIDE 14

14

51.80% 56.96% 53.64% 53.53% 56.46% 56.40% 57.07% 56.97% 57.37% 57.83% 57.82% 57.82% 48.00% 49.00% 50.00% 51.00% 52.00% 53.00% 54.00% 55.00% 56.00% 57.00% 58.00% 59.00% 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25

Rim of the World USD - UPP %

slide-15
SLIDE 15

Summa ry o f L CF F Re ve nue

15

2013-14 2014-15 2015-16 2016-17 2017-18 2018-19

State Aid/EPA 17,220,636.00 19,117,707.00 19,081,233.00 18,419,797.00 17,847,467.00 17,925,971.00 Property Taxes net of in-lieu 8,686,622.00 8,538,361.00 10,497,787.00 11,859,440.00 12,139,515.00 12,444,724.00 TOTAL FUNDING 25,907,258.00 27,656,068.00 29,579,020.00 30,279,237.00 29,986,982.00 30,370,695.00 Increase (Decrease) in LCFF Funding 1,748,810.00 1,922,952.00 700,217.00 (292,255.00) 383,713.00 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 State Aid/EPA 18,211,787.00 18,060,933.00 18,340,176.00 18,448,182.00 18,213,411.00 17,559,296.00 Property Taxes net of in-lieu 12,444,724.00 12,444,724.00 12,444,724.00 12,444,724.00 12,444,724.00 12,444,724.00 TOTAL FUNDING 30,656,511.00 30,505,657.00 30,784,900.00 30,892,906.00 30,658,135.00 30,004,020.00 Increase (Decrease) in LCFF Funding 285,816.00 (150,854.00) 279,243.00 108,006.00 (234,771.00) (654,115.00)

slide-16
SLIDE 16

Every Day Counts! Missed School days not only impacts learning, but it decreases the funds to service

  • students. Below is the

daily rate for missed

  • school. Depending on

the grade level, one day missed can equal $56.19 per student.

Funded ADA for 19/20 (Note Prior Year guarantee) 3,031.18 Average Per ADA Funding for 19/20 = $10,114 Per Day Base 82.00% 8,293.48 46.07 GSA 3.00%303.42 1.69 Add on (Trans/TIG) 5.00%505.70 2.81 Supplemental 9.00%910.26 5.06 Concentration 1.00%101.14 0.56 100.00% 10,114.00 56.19

slide-17
SLIDE 17

Ca l ST RS & Ca l PE RS ra te s c o ntinue to rise

17

slide-18
SLIDE 18

18

slide-19
SLIDE 19

Multi-ye a r Pro je c tio ns - Assumptio ns

 Sta tuto ry COL

A:

 19/ 20 - 3.26%  20/ 21 – 3.0%  21/ 22 – 2.8%

 UPP% (ro lling 3-ye a r a ve ra g e fo r re ve nue )

 19/ 20 – 56.63%  20/ 21 – 56.81%  21/ 22 – 57.13%

 ADA de c line

 19/ 20 – (116.74)  20/ 21 – (60.86)  21/ 22 – (83.92)  22/ 23 – (110.10)  23/ 24 – (132.60)  24/ 25 – (125.97)

19

slide-20
SLIDE 20

Multi-ye a r Pro je c tio ns – Assumptio ns (c o ntinue d )

 L

CF F re ve nue – Ba se o n c urre nt CBE DS e nro llme nt a nd upda te d ADA. Pro je c tio ns fo r future ye a rs upda te d a t e ve ry fina nc ia l re po rting

 Upda te d Othe r Sta te a nd F

e de ra l re stric te d re ve nue

 I

nc re a se to Spe c ia l E duc a tio n Co sts

 Ste p a nd Co lumn inc re a se s  He a lth a nd We lfa re inc re a se – 5%  Sa ving s fro m re tire me nts a nd e nro llme nt lo ss  Re duc tio n o f o ne -time e xpe nditure b udg e ts  I

nc re a se in ST RS a nd PE RS c o sts

 Sa ving s fro m ne g o tia te d ite ms  Re duc tio n o f o ne -time re ve nue s

20

slide-21
SLIDE 21

Multi-ye a r E nding F und Ba la nc e – a ssume s c urre nt spe nding a nd re ve nue

21

slide-22
SLIDE 22

22

slide-23
SLIDE 23

E c o no mic Risks

 Rising He a lth c a re c o sts  Slo w Ho using a nd c o nstruc tio n with hig he r ho me pric e s  T

ra de I ssue s

 Na ture o f Ca lifo rnia ’ s ta x struc ture – vo la tile  Wildfire s a nd Re c e nt sto rms  Ca lifo rnia ra nks 41st in pe r-pupil spe nding while b e ing the 5th

la rg e st e c o no my in the wo rld

 De c lining e nro llme nt  L

  • w a tte nda nc e ra te s

23

slide-24
SLIDE 24

Ne xt ste ps:

24

Co ntinue to mo nito r e nro llme nt a nd a tte nd a nc e ; c o ntinue with a tte nd a nc e inc e ntive s Go ve rno rs Ja nua ry b ud g e t pro po sa l fo r 2020-21; 2020-21 b ud g e t will b e b a se d o n Ma y re vise sta te b ud g e t a ssumptio ns Multi-ye a r a ssumptio ns will b e re vise d a s o ur situa tio n c ha ng e s T he Distric t will c o ntinue to c o lla b o ra te with e mplo ye e s re g a rd ing fund ing sc e na rio s fo r the c urre nt a nd future ye a rs