|
Board Meeting Agenda page 889
Board Audio
CUSDWatch Comment:
Despite record high revenues and the 5th consecutive year of across the board compensation increases, there were no increases to school site budgets, no reductions to class sizes and facilities have $189 million in “Emergency” facility needs.
| |
2017-18 |
2018-19 |
| GENERAL ASSUMPTIONS |
| Enrollment |
47,475
|
47,051
|
|
ADA
|
$8,293 |
$8,822 |
|
Site Supply Budget
|
K-5 $21/Student
6-8 $25/student
9-12 $33 per student
|
K-5 $21/Student
6-8 $25/student
9-12 $33 per student
|
| Staffing Formula |
K = 30.5:1
1-3 = 30:1
4-5 = 31.5:1
*6-8 = 32.5:1
*9-12 = 34.5:1
*Includes Prep Time and Electives
|
*K = 30.5:1
1-3 = 30:1
4-5 = 31.5:1
*6-8 = 32.5:1
*9-12 = 34.5:1
*Staff Full Time K at 28.5:1
*Includes Prep Time and Electives
|
| REVENUE ASSUMPTIONS |
|
Total Revenues Restricted/ Unrestricted
|
TOTAL $467,415,250
LCFF $384,920,586
Federal $16,899,656
Other State $60,735,829
Other Local $4,859,829
|
TOTAL $485,369,622
LCFF $405,439,289
Federal $16,148,289
Other State $58,516,842
Other Local $5,265,842
|
|
Other Financing Sources/Uses
"Contributions"
|
Total $65,716,747
|
Total $75,066,392
|
|
COLA
|
State Categorical 1.56%
Special Education 1.56%
LCFF COLA 0%
|
State Categorical 2.71%
Special Education 2.71%
LCFF COLA 3%
|
| Lottery |
Unrestricted: $140 per student
Approximately $6.8 million
Restricted $ 41 per student
Unrestricted $2 million
Total $8.8 Million
|
Unrestricted: $146 per student
Approximately $7 million
Restricted $ 48 per student
Unrestricted $2.3 million
Total $9.3 Million
|
| EXPENDITURE ASSUMPTIONS |
|
Expenditures
Salaries and Benefits as a percentage of General Fund
2018-19 86.9%
2019-20 89.3%
2020-21 90.1%
|
TOTAL $479,079,815
Certificated Salaries $214,498,795
Classified Salaries $67,174,112
Employee benefits $114,889,402
Books and Supplies $18,843,096
Service and Other Operating Expenses $14,198,538
Capital Outlay $6,269,495
Other Outgo ($538,823)
|
TOTAL $501,740,890
Certificated Salaries $212,287,365
Classified Salaries $77,856,781
Employee benefits $128,445,342
Books and Supplies $21,884,242
Service and Other Operating Expenses $42,889,463
Capital Outlay $4,239,219
Other Outgo ($524,840)
|
| STEP & COLUMN |
|
|
| Salary |
CUEA 1.5%
CSEA 2.0%
CUMA 1.5%
Teamsters 2%
|
CUEA 1.5%
CSEA 2.0%
CUMA 1.5%
Teamsters 2%
|
|
PERS
Estimate of Future Contributions
|
2017-18 13.888%
2018-19 15.53%
2019-20 18.1%
2020-21 20.8%
Not Included
|
2017-18 Not Included
2018-19 18.062%
2019-20 20.8%
2020-21 23.5%
2021-22 24.6%
|
|
STRS
Estimate of Future Contributions
|
2016-17 12.58%
2018-19 14.43%
2019-20 16.28%
2020-21 18.13%
Not Included
|
2016-17 Not Included
2018-19 16.28%
2019-20 18.13%
2020-21 19.10%
Not Included
|
|
Vacancies created due to retirements or those employees indicating their intent not to return will be budgeted as follows:
|
Certificated: Column C, Step 11
Classified: Step 3, Range per Classification
Administrative: Step 3, Range per Classification
|
Certificated: Column C, Step 11
Classified: Step 3, Range per Classification
Administrative: Step 3, Range per Classification
|
|
Salary Agreements with Employee Groups
|
Salary Agreements have NOT been reached will all employee groups
|
Salary Agreements have been reached will all employee groups
|
|
Special Education non-salary expenditures
|
Increase of 2%- 5%
|
Increase of 2%- 5%
|
|
Categorically funded programs
|
Dependent on available funding
|
Dependent on available funding
|
|
Benefits
|
STRS 14.43%
PERS 15.53%
OASDI 6.200%
Medicare 1.450%
Workers Comp 1.450%
Unemployment 0.050 %
OPEB – Active 0.80%
OPEB – All 0.27%
|
STRS 16.28%
PERS 18.062%
OASDI 6.200%
Medicare 1.450%
Workers Comp 1.500%
Unemployment 0.050%
OPEB – Active 0.80%
OPEB – All 0.27%
|
|
Health and Welfare Insurance Costs
|
$40.7 million
|
$46 million
|
|
Liability Insurance
|
$2.9 million
|
$3 million
|
|
Transfers and Capital Outlay
|
$3.5 million to Deferred Maintenance Fund from LCFF funds
|
$3 million to Deferred Maintenance Fund from LCFF funds
|
|
Indirect/Direct Costs
|
Inter-program direct and indirect costs 4.2%
Cafeteria Fund 4.2%
Child Development Fund will be charged based on direct staff time used to support the childcare program, utility costs, insurance, maintenance and warehouse services
|
Inter-program direct and indirect costs 4.63%
Cafeteria Fund 4.63%
Child Development Fund will be charged based on direct staff time used to support the childcare program, utility costs, insurance, maintenance and warehouse services
|
|
Debt Service
|
$800,000 total
Lease Payment Obligations
|
$1.5 million total
Energy Bond
Lease Payment Obligations
$3.25 million for Supplemental Early Retirement for Teamsters and CUEA
|
|
Reserve for Economic Uncertanty
|
3.5%
|
2%
|
|
New Textbooks
|
$6 million from Restricted Lottery Funding, LCFF Funds and One time mandate funds
|
$6.7 million from Restricted Lottery Funding and One time mandate funds
|
| Summer School |
$50,000 |
$50,000 |
| ADDITIONAL ASSUMPTIONS |
| Interest Earnings on Custody Funds |
.35% |
1.2% |
|
Charter Funds
|
5 Charter Schools + 1 allowed to Operate in the District by OCDE
Funds from the 5 are projected to be $415,000
|
5 Charter Schools + 1 allowed to Operate in the District by OCDE
Funds from the 5 are projected to be $415,000
|
| FUND BALANCES |
| 01 - 60 Governmental Funds |
| 01 General Fund/County School Service Fund |
| 03 General Fund Unrestricted |
$56,808,325.48 |
$41,861,474.00 |
| 06 General Fund Restricted |
$10,577,568.00 |
$1,812,469.00 |
| 11 - 20 Special Reserve Funds Charter Schools |
|
|
| 11 Adult Education |
|
|
| 12 Child Development Fund |
$117,144 |
-0- |
| 13 Cafeteria Fund |
$3,498,028 |
$3,706,926.00 |
| 14 Deferred Maintenance Fund |
$1,700,000 |
-0- |
| 15 Pupil Transportation |
|
|
| 16 Forest Reserve Fund |
|
|
| 17 Special Reserve Fund for Other Than Capital Outlay (Post Employment Benefits) |
$80,766 |
$82,858.00 |
| 18 School Bus Emissions Fund |
|
|
| 21-50 Capital Project Funds |
| 21 Building Fund |
-0- |
-0- |
| 25 Capital Facilities Fund |
$977,993 |
$3,554,753.00 |
| 30 State School Building Lease-Purchase Fund |
|
|
| 40 Special Reserve Fund Capital Outlay Projects |
$13,389,399 |
$8,337,773.00 |
| County School Facilities Fund |
-0- |
-0- |
| 51-60 Debt Service Funds |
| 51 Bond Interest and Redemption Fund |
$4,660,097 |
$4,796,777.00 |
| 53 Tax Override Fund |
|
|
| 56 Debt Service Fund |
|
|
| 61-70 Proprietary Funds |
| 61-65 Enterprise Funds |
| 61 Cafeteria Fund |
|
|
| 63 Other Enterprise Fund |
|
|
| 66-70 Internal Service Funds |
|
|
| 66 Warehouse Revolving Fund |
|
|
| 67 Self Insurance Fund |
$6,480,814 |
$8,111,929.00 |
| 71-95 Fiduciary Funds |
| 71-75 Truste Funds |
| 71 Retire benefit Fund |
|
|
| 72 Article XIII-B Fund |
|
|
| 73 Foundation Trust Fund |
|
|
| 76-95 Agency Funds |
| 76 Warrant/Pass through Fund |
|
|
| 95 Student Body Fund |
|
|
| Total Fund Balances |
$85,719,471 |
$71,264,959 |
CUSDWatch Comment
CUSD does an early retirement every 5 years so that employee compensation as a % of General Fund Revenues does not go over 100% They just did one again this year. Having employee compensation at 90% of the budget means the priority is adult jobs and NOT the education of children.
| Ratio of Unrestricted Salaries and Benefits to Unrestricted General Fund Expenditures |
| Fiscal Year |
Salaries & Benefits |
Total Expenditures |
Ratio |
| 2015-16 |
$289,812,869.65 |
$329,027,202.48 |
88.1% |
| 2016-17 |
$289,462,870.24 |
$331,227,063.56 |
87.4% |
| 2017-18 |
$307,230,194.00 |
$350,449,011.00 |
87.7% |
| 2018-19 |
$309,687,095.00 |
$356,325,610.83 |
86.9% |
| 2019-20 |
$318,577,135.00 |
$356,572,676.00 |
89.3% |
| 2020-21 |
$324,855,146.00 |
$360,551,944.00 |
90.1% |
CUSDWatch Comment:
Operating Revenues are in decline because of 5 consecutive years of across the board employee compensation increases totaling over $150 million.
CUSDWatch Comment
Minimum Contribution Proposition 51 School Facilities Fund
CUSDWatch Comment:
The District reports reserves based solely on the General Fund- but... under Local Control there are only four accounts that are actually restricted.
Special Education, Foster Youth and two Native American youth programs.
That means CUSD can move money between all other funds- so the "Reserves" are for all funds except
Special Education,
Foster Youth and
two Native American youth programs.
Are Trustees aware of this?
The following was calculated as of September 2017 (lag one year)
|
Capistrano Unified School District Actual Reserves $133 million
THE SHELL GAME
Current legislation, policies, and practices allow public school districts to deceive the public about the districts’ financial positions by focusing on budgets that never manifest and “reserves” that only reveal the tip of the iceberg.
These practices unnecessarily complicate every district function from the LCAP process to labor negotiations to foundations and bonds.
Stakeholders are in the dark.
Billions of dollars of taxpayer money that was meant to educate children are being wasted, hidden below the surface and growing annually, and school districts budgets show they plan to continue the trend.
The practice also makes one call to question how all public agencies present their information.
CUSD HAD $16 MILLION IN GENERAL FUND DOLLARS THAT IT CHOSE NOT TO SPEND IN THE CLASSROOM OR TO FIX AND MAINTAIN FACILITIES INSTEAD IT IS BEING HORDED.
CUSD HAS GROWN ITS ACTUAL RESERVES FROM $51 MILLION IN 2011-12 TO ITS CURRENT $133 MILLION
CUSDWatch Comment:
In September we can add the 2017-18 data and compare apples to apples.
|
THE CORRECTING ENTRIES ARE THEN DONE ON CONSENT CALENDAR AS FOLLOWS:
September 13, 2017 CUSD BOT Meeting Agenda Item #13 RESOLUTION NO. 1718-14, AUTHORIZING THE INCREASE AND DECREASE IN APPROPRIATIONS FOR THE FISCAL YEAR ENDING 2016- 2017 page 472 of 998
September 13, 2017 CUSD BOT Meeting Agenda Item #14 RESOLUTION NO. 1718-15, RE-APPROPRIATION OF CARRYOVER FUNDS page 476 of 998
September 13, 2017 CUSD BOT Meeting Agenda Item #15 RESOLUTION NO. 1718-16, ADOPTING THE 2016-2017 ACTUAL GANN LIMIT AND THE 2017-2018 ESTIMATED GANN LIMIT page 481 of 998
THE WAY TO CALCULATE ACTUAL RESERVES as of 2016-17
TOTAL FUND BALANCES
|
| 01-60 GOVERNMENTAL FUNDS |
| 01 General Fund/County School Service Fund |
|
| 03 General Fund Unrestricted |
$61,030,106.01
September 13, 2017 CUSD BOT Meeting Agenda Item #36 2016-17 Financial Statements (Unaudited Actuals) page 811 of 998
|
|
06 General Fund Restricted
|
$13,710,748.53
September 13, 2017 CUSD BOT Meeting Agenda Item #36 2016-17 Financial Statements (Unaudited Actuals) page 811 of 998
Total General Fund = Restricted + Unrestricted
$61.03 +13.71 = $74.74
|
|
11–20 Special Revenue Funds CHARTER SCHOOLS
|
$0.00
September 13, 2017 CUSD BOT Meeting Agenda Item #36 2016-17 Financial Statements (Unaudited Actuals) page 829 of 998
Ending Balance in 16-17: -0-
2017-18 Budget: -0-
Difference -0-
|
|
11 Adult Education Fund
|
$0.00
September 13, 2017 CUSD BOT Meeting Agenda Item #36 2016-17 Financial Statements (Unaudited Actuals) page 841 of 998
Ending Balance in 16-17: -0-
2017-18 Budget: -0-
Difference -0-
Adult Ed is no longer taught- services are at Saddleback now
|
|
12 Child Development Fund
|
$372,954.14
September 13, 2017 CUSD BOT Meeting Agenda Item #36 2016-17 Financial Statements (Unaudited Actuals) page 851 of 998
Ending Balance in 16-17: $372,954.14
2017-18 Budget: $372,954.14
Difference -0-
|
| 13 Cafeteria Fund |
$4,701,035.49
September 13, 2017 CUSD BOT Meeting Agenda Item #36 2016-17 Financial Statements (Unaudited Actuals) page 861 of 998
Ending Balance in 16-17: $4,198,786.88
2017-18 Budget: $4,701,035.49
Difference: Increase of 12%
|
| 14 Deferred Maintenance Fund |
$1,809,647.93
September 13, 2017 CUSD BOT Meeting Agenda Item #36 2016-17 Financial Statements (Unaudited Actuals) page 871 of 998
Ending Balance in 16-17: $1,809,647.93
2017-18 Budget: $1,809,647.93
Difference: -0-
|
| 15 Pupil Transportation |
|
| 16 Forest Reserve Fund |
|
|
17 Special Reserve Fund for Other Than Capital Outlay Projects (Post Employment Benefits)
|
$79,958.21
September 13, 2017 CUSD BOT Meeting Agenda Item #36 2016-17 Financial Statements (Unaudited Actuals) page 879 of 998
Ending Balance in 16-17: $79,958.21
2017-18 Budget: $80,758.21
Difference: 1%
|
| 18 School Bus Emissions Reduction Fund |
|
| 21–50 Capital Project Funds |
|
|
21 Building Fund
|
$516,428.77
September 13, 2017 CUSD BOT Meeting Agenda Item #36 2016-17 Financial Statements (Unaudited Actuals) page 890 of 998
Ending Balance in 16-17: $79,958.21
2017-18 Budget: (.23)
Difference: Decrease 100%
|
|
25 Capital Facilities Fund
|
$11,321,653.23
September 13, 2017 CUSD BOT Meeting Agenda Item #36 2016-17 Financial Statements (Unaudited Actuals) page 900 of 998
Ending Balance in 16-17: $11,321,653.23
2017-18 Budget: $977,993.23
Difference: Decrease 91.4%
|
| 30 State School Building Lease-Purchase Fund |
$0.00 |
|
40 Special Reserve Fund for Capital Outlay Projects
|
$28,105,118.01
September 13, 2017 CUSD BOT Meeting Agenda Item #36 2016-17 Financial Statements (Unaudited Actuals) page 922 of 998
Ending Balance in 16-17: $28,105,118.01
2017-18 Budget: $25,442,797.01
Difference: Decrease 9.5%
|
| 51–60 Debt Service Funds |
|
| 51 Bond Interest and Redemption Fund |
$4,561,164.00
September 13, 2017 CUSD BOT Meeting Agenda Item #36 2016-17 Financial Statements (Unaudited Actuals) page 931 of 998
Ending Balance in 16-17: $4,561,164.00
2017-18 Budget: $4,533,921
Difference: Decrease 0.6%
|
| 53 Taxoverride Fund |
|
| 56 Debt Service Fund |
|
| Subtotal 1- 60 |
$126,208,814.32 |
| 61–70 PROPRIETARY FUNDS |
| 61–65 Enterprise Funds |
|
| 61 Cafeteria Fund |
|
| 63 Other Enterprise Fund |
|
| 66–70 Internal Service Funds |
|
| 66 Warehouse Revolving Fund |
|
|
67 Self-Insurance Fund
|
$7,079,086.16
September 13, 2017 CUSD BOT Meeting Agenda Item #36 2016-17 Financial Statements (Unaudited Actuals) page 934 of 998
There was a $7.1 million ending balance in 16-17. $7.3 (EFB), 2.9% increase, budgeted this year.
|
| Subtotal 61-70 |
$7,079,086.16 |
| 71–95 FIDUCIARY FUNDS |
| 71–75 Trust Funds |
|
| 71 Retiree Benefit Fund |
|
| 72 Article XIII-B Fund |
|
| 73 Foundation Trust Fund |
|
| 76–95 Agency Funds |
|
| 76 Warrant/Pass-through Fund* |
|
| 95 Student Body Fund* |
|
| Subtotal 71-95 |
$0.00 |
| Total Funds |
$133,287,900.48 |
The work that CalProEd has done to date found the "Actual" Reserves for the following school districts:
Billions of dollars of taxpayer money that was meant to educate children are being wasted, hidden below the surface and growing annually, and school districts budgets show they plan to continue the trend.
Why? Kickbacks? Pet projects without oversight? Job security for admin and union?
CUSDWatch Comment
CUSD's Long Term Commitments:
CUSDWatch Comment
Unfunded Liabilities $53 million dollars for pension benefits:
CUSDWatch Comment
Unfunded Liabilities for benefits other than Pensions:
CUSDWatch Comment
CUSD Unfunded Liability for Self Insurance Program
CUSDWatch Comment
CUSD plans to reduce its teaching staff going forward to save money. Class sixes stay the same but 78 teachers at average compensation of $111,000.00 per year are no longer teaching. That is $8.7 million dollars wasted on teachers who no longer teach!
CUSDWatch Comment
Teachers Contract
CUSDWatch Comment
Management Contracts - These numbers probably do not reflect the truth as CUSD has been adding management personnel.
CUSDWatch Comment
Multi Year UNRESTRICTED
Multi Year RESTRICTED
Multi Year RESTRICTED + UNRESTRICTED
|
