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Published byIrea Largent Modified over 9 years ago
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Financial Slides for July 23, 2002 BOE Meeting
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The mission of San Diego City Schools is to improve student achievement by supporting teaching and learning in the classroom. Resource Changes (>$500K) Schedule 1 – Income for 2002/03 ITEM 1 Special Education Federal base year adjust. 2 Property Tax – Charter Schools – assess value & ADA 3 Instructional Materials Block Grant reductions by Legislature 4 Federal Impact Aid increase estimated receipts Amount ($M) $ 1.4 $ 1.2 $ (3.4) $ 2.4 Changes Since July 9, 2002
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The mission of San Diego City Schools is to improve student achievement by supporting teaching and learning in the classroom. Resource Changes (>$500K) Schedule 1 – Income for 2002/03 ITEM 5 Other Income A Interest B Prop. O support to Deferred Maint. Programs C Mandated Cost non deferral of some claims by state Amount ($M) $ 6.0 $ (2.0) $ 2.0 $ 0.7D TIIG (Integration) amendment to law E Lottery revised projection related to ADA/rate F Lease income deleted from projections G Net of all other adjustments < $500,000 $ (0.7) $ (1.0) $ 0.1 Total of Other Income$ 5.1 Changes Since July 9, 2002
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The mission of San Diego City Schools is to improve student achievement by supporting teaching and learning in the classroom. Resource Changes (>$500K) Schedule 1A – Income for 2002/03 ITEM Amount ($M) 1Revenue Limit (ADA, Equalization Aid, PERS)2.1$ 2Lottery higher earnings0.6$ 3Special Education add'l Federal and State1.9$ 4Mandated Costs GASB 33 income recognition required10.8$ 5Interest earnings on PY TRANS6.9$ 6State hourly programs higher than previous projection1.7$ Changes Since July 9, 2002
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The mission of San Diego City Schools is to improve student achievement by supporting teaching and learning in the classroom. Resource Changes (>$500K) Schedule 1A – Income for 2002/03 ITEM Amount ($M) 7TIIG (Integration) lose on charter school ADA(1.3)$ 8AB 2041 funds not earned(1.4)$ 9All Other Items no item < $500K0.5$ 10Net Improvement in Income21.8$ 11Decrease in Unspent Appropriations(13.0)$ Net Improvement in Beginning Balance8.8$ Changes Since July 9, 2002
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The mission of San Diego City Schools is to improve student achievement by supporting teaching and learning in the classroom. Budget Reductions Schedule 2 (>$100K) Item Amount ($M) Contract Savings ($1.5) Overtime and Hourlies ($1.0) Temporary Service Agencies (eliminate in Cent. Ofc.) ($0.4) Food Purchases (eliminate in Central Ofc.) ($0.1) Reclassification Savings (suspending all studies) ($0.2) Changes Since July 9, 2002
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The mission of San Diego City Schools is to improve student achievement by supporting teaching and learning in the classroom. Budget Reductions Schedule 2 (>$100K) (cont.) Item Amount ($M) Position Management Process ($1.0) Travel/Conferences (Central Ofc. reductions) ($0.4) Executive Dir & Secy pos shown 2x in error $0.2 Retiree Transfers ($0.1) Interfund transfer (from Spec Ed to Bus Purchase) ($1.9) Changes Since July 9, 2002
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The mission of San Diego City Schools is to improve student achievement by supporting teaching and learning in the classroom. Budget Additions Schedule 3 (>$100K) Item Amount ($M) Inventory Buyout (Books – Language Arts/Math) $1.0 1% for Economic Uncertainties $0.2 Point Loma Football Field $0.4 Hoover Track/Football Field $0.5 Pole Vault Pits $0.1 Transfer of Positions from Unrestricted Capital $0.2 e-Procurement Adjustment – Supply Accounts $0.8 Changes Since July 9, 2002
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The mission of San Diego City Schools is to improve student achievement by supporting teaching and learning in the classroom. Budget Additions Schedule 3 (>$100K) (cont.) Item Amount ($M) Revised Fixed Benefits $0.5 Mandated Costs Restricted Reserves $10.6 TRANS Interest and Expenses $7.0 Charter School Office $0.3 Master Plan for Instructional Materials ($3.1) Delete Approps. for Support To Child Dev Program ($0.2) Accounts Payable $0.3 Changes Since July 9, 2002
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Financial Slides for July 23, 2002 BOE Meeting
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